SOURCE: Alliance Bank

April 16, 2007 07:00 ET

Paul Kramp Joins Alliance Bank as Senior Vice President

ST PAUL, MN and EAU CLAIRE, WI -- (MARKET WIRE) -- April 16, 2007 -- Alliance Bank, a privately owned community bank with over $550 million in assets, announced today that Paul Kramp has been hired as a senior vice president/commercial banking for the Lake City location.

Paul comes to Alliance Bank with over 30 years of commercial and agricultural lending experience, including more than ten years of senior level experience. Paul brings strong business development and relationship-building experience. Most recently, Paul was a senior vice president at Associated Bank. Prior to that, he worked at The National Cooperative Bank and Farm Credit Services. Paul received a BS degree from South Dakota State University, and is a graduate of the Graduate School of Banking at the University of Wisconsin-Madison.

As an active member of the community, Paul serves as a member of the Red Wing School Board, a board member of ProAct, a not-for-profit organization serving people with disabilities, and serves on the loan review advisory committee for the Community Reinvestment Fund. Paul resides in Red Wing.

"We are pleased to have a banker of this caliber join our team at Alliance Bank," stated V. Philip Reim, chief executive officer, Alliance Bank. "His wealth of experience and commitment to the community are traits that are important to us as a leading community bank. Paul will be a definite asset to us as we serve the banking needs of Lake City businesses and the surrounding community."

About Alliance Bank

Alliance Bank is a privately owned community bank with assets in excess of $550 million. Alliance Bank provides highly integrated commercial, agricultural, private and personal banking services in ten locations throughout Minnesota and Wisconsin.

Established in 1867, Alliance Bank delivers big bank expertise with community bank service. Alliance Bank is committed to remaining independent and providing personal interaction and timely decision making. From basic checking and savings products, to business loans, personal loans, sophisticated cash management and online banking services, Alliance Bank offers services to help companies and individuals succeed. Visit www.alliancebanks.com or call 1-888-959-9425 to learn more.

Contact Information

  • Contacts:
    Debra Kosch
    VP - Marketing
    651.229.2873

    Catherine Cushing Ditmar
    Communications Officer, Lake City/Eau Claire
    651.345.1505

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