Dan Doeden Joins Border Bank’s Business Team as New CBO, Kory Shae Promoted to President
Border Bank CEO David Felch announced Dan Doeden has joined the team at Border Bank. Doeden will serve as the bank’s Chief Banking Officer and provide business development leadership for Border Bank’s eleven branches throughout North Dakota and Minnesota.
Doeden will replace current Chief Banking Officer Kory Shae, who is being promoted to President of Border Bank.
Doeden earned a Bachelor of Science Degree in Business Administration from the University of Wyoming. He brings significant experience to Border Bank, including eighteen years in the residential real estate industry in Fargo and Grand Forks, and over eight years in the commercial industry while serving as Fargo Market Predsident for Alerus.
“We are pleased to have Dan join our team. He is well known and respected in the financial services industry and will be instrumental in the Bank’s overall strategic development plan,” said Felch.
“I chose Border for a variety of reasons, including its proven history dating back to 1935, the impressive community banking employee culture, track record of successful financial results, local decision-making, and the strong commitment to the customers and communities they serve. I am excited and grateful to join the Border Bank family and look forward to collaborating with the team and our clients to foster continued growth in our markets,” said Doeden.
Border Bank was established in 1935 and has two branches in Fargo, and nine branches throughout Minnesota, including Coon Rapids, Greenbush, Thief River Falls, Middle River, Badger, Roseau, Baudette, International Falls and Clearbrook.
Border Bank’s Market President Jordan Cook is also thrilled to have Doeden on the team, and is confident that his experience and knowledge is going to help drive Border Bank to the next level.
“Dan has an exceptional reputation that has been a market leader for a number of years,” Cook said. “My favorite aspect of my job is the team we have assembled, and adding Dan makes us that much stronger. I am really looking forward to the opportunities he will bring forth as we begin to work together.” Doeden’s former role with Alerus was the same position Cook currently has with Border Bank as Market President, so Cook is confident in Doeden’s knowledge base and will look to him for growth opportunities and advice as he continues his career.
“Dan brings a level of knowledge and experience to banking that is very difficult to replicate, that alone is great,” Border Bank, President, Kory Shae said. “But, in his career, Dan has always had a focus on people, teammates, clients, and all the people he comes in contact with. This focus on our clients and leadership is not only valuable, its fun to be around!”
Kory Shae moves up as Border Bank’s President
Shae is excited about this new opportunity in being Border’s new president—after all, this is an entirely new position to Border. Although he is excited about all the opportunities to better serve bank clients, Shae is most excited about being able to work more closely with the Border team every day. “I always joke I have the best job at the bank!” Shae laughed. “I still get to work with clients in a team atmosphere and be active in our communities, while at the same time, work with our leadership team and market leaders in strategy and running the bank. Working with the best team I can imagine is a true honor.”
One thing Shae says customers can look forward to this year is continued presence. “I have a ‘thing’ about being present; present for our clients, and present for each other,” he said. “Boring old banking is making some news, yet community banks in our area continue to strive. We do because we are present. We show up, we innovate, and we appreciate. Just like our clients, community banks are present in our communities, there when you need us to serve you.”
We truly have a team approach—each of us brings a lot of experience and a unique skill set to the team that allows us to do what we do best. In addition, we are able to move quickly and make decisions locally, which allows us quicker turnaround times for our clients.Shannon Bergee, Business Banking Associate