Peter Guggisberg promoted at Bank Midwest

NEW ULM – Bank Midwest announces Peter Guggisberg’s promotion to Market Leader in New Ulm.

Guggisberg has been with Bank Midwest since the New Ulm branch opened in 2005 and brings 14 years of financial industry experience. He previously worked in Ag and Commercial lending and will use his background in helping to deliver a great experience to Bank Midwest’s customers.

In his new position, Guggisberg will work directly with the New Ulm team to develop and implement solutions to better serve the needs of the bank’s customers and employees.

“Peter’s experience and expertise will help improve the customer borrowing experience at Bank Midwest,” said bank chairman and CEO Steve Goodenow.

Guggisberg graduated from University of Minnesota Duluth with a Bachelor’s degree in Business Administration. He is currently a member of the Sertoma Club of New Ulm, the New Ulm Jaycees and the New Ulm Club. Guggisberg also serves on the board of directors for the Kids Excel Center, the New Ulm EDA and the New Ulm EDC.

Bank Midwest is an employee-owned organization. It has assets of $701 million, and is a full-service bank offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services.

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