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Herald Journal | DC Enterprise-Dispatch | Delano Herald Journal
Crow River State Bank under new ownership
Sept. 15, 2014

By Starrla Cray
Staff Writer

DELANO, MN – For Noah Wilcox, being the new owner of Crow River State Bank in Delano is a little bit like coming home.

“I grew up in the Delano area, and graduated from Mound-Westonka High School,” said Wilcox, who purchased the bank Friday.

The acquisition also included the Mound branch of Crow River State Bank, as well as a loan production office in Buffalo.

“We’re very excited, and I hope it’s exciting for the community, too,” Wilcox said. “We’ll be bringing additional products and services that the bank doesn’t currently offer.”

The bank’s new name, Minnesota Lakes Bank, is a reflection of the Wilcox family’s longstanding commitment to community banking in Minnesota.

“My family has had four generations of community banking,” Wilcox said. “It’s just the way I was raised. Conversations around the breakfast and dinner table were about making people’s dreams come true – helping them start their own business or buy their first home.”

Wilcox received his education from the University of St. Thomas and the Graduate School of Banking at the University of Wisconsin-Madison. His banking experience includes serving as president, CEO, and chairman of Grand Rapids State Bank.

Throughout his career, Wilcox has served the banking industry in numerous volunteer leadership positions. He was appointed a state director for the Independent Community Bankers of America, has served as past director and chairman of the Itasca County Family YMCA, and became an advisor to the Itasca Economic Development Authority, among other involvements.

“I’m very active in the industry, at the state and national levels,” Wilcox said. “My intent is to do what I can to make sure we have a thriving community bank sector. It’s not just for our banks, but for the industry as a whole – for future generations.”

In Delano, Wilcox is looking forward to getting to know his customers, and becoming reacquainted with city officials.

The same bank staff will continue to serve customers, with the exception of two recent retirees – President/CEO Dwight Bacon, and Chief Operations Officer Darlene Henry.

According to the bank’s website, Bacon began his career in Bloomington in 1966, and joined Crow River Bank in 2004. Henry started at Crow River as a part-time teller in 1985, and has played a key role in the bank’s success.

To learn more about Minnesota Lakes Bank in Delano, call (763) 972-3385.

“We’re a very community-focused bank,” Wilcox said. “We’re about personal relationships, and doing the right things for the right reasons.”

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