About Glenwood State Bank

Our Purpose

To be the premier community bank, positively impacting our customers, employees, and communities through Christian principles.

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Who We Are

Since 1907, Glenwood State Bank has been helping individuals, families, farmers, and businesses navigate life's financial milestones. For more than a century, we've remained committed to the same principles that guided our founders: building relationships, supporting our communities, and helping customers achieve their goals.

While banking has evolved dramatically over the years, our commitment to personal service, local decision-making, and long-term relationships has remained unchanged. Generations of customers have trusted us through economic ups and downs, changing technologies, and growing financial needs—and we're proud to continue serving communities today while preparing for the future.

Why Customers Choose Glenwood State Bank

  • Local ownership
  • Local decision-making
  • Personalized service
  • Experienced bankers
  • Competitive financial solutions
  • Strong community involvement
  • Long-term relationships

Our Values

We are a Christian family and family business and desire to operate at all times under the solid Christian principles and with a servant-leader heart. We are committed to maintaining and developing our family business as a legacy that will continue into the future.

Committment

We are committed to Excellence, making every effort to exceed expectations in all we do. We are committed to the long-term success of the bank, to our customers, and to the communities we serve.

Diversity

We respect and appreciate the different backgrounds, education, and life experiences of all.

Balance

We place a high value on the physical, spiritual, and emotional well-being of each individual and encourage a balanced lifestyle.

Compassion

It is our obligation and a privilege to connect with and support others in our communities and our world through philanthropic activities, making a difference in the lives of others.

Virtue

We strive to conduct ourselves honorably with honesty and integrity and to treat others fairly and with respect. We aim to demonstrate love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control.

"At the heart of our bank is a simple belief: relationships matter. Just like any strong relationship, we're committed to walking alongside our customers through life's ups and downs, helping them navigate challenges and celebrate successes along the way."

- Kari A.M. Nelson, President

Board of Directors

Our Board of Directors provides strategic leadership and oversight while helping preserve the values and community focus that have guided Glenwood State Bank for generations.

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Dennis E. Martinson

Chairman of the Board

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Kari A.M. Nelson

President, Director

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Paul K. Martinson

Chief Credit Officer, Director

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Kirsten R.M. Nelson

Director

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Peter J. Nelson

Director
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Jim M. Morrissey

Executive Vice President / Commercial Lender, Director

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Larry Zavadil

Director

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Paul Mackin

Director

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Neil Falken

Director

  

 

Frequently Asked Questions about Glenwood State Bank

  • Yes. Glenwood State Bank is locally owned and remains committed to independent community banking.

  • Community banks focus on relationship banking, local decision-making, and serving the financial needs of the communities they support.

  • No. While we're rooted in west-central Minnesota, we proudly serve customers wherever life takes them through digital banking solutions and personalized service.

  • Our customers benefit from local ownership, experienced bankers, personalized service, and financial decisions made by people who understand their goals and circumstances.