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Bank Leadership

October 2, 2022

Executive Officers

Executive Officers

Pictured left to right, front row:

  • Susan Black – Executive Vice President and Director of Human Resources
  • John Babcock – Chairman, President, and Chief Executive Officer

Back row:

  • Thomas Lund – Executive Vice President and Director of Commercial Lending
  • LeRoy Lindenfelser – Chief Financial Officer
  • Bill LaVigne – Chief Operating Officer
Senior Management

Senior Management

Pictured left to right, front row:

  • Sue Black, LeRoy Lindenfelser, Christine Niskanen, Tom Lund

Back row:

  • Levi Aesoph, Corey Wemple, Pete Onstad, Cheryl Dehmer, John Babcock, Bill LaVigne, Nate Ovall, Peter Reiner, and Julia Schreifels

Board of Directors

John Babcock

John Babcock

Mr. Babcock is the President, CEO, and Chairman of the board of The Bank of Elk River and the bank’s holding company. He has served as Chairman since 2008 and is the fifth generation, Babcock, to serve as Chairman of the bank. Mr. Babcock has been with the bank since 1997 and a member of the board since 2000. He has worked as a Branch Manager and Commercial Lender before becoming President. Mr. Babcock is a graduate of Colorado College and the Graduate School of Banking in Madison, Wisconsin. He is also the former owner of Apples Associates, Inc.

Pauline Hoogmoed Board of Director The Bank of Elk River

Pauline Hoogmoed

Ms. Hoogmoed joined the bank as a director in October 2014. Ms. Hoogmoed grew up overseas and has lived and worked in Hong Kong, Tokyo, Amsterdam, and San Francisco, giving her a global outlook on business. She has worked for Charles Schwab, Shearson Lehman American Express, Kenner Parker Tokyo, Taste of Ireland Amsterdam, Mintahoe Hospitality Group, and spent 20 years as the CEO of UBM Catersource, LLC and two years producing national wedding shows with David Tutera. She previously served on the Lowry Hill East Neighborhood Association board as treasurer for 3 years and on the SEARCH board as marketing chair for 3 years. Working on boards gives her the opportunity to bring her wide range of experience and expertise to the boardroom and collaborate with like-minded individuals all working towards the goal of making The Bank of Elk River a success for both its customers and its shareholders.

Stewart Wilson Board of Director The Bank of Elk River

Stewart Wilson

Mr. Wilson has served on the bank's board of directors since 2004 and is also a director and officer for the bank's holding company. He retired in 2016 from a 41-year career in banking with The Bank of Elk River. In retirement, he remains active with many diverse hobbies, particularly waterfowl hunting and ultimate fishing experiences in North, Central, and South America. He enjoys traveling with a goal to visit all of the United State's National Parks. After decades of extensive community and public service geared towards improving economic opportunities and quality of life for area citizens, he remains involved with Guardian Angels of Elk River. He is a graduate of Elk River High School and received his Bachelor of Arts Degree from Hamline University in 1973. He and his wife, Debbie, reside in Elk River.

Patrick Dwyer Board of Director The Bank of Elk River

Patrick Dwyer

Mr. Dwyer has served as a director on the board since 1985 but started with the bank in 1965 working part-time for his father, the former bank president. Mr. Dwyer retired from the bank in July 2014 but has continued on as a consultant. Mr. Dwyer had worked in almost every capacity of the bank including Bookkeeper, Teller, Cashier, Consumer Lender, Commercial Lender, CFO/COO, President, and Secretary of the Board. He is a 1971 graduate of St. Cloud State University with a BS degree in Business Administration, as well as a life-long resident of Elk River.

Alba Misner Board of Director The Bank of Elk River

Alba Misner

Ms. Misner joined The Bank of Elk River as a director in June 2021 with over 17 years of business acumen across numerous industries, including Agriculture, Airline, Legal, Medical, Mergers & Acquisitions, and Non-Profit sectors. Her wealth of experience in strategic planning, cultural development, business analysis, project management, and consulting augment the other board member’s experience. Ms. Misner, an Elk River resident, is a proud mother of two children who attend ISD 728 schools. She is an avid volunteer and serves on local, state, and national boards developing leadership training programs and blood and marrow treatment programs. Locally, Ms. Misner volunteers at her church and serves on the ISD 728’s Strategic Planning Committee alongside business owners and district staff.