United Bankers’ Bank announces management transitions

Chuck Hokans, executive vice president at United Bankers' Bank, Bloomington, Minn., will retire at the end of the year. As part of the transition, UBB President Bill Rosacker also announced a series of management promotions..Hokans will continue to advise on the transition from now until he retires at the end of the year. He has been with UBB since 1985. Hokans is the bank's chief marketing officer..John Peterson has been promoted to senior vice president of sales and marketing, and will handle the duties previously held by Hokans..Peterson came to UBB in 2002 after working 16 years in retail bank operations, lending and branch management for First National Bank of Chaska, Minn., and U.S. Bank. During his 12 years at UBB, Peterson served as correspondent banking officer to customer banks in southern Minnesota before becoming sales manager in 2013..Craig McCandless will serve as regional sales manager for UBB customers in the Great Plains and the Pacific Northwest, including North and South Dakota, Montana, Wyoming, Nebraska, Idaho, Washington and Oregon..Jay Syverson was named regional sales manager for the Upper Midwest and the Great Lakes, including Minnesota, Iowa, Michigan and Illinois..Todd Holzwarth will step into the position of correspondent banking officer for North and South Dakota, where he previously served as a lending officer..Todd Schultze joined the marketing department as a correspondent banking officer for Minnesota after previously serving as a UBB lending officer..Finally, Mark Oliverio was recently hired as UBB's first dedicated correspondent banking officer for Illinois.."A lot of thought and planning has gone into this transition. Essentially, we are moving UBB closer to the customer" said UBB President Bill Rosacker. "We are seizing this opportunity to re-emphasize our commitment to community banking."