Fargo, ND – Four years ago Gate City Bank Chair, President, & Chief Executive Officer, Steve Swiontek shared his plan to retire with the Bank’s Board of Directors. Since then, Swiontek and the Board have been diligently working on identifying the right candidate within Gate City Bank to replace Swiontek as President and CEO. A five-year succession plan was created to ensure a smooth transition of leadership.
Gate City Bank’s culture and philanthropy, developed and nurtured with Swiontek’s innovative vision, has transformed the Bank into the region’s leading financial institution. Swiontek says, “I’ve spent 42 years with Gate City Bank because I could see how we were really making a difference for our customers, communities and team members â€‘ it’s a vision that drives our team to uniquely serve the ongoing and changing needs. That’s why it was so important to me and to the Board that we hire our next President and CEO from within the organization. We knew it had to be someone who has lived and breathed Gate City Bank’s mission, For a Better Way of Life®.”
The transition will begin July 1, 2019, when Gate City Bank Chief Operating Officer, Kevin Hanson, will become the Bank’s new President & CEO. Swiontek will become Gate City Bank’s Executive Chair until his retirement on June 30, 2020, at which time he will remain Chair of the Board.
Kevin Hanson began his career with Gate City Bank more than 36 years ago and is currently the Bank’s Chief Operating Officer. Hanson, like Swiontek, began as a Management Trainee and also served in positions such as Loan Officer and Director of Lending. A native of Fergus Falls, MN, Hanson graduated from Moorhead State University in 1983 with a bachelor’s degree in Finance. He serves as Board Chair for Metro Area Transit and is also a Board Member of the North Dakota Housing Finance Agency.
Hanson says, “The Bank’s mission and culture is centered on positively impacting our customers, communities, and team members. I look forward to continuing and deepening that commitment for years to come.”
As Executive Chair, Swiontek will continue to provide his decades of experience and leadership by overseeing the bank’s strategic investments in philanthropic giving and inspiring passion for the bank’s mission. In addition to his new role as Executive Chair, Swiontek will also retain his position as Chair of the Board for Gate City Bank.
“I have deep faith and confidence in Kevin’s ability to lead our team members in fulfilling our mission of serving others across our communities while further enhancing and enriching the Bank’s unique culture”, says Swiontek. “The Bank’s mission, philanthropic giving, excellent workplace culture and commitment to providing good paying jobs and benefits to team members will remain vibrant under his leadership.”
About Gate City Bank
A $2.2 billion mutual community bank, Gate City Bank has 38 locations across 19 communities in North Dakota and west central Minnesota. Employing 695 team members, Gate City Bank is committed to providing a better way of life for customers, communities, and team members. In addition to being North Dakota’s number one mortgage lender, Gate City Bank has also been named one of the “50 Best Places to Work” since 2014 by Prairie Business. Additional information is available at gatecity.bank.