Minneapolis-based First Resource Bank named Aaron Siegle CEO and Charlie Anderson president and chief operating officer, both effective Jan. 1..As part of the transition, Siegle’s father, outgoing CEO Tim Siegle, became chair of the bank’s holding company, Ameri Financial Group. He will also serve as vice chair of the First Resource Bank board of directors.Tim Siegle is credited with leading the expansion of First Resource Bank to a half-dozen branches, and the growth of the bank to more than 80 employees and $830 million in assets. Aaron Siegle, previously president and a member of the board of directors, said he plans to build on the bank’s momentum while maintaining its culture and values. Anderson, who joined the bank after a career at Piper Sandler was most recently executive vice president and chief operating officer."Because of the willingness of our leadership to allow the next generation to step into these roles, something truly special has materialized," said Tim Siegle. "The plan has worked to perfection. We have the most talented staff in the Twin Cities, and the momentum and success we’re seeing are beyond what anyone imagined. It has been a gift to serve as CEO, and I am excited to see Aaron and Charlie lead this bank into its next chapter."
