Reduce liability for losses on commercial accounts by adhering to four requirements.
Thomas Ogaard named President and CEO of Native American Bank
Feb 4 - Veteran banker Thomas Ogaard has been appointed as president and CEO of Native American Bank, N.A., Denver.
"Tom Ogaard brings a wealth of banking knowledge and experience. We believe his background is critical at this time in our history and look forward to working under his leadership and direction," stated Lew Anderson, chairman of the bank's board of directors. "We are very pleased to have Mr. Ogaard join us as president and CEO."
Ogaard comes to Native American Bank from Citizens First National Bank in Princeton, Ill., where he served as president and CEO for the bank and the bank's holding company. Ogaard also held executive positions at State Bank of Park Rapids, Eagle Valley Bank, Associated Bank/Signal Bank, and TCF Bank in Minnesota.
"I am very pleased to be joining Native American Bank and look forward to the opportunities ahead," said Ogaard. "The bank is well positioned to play an active role meeting the financial needs of the Native American and Alaskan Native communities, which is the heart of the bank's mission."
Cristina Danforth, chairwoman of the Native American Bancorporation and treasurer of the Oneida Tribe of Wisconsin, stated, "Native American Bank is preparing to introduce our new president and CEO to tribal businesses and communities to promote the mission of the bank. We look forward to having a smooth transition for the current and prospective customers of the bank."
Native American Bank is a $62 million dollar bank with its corporate headquarters in Denver, Colo., a retail branch in Browning, Mont., and a loan production office in Box Elder, Mont. Its primary market is Native American Tribes, Alaska Native Corporations, and Native American businesses and individuals. The bank is owned by 28 federally recognized Indian Tribes, Alaska Native Corporations and tribal organizations. For more information about Native American Bank, please visit the bank's website at www.nabna.com.