Glenwood State Bank announced last Thursday that Peter Nelson is stepping down as President and that Kari Nelson has been appointed the new Interim President.

 Peter Nelson is resigning from his position to pursue an opportunity with the Independent Community Bankers of America (ICBA), where he will advocate for the interests of community banks on a national level it was stated. His last day as President at Glenwood State Bank will be Friday, February 7, though he will continue to serve on the Board of Directors and act as an advisor.

 Peter Nelson has been with the bank for 28 years and served as President for the past 19 years. His leadership has guided the bank through various economic challenges and technology developments, resulting in expanded services and a deeper commitment to community engagement and customer service, it was stated in the announcement.  

 “I am incredibly grateful for my time as President at Glenwood State Bank. This experience has ignited a passion within me for the critical role community banks play in the success of our nation,” stated Peter Nelson. “Community banks not only drive economic growth but also nurture the vitality of our communities. I look forward to sharing this important message on a national stage with ICBA.”

 ICBA is dedicated to supporting and representing community banks across the nation, ensuring they have a strong voice in legislative matters and creating sustainability for the industry, as a whole. Peter’s extensive experience and commitment to the banking community will be valuable assets in his new role, it was stated.

 The Board of Directors expressed full confidence in Kari Nelson’s ability to lead Glenwood State Bank into its next phase. “We are excited to have Kari step up as our new Interim President,” said Dennis Martinson, Past President and Chairman of the Board. “Her extensive knowledge of the bank and unwavering commitment to our purpose make her an ideal choice to continue our legacy.”

 For more information about Glenwood State Bank, please visit [www.glenwoodstate.bank](http://www.glenwoodstate.bank).

 For more information about the Independent Community Bankers of America (ICBA), visit [www.icba.org] (https://www.icba.org/about).