Jan. 29, 2007

New officers begin work at State Bank of Delano

By Ryan Gueningsman
Managing Editor

Two new vice presidents have taken the helm at State Bank of Delano recently.

Scott Fritz has been named senior vice president and manager of the lending department, according to the bank’s president and chief executive officer Steve Gilmer.

Grady Anderson has been named vice president, chief financial officer, and chief operating officer.

Fritz has been with State Bank of Delano since July, and is in charge of lending functions of the bank.

Prior to Delano, Fritz worked in Elk River at First National Bank. He also has experience at Bremer Bank in Princeton for about six years, and has a total of almost 20 years in banking.

Originally from Forest Lake, Fritz is a 1985 graduate of Gustavas Adolphus College with a degree in business administration. Married with three children, Fritz currently resides in Princeton but is planning on relocating to Delano soon. He is getting involved with the Delano Area Chamber of Commerce, and said he’s looking forward to being a part of the community.

Anderson has been at the bank since mid-December, and also said he is looking forward to becoming part of State Bank of Delano.

“It’s a nice, progressive bank that’s going places,” Anderson said. He is in charge of the operating/deposit aspects of the bank.

He previously worked at First National Bank in Cold Spring, as well as in Monticello at First National Bank, which later became Wells Fargo.

Anderson is an Alexandria native who graduated from Moorhead State in 1976.

Prior to entering the banking world, Anderson was a school teacher for seven years. He has been in the banking industry for more than 20 years.

Although the two bankers did not know each other prior to beginning work in Delano, they are finding themselves working together a lot.

They added one of their goals is to stay on the leading edge of technology, along with continually looking for and implementing new ideas.

Fritz said the bank has two main initiatives it hopes to accomplish in 2007, including the development of commercial online banking.

Another project is the implementation of a remote deposit program, where businesses will have a scanning device at their location for depositing. Aside from those two goals, Fritz and Anderson said they are both getting to know the staff at the bank along with its customers.

“So far, we both really enjoy the bank and the area,” Fritz said. “There is a great staff at the bank, and the interaction we’ve had with customers and other people has been really good.”

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