Magazine : Archives : 3rd Quarter 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 to...