MidWestOne Names David Lindstrom As SVP Retail Banking
IOWA CITY, Iowa, Jan. 8, 2018 /PRNewswire/ — MidWestOne Financial Group, Inc. (NASDAQ: MOFG), parent company of MidWestOne Bank, today announced the appointment of David Lindstrom as Senior Vice President, Retail Banking. Lindstrom joins MidWestOne after most recently serving nearly four years as the Market President of the Minneapolis-west market for BMO Harris Bank in Minneapolis.
“David is a perfect cultural fit for MidWestOne,” said Charlie Funk, MidWestOne President & CEO. “He understands the importance of providing excellent customer service that will be the foundation for accelerated growth in retail banking.”
At BMO Harris, Lindstrom was responsible for retail, premier, and small business banking in various roles over the past six years. Prior to the acquisition by BMO Harris, Lindstrom spent twenty two years at M&I Bank in various roles to include corporate leader of retail banking and Senior Vice President in regional and district manager capacities. He brings significant experience to MidWestOne Bank in the areas of retail leadership, business development and customer relationship management.
“I am excited to be joining a team with such a strong culture, that is centered around providing excellent customer service,” said David Lindstrom. “To me, this is the key differentiator and driver of success in banking today.”
Lindstrom is a graduate of University of Wisconsin, Madison, and currently resides in Minneapolis, Minnesota. He is on the Board of Directors of the Minneapolis Chamber of Commerce and Board of Directors, Minnesota Home Ownership Center.
Additional Information about MidWestOne Financial Group, Inc.
MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne Financial is the parent company of MidWestOne Bank, which operates 43 banking offices in Iowa, Minnesota, Wisconsin, and Florida. MidWestOne provides electronic delivery of financial services through its website, MidWestOne.com. MidWestOne Financial trades on the NASDAQ Global Select Market under the symbol MOFG.
Cautionary Note Regarding Forward-Looking Statements
Statements made in this release, other than those concerning historical financial information, may be considered forward-looking statements, which speak only as of the date of this document and are based on current expectations and involve a number of assumptions. These include, among other things, statements regarding future results or expectations. MidWestOne Financial Group intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and is including this statement for purposes of these safe harbor provisions. The Company’s ability to predict results, or the actual effect of future plans or strategies, is inherently uncertain. Factors that could cause actual results to differ from those set forth in the forward-looking statements or that could have a material effect on the operations and future prospects of the Company include, but are not limited to: (1) the strength of the local and national economy; (2) changes in interest rates, legislative/regulatory changes, monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board, and changes in the scope and cost of Federal Deposit Insurance Corporation insurance and fees; (3) the loss of key executives or employees; (4) changes in the quality and composition of the Company’s loan and securities portfolios, demand for loan products and deposit flows;(5) changes in the assumptions and estimates underlying the establishment of reserves for possible loan losses and other estimates; (6) the effects of competition and the overall demand for financial services in the Company’s market areas; (7) the Company’s ability to implement new technologies and develop and maintain secure and reliable electronic systems; (8) changes in accounting principles, policies, and guidelines; (9) the risks of mergers, acquisitions and divestitures, including, without limitation, the related time and costs of implementing such transactions, integrating operations as a part of these transactions and possible failures to achieve expected gains, revenue growth and/or expense savings from such transactions; and (10) other risk factors detailed from time to time in filings made by the Company with the SEC.
President & CEO
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SOURCE MidWestOne Financial Group, Inc.