101 N. Main St.
P.O. Box 398
Taunton, MN 56291-0398
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State Bank of Taunton began business in May of 1905 with a capital
stock of $10,000. The officers and directors were as follows: John
Swenson, president; P.P. Ahren, vice president; M.F. Ahern, cashier and
Samuel Lewison. The institution did general banking business, engaged
in real estate collection and insurance business. The bank has shown
substantial growth and has never closed during its over century long
existence. Par value of its shares has always been $100.00. The cost of
the original brick building including the outhouse was $4,412.99. Four
additions have been made to the original building over the years.
the days of the Depression a special meeting was called on April 8,
1931. Fifty-five new stockholders purchased shares at the cost of
$100.00 each. The bank was reorganized with the following officers
being elected; C.O. Olson, Pres. H.O. Esping, vice president, G.F.
Ahern, Cashier, Jessie Jensen, ass't cashier, Ole Esping, Frank Pesek,
R.N. Anderson, Directors. The all home owned bank was now in fact, as
well as in name, a community bank. In 1932 R.N. Anderson became
President and Chris Olson a director. Jessie Jensen became Cashier in
1934 resigning on May 15 1943. John W. Canton was hired to be cashier
on May 22, 1943. Mr. Canton became President in 1965 remaining in this
position until 1973. In these thirty years of service Mr. Canton served
the community well. His personality made the customers his friends.
The growth of the bank from 1940 to 1970
reflects the integrity and confidence that people put in Mr. Canton.
The assets in that period grew from $135,000 to $4,065,000.
R. Canton came in Aug. 1948 becoming assistant cashier the following
year. In June of 1952 Marjorie Kosmalski joined the staff. Helen Traen
was employed as bookkeeper 1954-1957. In 1957 the officers of the bank
were: R.N. Anderson, President; J.W. Canton, Executive Vice President;
J.R. Canton, Cashier, and Marjorie Kosmalski, Ass't Cashier. Jessie
Maertens was employed August 26, 1957 becoming assistant cashier in
1960 and retiring Sept. 1, 1984. Ronald Gilgert came in Nov. of 1957.
in Dec. 1961 Keith Anderson was employed. Both K. Anderson and R.
Gilgert served in the U.S. Army. Gilgert in 1962-63 and Anderson
1965-67. Both returned to their employment at the State Bank of
Taunton. They were appointed Assistant Cashiers in 1965.
to ill health R.N. Andreson resigned in 1965. Alfred Larson became Vice
President. Albert Borson became a member of the Board in 1964, Knute
Anderson came in 1966, becoming Vice President in 1974.
Blumeyer came in 1966-1970, working in the insurance field.
1974 Agnes Anderson was named to the Board of Directors.
Brewers was employed in April 1980 and became Ass't Cashier when Jessie
Jeremiason began her employment at the State Bank of Taunton in June of
1984 as a Proof Operator.
R. Canton continued as President until December, 1986 and was succeeded
by Keith L. Anderson.
August of 1987 Mary Jo Thooft was hired as a Proof Operator.
Larson joined the Board of Directors in February, 1988, replacing
Albert Borson, who resigned.
Hoffmann replaced Agnes Anderson on the Board in October, 1992, Ms.
Anderson retired from the Board. Jill Anderson replaced Mr. Hoffmann on
the Board in May, 1996.
Byers joined the Bank in January 2000 as Vice President and at the same
time replaced Knute Anderson on the Board of Directors. Mr.
Byers was named President of the State Bank of Taunton in December
2001. At that time Kevin Hoffman was named Assistant Vice
President and Keith Anderson former President remained as the Executive
Vice President. Bradley Salfer joined the staff as Ag Loan Officer in
The State Bank of Taunton
celebrated its centennial in 2005.
Palmer began employment December 2006. Ted replaced Bradley
Salfer, who resigned September 2006.
Linda Pesch was employed as a
Marketing Manager from March 2007 till her resignation in September
Byers was President from December 2001 until October 2007. Kevin
Hoffman replaced Bruce Byers on the Board of Directors October
Wanken joined the State Bank of Taunton in November 2007 and was
appointed President and Chairman of the Board in January
2008. Keith Anderson was named Senior Vice President, Kevin
Hoffman was named Executive Vice President, and Ted Palmer was named Ag
Loan Officer also in January 2008.
L. Anderson retired March 2008. Keith Anderson remains on the
Board of Directors.
Judy Wanken began employment at the State Bank of
Taunton as a teller in April of 2008. Celia Gilbertson joined
the staff in the area of Teller/Operations in August 2008, replacing
Mary Jo Thooft whose employment ended in June 2008. Amber
Kack also joined the bank in August of 2008 as a loan
Paul Jesse joined the State Bank of Taunton in
April of 2009 as the Senior Vice President.
Angie Stacken began employment at the State Bank of
Taunton in October 2009 as a loan clerk, replacing Amber Kack who was
promoted to Credit Assistant.
Amanda Pesch joined the State Bank of Taunton in October 2009 as a
Teller. Jeri Whortenbury joined the State Bank of Taunton in
October 2009 as Operations Clerk, replacing Celia Gilbertson whose
employment ended in September 2009. Also in October of 2009
Ted Palmer was named Vice President of Operations/cashier.
At the end of 2009, Dianna Dandurand retired
after working at the State Bank of Taunton for 21 years.
employment lasted from February 1988 through December 2009.
In March of 2010 Carie Driessen was hired as a full
Amber Kack was appointed a Loan Officer in November of 2010.
brought us a new 3600 square foot addition to the bank, housing the
loan department and a new boardroom. Also in January of 2011
the bank hired Brad Schriber as Vice President and Compliance officer.
Reiss joined the State Bank of Taunton as a full-time teller in April
of 2012. She replaced Judy Wanken who reitred in March of
On May 10, 2012, Paul Jesse resigned from his position as Senior Vice
President. In July of 2012, Ross Buffington was hired to take
over as Senior Vice President.
On December 28, 2012 Ross Buffington resigned from his position as
Senior Vice President. Replacing Ross was Paul Jesse; he was
welcomed back in February of 2013 as Senior Vice President.
In May of 2013 Angie Stacken resigned her positions from the State Bank
In June of 2013 Jerry Wanken retired from his position as President
replace by Duane Peterson who became President in August of 2013.
July of 2013 we welcomed two new tellers to the group Kelly Eischens
and Diane Breyfogle, also in July Kevin Hoffmann resigned from his
Franz Lubenow joined the
bank in October of 2013 as Senior Vice President and Chief Credit
officer. James Kponyoh joined the group in January of 2014,
to help with IT.
Paul Jesse left in April of 2014
and Carie Driessen and Ted Palmer resigned their positions soon after.
Anderson retired her position in July of 2014 and Kelly Eischens took
over that position. Also Halie Speiser joined as a teller and
Abbie Yeo as a loan auditor.
In October of 2014
Franz Lubenow left his position and Jeri Whortenbury was promoted to
consumer loan officer and Moriah Reiss to Ag loan officer.
Kack was promoted to Vice President.
James Kponyoh resigned his
position July 21st of 2015.
officers & staff
Diane Breyfogle, Loan Administrative
Kelly Eischens, Executive Administrative
Carol Jeremiason, Assistant Cashier
Kack, VP/Mortgage Loan Officer
Abbie Yeo, Loan Auditor and Loan Administrative Assistant
Amanda Pesch, Head Teller
Duane Peterson, President/CEO
Reiss, Ag Loan Officer
Schriber, Senior VP/Compliance Officer & Cashier
Jeri Whortenbury, Consumer Loan Officer
Halie Speiser, Teller
Present Board of Directors
comments & questions contact firstname.lastname@example.org
Copyright 2015. State Bank of Taunton | Privacy Statement
101 N. Main | P.O. Box 398 | Taunton, MN 56291-0398
Phone: (507)872-6136 | Fax: (507)872-6404