United Bankers Bank has announced that Dwight Larsen will become new CEO and President of UBB and its holding company, United Bankers’ Bancorporation, Inc.
Dwight is an outstanding fit for UBB’s culture of product excellence and customer service – not only for the UBB we see today but also for where we believe the bank must go to meet the challenges of tomorrow,” said Bryan Grove, chairman of the UBB Board and president of American State Bank in Grygla, MN. “He has built his career on the highest levels of integrity, an openness to new ideas and opportunity for others, and outstanding communication skills.”
Larsen, who brings 30-plus years of experience in bank management, regulatory affairs and education, will be the third president to take the helm at UBB since it was founded in 1975 as the nation’s first bankers’ bank. The appointment culminates an extensive national search to replace William Rosacker, who retired in April after leading UBB for 34 years.
“This is an incredible honor and exciting opportunity for me to lead the finest correspondent banking team in the nation,” Larsen said. “Right from its inception as America’s first bankers’ bank, UBB has led the way with so many product, service and technology innovations. Not only do I intend to continue that tradition,” Larsen said, “my goal is to take UBB even further and become the nation’s premiere bankers’ bank.”
“Dwight is of the highest integrity and has an unparalleled drive,” added OBL President & CEO Mike Adelman. “He brings an enviable blend of experience working with community banks during his career with UBB as well as large banks as a regulator. He is well positioned to take UBB to the next level as the premier bankers bank in the nation.”