Glenwood State Bank hires Market President

August 16, 2018


Mark Malingen

Mark Malingen has joined Glenwood State Bank as Market President for the Alexandria branch.  Malingen earned an AA degree from Minnesota State and Technical College in Fergus Falls and his bachelor’s degree in finance from Minnesota State University Moorhead.


Mark has many years of experience in the banking industry. He was formerly the president of Bell Bank in Detroit Lakes for 7 years. Prior to that, Malingen was an Area Manager for 11 years and a Retail Manager for 5 years at various banks in Minnesota. Mark has more than 25 years of leadership experience and has been involved with various boards, chamber groups and Rotary Clubs in the communities he has served.


Originally from Fergus Falls, Malingen will be relocating to Alexandria from Detroit Lakes with his wife and two sons. He enjoys outdoor activities such as, golfing, hunting and fishing.


Glenwood State Bank is a locally-owned, family-owned, and family-operated community bank that has been serving the area since 1907.  In June 2018, Glenwood State Bank was named a Top Workplace in Minnesota by the Star Tribune.


Published by the Echo Press