07/13/2022

Making Hay

The first thing that catches the eye driving into Granite Falls on an overcast late-May afternoon is the swollen Minnesota River. Heavy rains have turned the waterway into a raging torrent, overflowing its banks as dozens of pelicans seeking a meal below the town’s namesake falls struggle for control against the current. Sitting in a ground-level boardroom at FM Bank’s main office along Prentice Street, a block up from the waterway, Steve Lindholm, the $474 million bank’s good-natured owner and CEO, seems frustrated. The recent onslaught of rain is challenging many of his southwestern Minnesota farmer clients, leaving them unable…

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WRITTEN BY

John Engen

Contributing Writer

John Engen is a contributing writer for Bank Director. He has more than 30 years of experience as a business journalist, writing for a variety of newspapers and magazines, and was a foreign correspondent for the Associated Press. He graduated with a degree in economics and international relations from the University of Minnesota and did his post-graduate work in Asian studies at the University of Hawai’i.

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