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In This Issue

  • A Note from the CEO
  • COVID-19 Updates
  • Meet Alissa Brekke
  • Update on The Bright Project

Lobbies Closed

Beginning March 18, all Pioneer Bank lobbies will be closed. Learn more about available options for all your banking needs on our website.

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A Note from the CEO

Today’s headlines can be confusing and sometimes even downright scary.  Trade wars, pandemics, stock market volatility, spring flood forecasts, the challenging ag economy, this fall’s general election.  It’s easy to understand how today’s news can make you feel overwhelmed, stressed and unsure of what to expect next.  

The stories behind these headlines are great reasons to be sure your bank is meeting your needs.  As a consumer, it’s important to be sure you can access your cash when and where you need it, to have the peace of mind that comes with knowing you have the safety and security of FDIC insurance on your deposits, or to take advantage of today’s record low mortgages rates.  

Farmers and business operators, it’s more important than ever to be sure your business plan is in order, your debt is properly structured and you’ve identified ways to improve the efficiency and profitability of your farm or business. 

Building a strong relationship with your banker is important.  Our bankers are trained to help you identify your banking needs and our products and services are designed to help met those needs.  Our commitment is to work hard to build your trust and provide value to your banking relationship, beyond fair interest rates and fees.

Contact your banker today.  Talk about your plans, your hopes, your concerns.  Let’s work together to create a banking relationship that takes some anxiety out of your life. 

Yes, today’s headlines can be overwhelming, but they don’t need to scare you.  Be prepared - for your health, for your happiness and for your finances. 

To your good health,
David P. Krause, CEO

COVID-19 Updates

Pioneer Club Event Calendar

Due to the COVID-19 virus, all Pioneer Club activities are suspended at this time. We will work to keep you informed and up to date on when events will resume. Stay up to date with Pioneer Bank on the latest COVID-19 Updates.

Making a Positive Impact

During this COVID-19 crisis, Pioneer Bank will be purchasing lunch for our teams that are keeping our branches open. We are committed to supporting our local restaurants by using take-out and delivery services. 
The North Mankato crew enjoyed WYSIWYG Juice Co. for a healthy and energizing lunch. Thanks for the drop off Kristi & Marie! #socialdistancing

Meet The Banker: Alissa Brekke

Alissa is the North Mankato Market President and has been with Pioneer Bank for her entire career, offering 17 years of experience in the banking industry including three years as a banking assistant, 11 years as a consumer and mortgage lender and three year in commercial lending. Alissa enjoys working with people and helping them succeed and watch their dreams come true. Meet Alissa

Pioneer Perks Winner

Congratulations to our Pioneer Perks Sweepstakes Winner, John Betz from North Mankato! He is pictured here with Banker, Jamie Reutzel and is the lucky winner of March's prize, AirPods Pro. This is our way of rewarding our customers for banking with us!

Pioneer Bank Receives Outstanding CRA Rating

Pioneer Bank received an Outstanding CRA rating from the Federal Reserve Bank during its last assessment. The CRA, or Community Reinvestment Act, seeks to ensure banks are adequately meeting the needs of the communities they are chartered to do business in. The Outstanding rating is the highest rating that can be assigned during the assessment process.

The Bright Project / Food Shelf Fundraiser

Over the past three months Pioneer Bank's Bright Project has been positively impacting our communities. At Pioneer Bank, our investment in our communities is at the heart of everything we do. Our efforts have included:

January – teams completed service projects for assisted living and nursing homes in their communities
February – collected and donated socks to various organizations (photos below)
March – each market has done something to thank our first responders

In April, Pioneer Bank is pleased to be collecting donations for our community food shelves. Money donations can be made at any Pioneer Bank location via drive up, night drop, US Mail, Bill Pay, phone call or online by clicking HERE.

This initiative is in conjunction with the Watonwan County COVID-19 Food Shelf Fundraiser and also include:
  • Greater Mankato – ECHO Food Shelf
  • Madelia – Madelia Community Food Shelf
  • Mapleton – Loaves and Fishes Food Shelf
  • St. James – Watonwan County Food Shelf
  • St. Peter – St. Peter Area Food Shelf

Thank you for your support. Together we make an impact.
Member FDIC. Equal Housing Lender.
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