News

Bank Midwest Welcomes Michael Laue as VP Senior Ag Commercial Lender for Martin Co. MN

Bank Midwest is pleased to announce that Michael Laue has joined the Bank Midwest family as a Senior Ag Commercial Lender serving the Fairmont and Sherburn locations.

Mike brings with him more than 10 years of Ag and Commercial lending experience. He earned a Bachelor of Science degree in Business Finance from Morningside College in Sioux City, Iowa after a professor sparked his interest in banking. His resume includes time as AVP Commercial Ag Officer for First Farmers and Merchants Bank. He also has a family farm South of Fairmont, MN where he runs a row crop operation, small cow calf enterprise as well as custom hog finishing, while also finding time to volunteer as a fire fighter for the Ceylon Fire Department.

“The energy Mike brings to Bank Midwest is one of the qualities that makes him such a good fit,” said Jared Pomerenke, Market President of Bank Midwest in Martin County. “Combined with his knowledge and personal relationships within the County, we feel Mike will be able to meet and exceed our Ag and Commercial clients needs with his fresh perspective.”

Bank Midwest is an employee-owned organization with 11 locations throughout Iowa, Minnesota and South Dakota. The financial institution has assets of $834 million, and is a full-service financial institution offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services. (Investment and insurance services are not deposits, not FDIC insured, not guaranteed by the bank and may go down in value.)