Minneapolis-based U.S. Bancorp promoted Gunjan Kedia as president.  Kedia, 53, will oversee the company’s three business lines. Kedia has nearly three decades of experience in financial services, having served in leadership positions at PwC and McKinsey & Co. She’s also held global executive positions at BNY Mellon and State Street Financial. Kedia joined U.S. Bank in 2016. Gunjan Kedia Kedia has an MBA from Carnegie Mellon University. She has a bachelor’s degree from the Delhi School of Engineering in India.  Chair and CEO Andy Cecere said Kedia has proven herself to be “a visio ..read more

Medford, Wis.-based Prevail Bank donated $67,650 to 20 Wisconsin-based nonprofits last month through its semiannual Charitable Contributions program. The donations were to nonprofits that assist low-to-moderate income households, invest in communities, and/or provide financial literacy or increase the standard of living of the underprivileged.  Organizations included: Marshfield.-based Companion Day Services, Marshfield Area Community Foundation-Bream Park and Soup or Socks. Eau Claire, Wis.-based Feed My People. Wausau-based First Presbyterian Church-Free Clinic, Junior Achievement of W ..read more

Pete Gobis joined Manitowoc, Wis.-based Bank First as vice president of deposit operations. Gobis has a dozen years of experience in banking, most recently as a card services manager. He has a business administration degree from the University of Wisconsin-Green Bay.  “His extensive experience in card services and commitment to provide customer-oriented solutions will greatly benefit our team and help us continue to deliver innovative products and service excellence to our customers,” said Kristeen Pelot, senior vice president of operations for the $4.1 billion bank.  The post Bank F ..read more

If you are looking for deposits, you might check out CNote, a company I encountered at the ICBA ThinkTech showcase in March. The two-hour, sixth annual event gave a dozen companies an opportunity to share their elevator pitch on stage at ICBA Live in Orlando, Fla.  CNote has relationships with about 1,000 large companies that profess commitment to positive social change. Jessica Jacobson, director of deposits, strategy and operations for CNote, explained that most of these companies have substantial cash on hand; CNote helps them place their funds on deposit at banks that pledge to use th ..read more

Bremer Financial Corp. increased the size of its board to nine members by electing MayKao Hang, Anthony Heredia and Liwanag Ojala.  Hang is vice president of strategic initiatives and founding dean for the Morrison Family College of Health at the University of Saint Thomas. She was president and CEO of the Amherst H. Wilder Foundation from 2010-19.  Heredia is senior vice president, chief ethics and compliance officer at Target Corp. He was previously a senior associate with government and military contractor Booz Allen Hamilton. Ojala is chief transformation officer at American Publ ..read more

Brookfield, Wis.-based North Shore Bank hired John Krostag as senior vice president, chief credit officer. He was previously the bank’s vice president, commercial credit manager. Krostag has nearly 20 years of banking experience, including more than five years at the $2.5 billion North Shore Bank. He started his career as a credit analyst and has since held positions in commercial credit and business banking.  John Krostag Krostag has a bachelor’s degree in accounting and an MBA from Lakeland University in Plymouth, Wis. Krostag’s role was previously held by Mark Ohlert, who retired in Ma ..read more

South Bend, Ind.-based 1st Source Corp. named Andrea Short president as part of the company’s long-term succession planning.  Short previously served as executive vice president of $8.7 billion 1st Source Corp. and will continue as president and CEO of subsidiary 1st Source Bank. She will also remain a board member of both the holding company and subsidiary. Andrea Short Short assumes the presidential role from Christopher Murray III, who will continue as chair and CEO of 1st Source Corp. and chair of 1st Source Bank. Murray called Short “a proven leader who believes in our mission of hel ..read more

Editor’s note: This column was included in the May 2 version of The Pulse, a weekly BankBeat email newsletter sent to subscribers. I learned distressing yet enlightening cybersecurity news last month while attending the Iowa Division of Banking’s Day with the Superintendent in West Des Moines. Iowa Banking Superintendent James Johnson said community banks, though relatively small, are attractive targets for cyber criminals, calling them “low-hanging fruit.” Though $37.4 billion in losses have been reported from cybercrime over the past five years, Omaha-based FBI Special Agent in Charge Dean N ..read more

Green Bay, Wis.-based Associated Banc-Corp elected Rodney Jones-Tyson to its board. Rodney Jones-Tyson Jones-Tyson is global chief human resources officer at Milwaukee-based financial services company Robert W. Baird & Co. He has an MBA from the University of Chicago Booth School of Business and a bachelor’s degree in finance from the University of Maryland College Park.  “Rodney brings over 30 years of experience working for successful global financial services companies and a strong background in several key HR and operations leadership positions that will be a tremendous asset for ..read more

Coon Rapids, Minn.-based Anoka Hennepin Credit Union plans to merge with Maple Grove, Minn.-based TopLine Financial Credit Union this summer.  The deal has been approved by the Minnesota Department of Commerce and National Credit Union Administration. Anoka Hennepin members will vote on the merger during a meeting in late June. The deal is expected to be legally effective this summer, at which point Anoka Hennepin will serve as a division of TopLine Federal Credit Union.   The $830 million TopLine serves more than 51,000 members in the Twin CIties suburbs of Bloomington, Brookly ..read more