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11.25.16 Anchor Bank Names Brant Gustafson VP, Bank Manager

Photo of Brant Gustafson

St. Paul, MN, November 2016 — Anchor Bank has named Brant Gustafson vice president, bank manager at Anchor Bank Woodbury. Brant joined Anchor with over 18 years of experience in the banking industry. A veteran of personal banking, he sets high standards and expectations for all service provided to customers.

“Brant excels at building relationships with both customers and bank employees to create an ideal environment for delivering successful financial results,” says Rhonda Mann, manager of personal banking. “Brant is a team builder who is excellent at identifying customer needs and pairing them with the correct product and support to ensure positive results.”

Brant is a member of BNI Minnesota and the Woodbury Area Chamber of Commerce. He cares deeply about the community lending support to both local food shelf and scholarship boards.  He currently serves as the vice president of the White Bear Area Fast Pitch Association. 

11.22.16 Wendy Boos Promoted to Assistant VP Bank Manager

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St. Paul, MN, November 2016 — Anchor Bank has promoted Wendy Boos to assistant vice president, bank manager of the Lakeville office. Wendy has been with Anchor Bank for nearly thirteen years, most recently serving as the assistant bank manager at the Farmington location.

“Wendy has always exceled at working directly with customers to ensure a remarkable experience,” says Rhonda Mann, manager of personal banking. “I’m confident that as Bank Manager, Wendy will continue to nurture her passion of helping others by leading the branch in delivering top-notch service.”

Filling multiple roles as an AWANA Sunday School teacher at church, Wendy also serves as a member of the nonprofit Farmington Business Association.

11.15.16 Hope Schroeppel Promoted to Bank Manager Lead

St. Paul, MN, November 2016 – Anchor Bank has promoted Hope Schroeppel to bank manager lead. Hope will oversee the Plymouth, Wayzata, Eden Prairie and Shakopee locations. A nine-year veteran of Anchor Bank, Hope will lend expertise in financial offerings and services to further expand Anchor Bank’s presence in the community.  

“Hope is a proven leader who builds strong relationships with team members to consistently deliver superior service to customers,” says Rhonda Mann personal banking manager at Anchor Bank. “She excels at highlighting Anchor Bank’s commitment to serve the community by offering innovative solutions to financial needs.”

A graduate of the University of Wisconsin with a BBA in Finance, Investments and Banking, Hope is a member of the Wayzata Chamber of Commerce and is on the board of directors of the Wayzata Rotary Club.


11.14.16 Anchor Promotes Tim Raymond Senior VP Bank Manager

St. Paul, MN, November 2016 — Anchor Bank has promoted Tim Raymond to senior vice president, bank manager of its Eden Prairie location. Tim brings nearly 15 years of experience in the financial services and banking industries to the Eden Prairie office, providing a personalized client experience with each customer interaction.

“Tim has been serving clients in the Eden Prairie community since 2002,” says Rhonda Mann, manager of personal banking. “He lives the Anchor values each and every day with his customers and his team.”
Tim’s family volunteers as drivers for Dinner at Your Door, a nonprofit delivering nutritious meals helping individuals and families live independently and stay healthy. They are also active volunteers for Feed My Starving Children and the youth program at their church. In the past, Tim has served on the Board of Directors for the TwinWest Chamber of Commerce for six years, as well as the TwinWest Foundation for three years sitting on the High School Scholarship committee.

09.20.16 Anchor Promotes Brenda Johnson to Bank Manager Lead

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St. Paul, MN, May, 2016 — Anchor Bank has promoted Brenda Johnson to bank manager lead. Brenda leads and manages the Eagan, Woodbury, St. Paul Park and North St. Paul locations. Most recently, Brenda served as vice president, bank manager.

“Brenda delivers personal and small business banking by creating strong customer relationships founded on financial success,” Rhonda Mann, personal banking manager at Anchor Bank, said. “She has a demonstrated commitment to her community and is a role-model for leadership.”

As an Eagan Ambassador Captain for the Dakota County Regional Chamber of Commerce, Brenda facilitates involvement and encourages visibility in the community for new businesses through Chamber activities. She is also heavily involved with many other organizations supporting initiatives that make an impact close to home; including The Eagan Foundation, the Women’s Circle, and the Green Ribbon Initiatives Board.  

09.12.16 Anchor Names Lisa McDaniel VP Comm. Operations & Projects

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St. Paul, MN, August 2016 – Anchor Bank has named Lisa McDaniel vice president, commercial operations & projects. Lisa, a 20-year veteran of the banking industry, will provide expertise in management and technology to ensure streamlined processes within Commercial Banking, Treasury Management, Private Banking and Investment.

"Lisa’s dedication to the client and her ability to build innovative, collaborative teams, make her an ideal addition to our organization, says Jim Collins director of commercial banking at Anchor Bank. "She focuses on building strong relationships with clients to ensure they are supported by the best possible products and services to allow them to focus on growth and efficiency."

A lifetime believer in affordable and accessible education, Lisa has served on the boards of Anoka-Ramsey Community College Foundation, the Twinwest Foundation and the North Metro Soccer Association.

09.12.16 The Cove Foundation Awards Three $4,000 Scholarships


St. Paul, MN, August 2016 — The Cove Foundation, formerly Anchor Bank Family Foundation, has awarded three scholarships in the amount of $4,000 each to three outstanding children of Anchor Bank employees. The award recipients, Joshua Huninghake, Zach Marshalla, and Cale McElroy, were selected by Scholarship America after their careful review of eight strong candidates.

The legacy Anchor Bank Foundation, now The Cove Foundation, was founded by the Jones family in 2004 to honor the life and legacy of Anchor Bank founder Winton Jones. The Jones family and the Foundation execute programs that advocate Winton’s love for education and support of the communities in which he lived and worked.

"The Jones family is delighted that the scholarships for 2016 have been awarded to Josh, Zach and Cale and extend our congratulations to those motivated students," says Janet Jones president of The Cove Foundation.

The Cove Foundation does consider unsolicited requests for support from 501c(3) organizations. Projects considered for support must demonstrate a clear purpose and meet defined needs in one of the Foundation’s areas of focus including education and humanitarian efforts. All applicants must submit a written project request describing how the proposed project meets these criteria in order to be considered.

About The Cove Foundation

The Cove Foundation is a Minnesota-based family foundation, established in 2004, under the direction of the Jones family that seeks to improve the quality of life in the lives of individuals, families and the communities we serve. The Foundation achieves its objective through contributions to projects in the areas of education and humanitarian efforts.


For general inquires email Completed Minnesota Common Grant applications can be sent to

09.01.16 Jim Huninghake Receives SPEDCO’s Banker of the Year Award

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St. Paul, MN, September 2016 — Jim Huninghake senior vice president, commercial banking at Anchor Bank has been honored with SPEDCO’s 2016 Banker of the Year Award. Jim was selected by SPEDCO for both the instrumental support of their SBA 504 Loan program and the wealth of valuable insight he offers to clients. 

 “Jim exudes a reassuring confidence both in his financial service abilities as well as in the success of each of his clients, and is well deserving of the award,” says Jim Collins Director of Commercial Banking at Anchor Bank.

SPEDCO has only extended the honor three times in the last 22 years. It is with significance that the last award was also presented to Jim in 2007. 

SPEDCO is a nonprofit certified development company whose mission is to help small businesses obtain financing for job creation, to fund business expansion and to promote economic development throughout the state of Minnesota and nine counties in western Wisconsin. As a registered agent of the SBA since 1981, SPEDCO is certified to provide consultation and services to banks and their customers. SPEDCO consistently ranks high on the list of Minnesota institutions using SBA programs. 

07.26.16 Anchor Names Kelly Elkin Sr. VP, Nonprofit Banking

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St. Paul, MN, July 2016 — Anchor Bank has named Kelly Elkin senior vice president, nonprofit banking. Kelly brings over 30 years of experience in the industry to Anchor Bank, working with start-up to Fortune 100, domestic and international, private and public, for-profit and nonprofit organizations.   

Kelly appreciates that every nonprofit is unique, and takes time to listen, ask questions and understand her client’s needs,” says Jim Collins director of commercial banking at Anchor Bank. “She thrives at taking a complex financing need, and bringing together constituents to structure creative solutions.”

Over the past 10 years, Kelly’s volunteer focus has been serving on nonprofit boards of directors. Currently, Kelly serves as board treasurer and director of Alliance Housing, Inc., and board director and finance committee member of Youthprise.  

06.28.16 Jeff Boelsen Joins Anchor Bank’s Board of Directors

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St. Paul, MN, June 2016— Jeff Boelsen has joined Anchor Bank’s Board of Directors. Previously, Jeff spent 25 years in the distribution channel of Cummins Inc., a Fortune 250 company, most recently as vice president of finance and chief financial officer. Jeff retired in 2015 and currently consults part-time for Cummins Inc.

“As a key corporate leader, Jeff brings a wealth of knowledge to the table and is very involved in his community,” says Carl Jones chief executive officer and chairman of the board at Anchor Bank. “We’re thrilled to welcome Jeff to Anchor, and look forward to utilizing his extensive experience.”

Jeff graduated from St. Cloud State University in Minnesota. He was a former Board member of Cummins NPower and ICDC (Cummins’ insurance captive) and served on the finance committee of North Oaks Golf Club, Our Saviors Church and Sundance Condo Association. Jeff has also served on several councils for Cummins North American Distributors.

05.23.16 Anchor Promotes Charity Williams to Bank Manager Lead

Photo of  Charity Williams

St. Paul, MN, May 2016— Anchor Bank has promoted Charity Williams to Bank Manager Lead. In addition to managing and coaching her own personal banking team in Apple Valley, as Bank Manager Lead Charity now oversees Anchor’s Burnsville, Lakeville and Mankato teams. Charity has worked in the banking and financial industry since 2001 and joined Anchor in April 2014, most recently serving as Vice President, Bank Manager.

“Charity has excelled at setting expectations for her team to deepen relationships, “says Rhonda Mann, Personal Banking Manager at Anchor Bank. “I’m confident that as Bank Manager Lead Charity will inspire an even stronger execution of Anchor’s overall values, strategic plans and tactical objectives. ”

Charity has a Bachelor’s Degree in Business Administration from the University of Florida and is a Dale Carnegie Leadership Training graduate, having completed coursework on effective sales, teamwork, leadership development, effective public speaking and customer service skills . She also has her NMLS license. Charity also regularly volunteers with local food shelves and other nonprofits in the area. 

05.16.16 Anchor Bank Promotes Kristi Joeckel to Bank Manager Lead

Photo of Kristi Joeckel

St. Paul, MN, May, 2016 — Anchor Bank has promoted Kristi Joeckel to bank manager lead. Kristi leads and manages the St. Paul Park office in addition to overseeing the Eagan, Woodbury and North. St. Paul offices. She has been with Anchor for over a decade, supporting her teams with a highly motivated attitude. 

“Kristi goes above and beyond to exceed her client’s goals with a warm smile and welcoming spirit,” Rhonda Mann, personal banking manager at Anchor Bank, said. “She has an undeniable passion for people and continuously works to improve the efficiency and effectiveness of her assigned offices.”

As a Vice President, Bank Manager Lead, Kristi demonstrates that teamwork combined with a genuine attitude go a long way. She is well-versed in personal financial services and is up to the challenge of ensuring every single person receives the highest quality service.  

05.09.16 Anchor Named Jordan Marriott VP, Commercial Banker

Photo of Jordan Marriott

St. Paul, MN, May 2016 — Anchor Bank has names Jordan Marriott vice president, commercial banker in the Eagan Office. Previously, Jordan held a position as a Commercial Loan Officer at a Federal Credit Union in St. Paul. 

“As Vice President, Commercial Banker Jordan takes the time to build relationships with clients and understand their business operations in order to implement mutually beneficial solution,” Jim Collins director of commercial banking at Anchor Bank, said. “His ability to come up with creative solutions from a credit standpoint due to his background as an analyst and portfolio manager is part of what makes working with Jordan a unique experience.”

Jordan attended University of Minnesota Duluth where he received a bachelor’s degree in Finance. He was also member of NCAA Division II University of Minnesota Duluth football national championship teams.

05.02.16 Anchor Bank Promotes Kim Bundich to Bank Manager Lead

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St. Paul, MN, May 2016 — Anchor Bank has promoted Kim Bundich to bank manager lead. In addition to leading and managing the Snelling office, Kim will now oversee the Arden Hills, Blaine and West St. Paul offices. Previously, Kim held a position at Anchor Bank as Vice President, Bank Manager, managing a portfolio of accounts to ensure each individual is receiving the full breadth of financial services that Anchor has to offer.

“As Bank Manager Lead Kim excels in overseeing and delivering topnotch personal banking services with an emphasis on providing the very best in customer service,” says Rhonda Mann, manager of personal banking. “Whether Kim is assisting with opening a new account, explaining the credit process to a new client, or helping a team member, she does so with a can do attitude and a strong focus on her clients.”

As active in her role upholding the tradition of Anchor’s customer-focused service as she is in her community, Kim remains a vital asset to her entire team. When Kim isn’t busy volunteering with a variety of non-profits in her community, including Sharing and Caring Hands, she enjoys spending time with her daughter, creating new recipes and traveling.

04.15.16 Anchor Bank Names Steve Willems Chief Information Officer

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St. Paul, MN, April 2016 — Anchor Bank has named Steve Willems chief information officer. Steve comes to Anchor Bank with over 30 years of experience in the information technology industry. Most recently, Steve held a position as vice president of information technology solutions at a multi-million dollar Twin Cities nonprofit.

“Steve is a strategic IT executive, and we’re thrilled to have him on board,” says Jeff Hawkins, president and chief operating officer at Anchor Bank. “He has a track record of building teams that deliver technology solutions to support infrastructure, enable business growth and increase customer satisfaction.”

Steve has been an adjunct teacher at St. Mary’s University of Minnesota for over six years, teaching in the Masters of Information Technology Management program. Outside of work, he lends much of his time to volunteering in areas of his church, including Finance Committee, Men’s Group, Sacraments, Ministry, and Soldiers in Christ. In addition, Steve volunteers with Andover youth athletic events, participates in the ThinkIT mentorship program, and is a past board of director member and past chair for Minnesota Computers for Schools.

03.30.16 Anchor Bank Promotes Jason Torke to Market President

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St. Paul, MN, April 2016 — Anchor Bank has promoted Jason Torke to market president, commercial real estate. Jason joined Anchor Bank in 2007 as a vice president of commercial banking, where he spent over five years successfully growing a large loan portfolio, lending complex loan structures to hundreds of borrowers spread across numerous industries. He most recently held a position as senior vice president, commercial real estate manager, leading a team responsible for overseeing a large and fast-growing loan portfolio.  

“Jason has a complete understanding of every intricacy of the most complex commercial loans,” says Jim Collins, director of commercial banking at Anchor Bank. “Jason regularly identifies and recommends commercial partnerships with Anchor, playing an essential role in business development.”

In nearly nine years with Anchor, Jason has developed stable long-term business and personal relationships with countless clients. He is involved as a member of several professional organizations including Risk Management Association (RMA), NAIOP— the Commercial Real Estate Development Association, Minneapolis Regional Chamber of Commerce, Minnesota Commercial Real Estate (MNCAR), and the Minnesota Shopping Center Association (MSCA).

02. 28.16 Anchor Names Christina Ortiz Assistant VP, Bank Manager

St. Paul, MN, Feb. 2016 — Anchor Bank has named Christina Ortiz assistant vice president, bank manager at Anchor Bank West St. Paul. Christina has been with Anchor for nearly 13 years, most recently pioneering a new position as learning and development coordinator in the Human Resources department. She formerly held a position serving as assistant bank manager at Anchor Bank West St. Paul.

“Christina truly understands the importance of providing our customers with an exceptional experience, she listens to their needs and provides solutions.” Rhonda Mann, manager of personal banking. “Christina’s patient and optimistic leadership style is what equips her to handle tough situations and to find the best possible solutions for her clients.”

Christina volunteers with Celebrate West St. Paul, an organization that engages the community, honors the next generation and promotes local businesses. She served on the board of directors from 2014-2015. In her 13 years with Anchor, Christina has always demonstrated a commitment to serving her neighbors and community.

02.19.16 Anchor Bank Names Diane Kittelson Director of Operations

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St. Paul, MN, Feb. 2016 — Anchor Bank has named Diane Kittelson as director of operations. Diane will lead the operations department in developing strong partnerships and creative solutions to special challenges that arise. Bringing more than 30 years of experience to Anchor Bank, Diane most recently served as the vice president of corporate services at another privately-held Minnesota bank. 

“Diane’s ability to effectively enhance and deliver a high level of service to accommodate growth and support Anchor will be a great asset,” says Dennis Nisler chief financial officer at Anchor Bank. “I’m confident that the addition to our team will make a significant impact in implementing operational changes with new processes and technology.”

In her role as Director of Operations, Diane will establish strong partnerships and valuable service level agreements while working to create an environment of accountability through strong teambuilding.

Diane has a home in Burnsville and loves traveling, the theater, golfing, reading and any type of boating.  Her favorite destinations are New York City and the North Shore of Lake Superior (any time of the year). Her trip to Iceland on a whim has been one of her favorites so far.

02.19.16 Anchor Bank Receives '15 Best Businesses of Eagan Award

Photo of Anchor Bank Eagan building

St. Paul, February, 2016 — Anchor Bank Eagan has been selected for the 2015 Best Businesses of Eagan Award in the Banks & Credit Unions category by the Best Businesses of Eagan Award Program.

Each year, the Best Businesses of Eagan Award Program identifies companies that have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Eagan area a great place to live, work and play.

“Community involvement is a characteristic that’s been imbedded in the Anchor Bank culture since the beginning,” says Brenda Johnson vice president, bank manager at Anchor Bank Eagan.  “Our employees have always remained extensively involved with organizations that strive to better our communities.” 

About the Best Businesses of Eagan Award Program
The Best Businesses of Eagan Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Eagan area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.

The Best Businesses of Eagan Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community’s contributions to the U.S. economy.


01.29.16 Sullivan Named Dakota County Exceptional Business Woman

Photo of Arleen Sullivan

St. Paul, MN, Jan. 2016 — Arleen Sullivan, director of community banking at Anchor Bank, has been named 2016 Dakota County Exceptional Business Woman. First presented in 2010 by Dakota County Tribune and Sun ThisWeek, the annual award recognizes women who have distinguished themselves through Dakota County business and community involvement. 

“Arleen’s strong leadership of community banking upholds the level of personal attention our customers receive, leading to more efficient and effective financial solutions for our clients,” says Jeff Hawkins, president and chief operating officer Anchor Bank. “Her strong desire and commitment to invest in the community extends far beyond the work she does alongside Anchor Bank.”

Arleen's ability to meet common goals translates into success in her community outreach activities. As a member of the Executive Committee for CaringBridge's Advisory Council and a Board Member of ProAct, she is inspired to make connections that positively impact the lives of children and families in many communities. Moreover, Arleen's community leadership over the years has also extended to the Eagan Rotary Club, the Dakota County Regional Chamber of Commerce, the Eagan YMCA and the Eagan Foundation.

Arleen will be a part of a panel discussion among this year’s winners, where they will be honored during a recognition breakfast, and profiled in an exclusive print edition of Sun ThisWeek newspapers and The Dakota Country Tribune. 

01.27.16 Anchor Promotes Keighley Spott to VP, Financial Consultant

Photo of Keighley Spott

St. Paul, Minn., Jan. 2016 — Anchor Investments has promoted Keighley Spott to Vice President, Financial Consultant. Keighley has been with Anchor Investments for two years, most recently as a Client Account Manager, where she managed relationships and worked to implement comprehensive strategies to address client needs. 

“Keighley takes a genuine interest in people, and gets to know each person,” says Heidi Pederson, Director of Investments at Anchor Investments. “She is passionate about educating clients and offers comprehensive possibilities for their money.”

Since joining the financial services industry in 2006, Keighley has earned numerous internal performance awards from Anchor. She holds a Customer Service Certificate and is a fully registered industry specialist. She also has her Series 7, Series 66 held through LPL Financial, and Minnesota Insurance licenses. One of her current goals is to earn her CERTIFIED FINANCIAL PLANNER™ professional certification. 

Keighley spends a lot of time with her husband and two daughters, actively volunteering with Hosanna! Lutheran Church, Feed My Starving Children, Families Moving Forward, The Family Partnership and Community Associations Institute - Minnesota Chapter (CAI-MN).