Range Bank News
July 2021
Range Bank Names New Vice President, Trust and Wealth Management Officer
In her new role, Knaffla will lead Range Bank’s Trust & Wealth Management Services including estate assessment and settlement, trust administration, investment management, traditional and Roth IRA administration, custody services and traditional brokerage services. Knaffla will work hand in hand with Range Bank’s four-person team to meet the needs of individuals, families and business owners in the community. Knaffla will be supported by Danny Dawidowski, who will remain in his role as chief investment officer.
As a practicing elder-law attorney, Knaffla brings 15 years of experience in trust and estate management and a passion for helping families on estate matters and trust administration. Prior to joining Range Bank, Knaffla built expertise in estate planning, elder law and probate at the Wideman Law Center, now known as Filizetti Knaffla, P.C., where she eventually became a partner and then the sole owner. The firm is known for providing focused service in the areas of elder law and estate planning, including wills, trusts, special needs trusts, probate, estate administration, veteran’s benefits and related matters.
“We are incredibly pleased to welcome Amanda to our team,” said Range Bank President and CEO Roxanne Daust. “Her extensive experience in elder law, estate planning and trust management will enable us to better serve our current clients and continue to grow in our community. A true team player, she has a passion to serve – and it shows. Amanda will make a great addition to Range Bank.”
A native of Ovid-Elsie, Michigan, Knaffla began her work in estate planning and elder law while she was still in law school and working downstate at the Wayne County Elder Law and Advocacy Center. She joined a private law practice in Farmington Hills, where she concentrated on trusts, will and long-term planning with her clients.
Since moving to the U.P., Knaffla has been an integral part of the Marquette community. As an active community volunteer, Knaffla serves on the boards of Marquette West Rotary and YMCA of Marquette County, including terms as president for each. She also served on the board of the Upper Great Lakes Family Health Centers.
Knaffla earned a bachelor’s degree in political science from Central Michigan University and a law degree from Ave Maria School of Law. Knaffla is a member of the National Academy of Elder Law Attorneys, State Bar of Michigan and Marquette County Bar Association. She is registered with the U.S. Veterans Administration to assist veterans with the benefits process.
About Range Bank
Range Financial Corp. is the holding company that owns Range Bank which has more than $930 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton and Brown Counties. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call 906.226.1025.
May 2021
Range Bank Announces Jamey Markham's Promotion and Terry Jutila's Retirement
Marquette, MI – Range Bank has announced the promotion of Jamey Markham to Chief Lending Officer following the announcement of Terry Jutila’s retirement.
Starting in early 2020, Jamey Markham began leading the department as Chief Lending Officer. With nearly two decades of experience at Range Bank, Jamey will ensure a smooth and seamless transition.
Markham joined Range Bank in June of 2002. He started his career at Range Bank as a commercial lender and in 2017 he was promoted to Community Bank President of the Copper Country Region. He has been working closely with Terry Jutila over the past 19 years, which has allowed Markham to easily step into his new role as Chief Lending Officer. Markham will serve dual roles, as the Chief Lending Officer and continue in his role as Community Bank President in the Copper Country region.
“We are proud to have Jamey step into the role of Chief Lending Officer”, stated Roxanne Daust, President and Chief Executive Officer of Range Bank. “Terry Jutila and Jamey Markham have worked closely together over the past 19 years and we are confident that Jamey will continue to grow our lending relationships in our communities.”
A graduate of the University of Wisconsin-Madison Graduate School of Banking, Markham holds a Bachelor of Science degree in finance from Michigan Technological University. Jamey serves on the board of the Portage Health Foundation and MTU’s Applied Portfolio Management Program.
Terry Jutila served dual roles as the Chief Lending and Chief Credit Officer, over his 20-year tenure at Range Bank. He has made significant contributions to Range Bank throughout his career. Jutila will continue to support Range Bank through a consulting capacity for a period of time after his retirement.
“Terry has served Range Bank exceptionally well,” said Roxanne Daust, President and CEO at Range Bank. “His steady hand and expansive, knowledgeable approach led to continual growth of our lending relationships and portfolio. On behalf of Range Bank, we wish him all the best in his retirement.”
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $930 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
March 2021
Range Bank Announces Employee Promotions
Michele Kontio, Vice President, Trust Officer
Michele Kontio was promoted to Vice President, Trust Officer. Michele began her career at Range Bank in 2012. She helped launch the Trust & Wealth Management Department at Range Bank. Her commitment to her customers and Range Bank, along with her 33 years of banking experience have played important roles growing the department. Michele is the treasurer of Negaunee Irontown and is a trustee of the Negaunee VFW Auxiliary. Michele lives in Negaunee with her husband, Jeff.
Tim Shandonay, Information Security and Technology Officer
Tim Shandonay was promoted to Information Security and Technology Officer. Tim joined Range Bank in 2017. He holds a bachelor’s degree from Northern Michigan University in Computer Information Systems and has over 22 years’ experience working with computer information systems. Tim volunteers with the UP200 race and is an ultramarathon runner. He lives in Marquette with his wife, Karla, and their two daughters.
Kimberly Wetton, Compliance Officer
Kimberly Wetton was promoted to Compliance Officer. Kimberly began her career at Range Bank in 2016, and has made significant contributions to Range Bank during her time at the bank. Kimberly holds an associates’ degree from Henry Ford Community College and has over 25 years’ experience as a paralegal. Kimberly is a board member of the Fred Waara Chapter of Trout Unlimited. She resides in Negaunee with her husband, Randy.
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $930 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
March 2020
Range Bank Announces Employee Promotions
Sally Shaver, Senior Vice President, Mortgage Underwriting
Sally Shaver was promoted to Senior Vice President, Mortgage Underwriting. Sally began her career at Range Bank in 2007, and has made a significant contribution to the Home Mortgage Services department during her time at her bank. Sally holds both a bachelor’s and master’s degree from Northern Michigan University. She is on the Board of Directors for both the Rotary Club of Marquette and Habitat for Humanity of Marquette County. She was recently awarded the Habitat for Humanity of Marquette County’s volunteer of the year for her many contributions and dedication to Habitat for Humanity. She lives in Marquette with her husband.
Rachel Simonsen, Vice President, Branch Administration
Rachel Simonsen was promoted to Vice President, Branch Administration. Rachel started as a Management Trainee ten years ago and has had several positions within the bank prior to moving to branch administration. Rachel plays a significant role as part of the Leadership Team and has contributed to many positive changes within Range Bank. Rachel is a graduate of Northern Michigan University with a concentration in business management. She is a volunteer t-ball coach for the Negaunee Little League. Rachel is a Negaunee native, and currently resides in Negaunee Township with her husband and two daughters.
Lucy Grove, Vice President, Human Resources Officer
Lucy Grove was promoted to Vice President, Human Resources. Lucy began her career at Range Bank two years ago and plays an important role in making Range Bank a great place to work. Lucy also contributes as part of the Range Bank Leadership Team. She holds a bachelor’s degree in business from Roosevelt University in Chicago and has over 25 years of experience in Human Resources. Lucy is on the Board for the Women’s Center in Marquette and is the President of Marquette West Rotary. She resides in Marquette with her husband.
Kim Kaura, Assistant Vice President, Loan Officer
Kim Kaura was promoted to Assistant Vice President, Loan Officer in the Copper Country Region. Kim had her twentieth anniversary with Range Bank in February 2020. Kim has developed into one of the premier lenders in the bank and market and has played a major role in the growth within the Copper Country market. She serves on the board of directors for both the Keweenaw Random Acts of Community Kindness and Kiwanis Club of the Copper Country. She is also the Reading is Fundamental coordinator for Kiwanis. She resides in Allouez with her husband and has two sons, a grandson and a step-granddaughter.
Chris Gobert, Assistant Vice President, Loan Officer
Chris Gobert was promoted to Assistant Vice President, Loan Officer in the Marquette County Region. Chris has been with Range Bank for ten years. He consistently produces a high mortgage volume, and does a great job taking care of his customers and promoting Range Bank within the community. Chris is a graduate from Northern Michigan University with a concentration in Managerial Finance. He is a volunteer coach for the 10U Range Bank hockey team and is also on the Northern Michigan University Athletic Council. He resides in Marquette with his wife and children.
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $811 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
December 2019
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $774 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
November 2019
Range Bank Welcomes Stacey Sedar as Mortgage Loan Officer
Houghton, MI: Range Bank is pleased to announce the addition of Stacey Sedar as a Mortgage Loan Officer in the Copper Country.
“We are excited to have Stacey join us as a Mortgage Loan Officer,” stated Jamey Markham, Community Bank President. “We are always seeking to add strong professionals with unique skill sets to our talented staff. We feel Stacey will be a great addition to our lending team as we continue to move towards our goal of being the bank of choice in the communities we serve.”
Born and raised in the Copper Country, Sedar is a graduate of NMU with a Bachelor of Science degree in Accounting. She has previous experience working for Michigan Technological University in the finance and accounting administration and has previously worked at Range Bank as a Customer Service Manager in the Lake Linden office.
Within the community, Sedar is active with her children’s athletic teams, coaching their basketball, football, softball and volleyball teams. She is also on the school board for Lake Linden-Hubbell Public Schools, along with being a former board member of the Foundation Board for the Lake Linden-Hubbell Public Schools. She also is the treasurer for the MTU Preschool.
Stacey Sedar is assisting home lending customers at the Range Bank Houghton Office. She can be reached at (906) 226-1013 or ssedar@rangebank.com. NMLS#1066679
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $774 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
September 2019
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $774 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
June 2019
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $774 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
March 2019
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
More about Range Bank
Range Financial Corporation is the holding company that owns Range Bank, which has over $774 million in assets under management and serves its customers through branch offices in Marquette, Dickinson, Houghton Counties in Michigan and in Brown County, Wisconsin. Range Bank is a full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well-known financial institutions. To learn more about Range Bank, visit RangeBank.com or call (906) 226-1025.
December 2018
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Bank currently manages over $782 million in assets and services customers through 12 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full-service bank with over 130 years in business, the bank services business, consumer and trust and investment customers. For more information, visit www.RangeBank.com.
September 2018
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Bank currently manages over $771 million in assets and services customers through 12 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full-service bank with over 130 years in business, the bank services business, consumer and trust and investment customers. For more information, visit www.RangeBank.com.
June 2018
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Bank currently manages over $757 million in assets and services customers through 12 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full service bank with over 130 years in business, the bank services business, consumer, trust and investment customers. For more information, visit www.RangeBank.com.
March 2018
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
December 2017
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
October 2017
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Bank currently manages over $723 million in assets and services customers through 12 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full service bank with over 130 years in business, the bank services business, consumer and trust and investment customers. For more information, visit www.RangeBank.com.
September 2017
RANGE BANK ANNOUNCES LEADERSHIP TRANSITION
Roxanne M. Daust Will Succeed Longtime CEO Kenneth A. Palmer, Who Will Retire in 2018
For Immediate Release: Kenneth A. Palmer, the longtime chairman, president and CEO of Range Financial Corp. has announced he will retire on June 1, 2018. He will be succeeded by Roxanne M. Daust, who has served Range Bank in several leadership roles over the past two decades.
“Ken has served Range Bank exceptionally well since joining us in 1998,” said Dr. John F. Pillote, lead independent director. “His steady hand and conservative approach allowed us to weather the Great Recession much better than our competitors. In fact, we were one of the only banks in Michigan that continued to grow during the downturn.
“Ken understands the key role that community banks play in the financial health and long-term success of the communities where we live and work. On behalf of the entire board of directors, along with our shareholders and employees, we wish him all the best in his retirement.”
Palmer joined Range Financial, the holding company for Range Bank, as its chairman, president and CEO in 1999. He is the seventh president in the bank’s history since its founding in 1887. Key achievements under his leadership include:
Throughout his tenure with the bank, Palmer has served in numerous leadership roles in the community, including on the boards of Michigan Association of Community Bankers, Marinette and Menominee Hospital, Northern Michigan University Development Fund, Lake Superior Community Partnership and the Marquette County Ambassadors, among others. He is a past president of the Menominee Lions Club and a past chair of the Michigan Catholic Conference Pension Board.
Prior to joining Range Bank, Palmer held positions with First of America Bank and Associates Finance.
“It has been a privilege to lead Range Bank for nearly two decades,” Palmer said. “I am very proud of what my team and I have been able to accomplish for our stakeholders during this time.
“Roxanne has played a key role in Range Bank’s success. Her vision, expertise and track record make her a natural choice as my successor, and she has my full support, along with the support of the board.”
Daust joined Range Bank in 1997 as chief financial officer and senior vice president. In these roles, she was responsible for the finance and operations areas of corporate and the bank, leading Range Bank in identifying and implementing new technologies. Daust played a key role in the First National Bank merger, consolidating backroom functions to successfully merge the two banks into a single entity.
She was promoted to executive vice president in 2011. In this role, she has been jointly responsible with Palmer for the day-to-day operations of the bank and has worked to grow assets under management. Daust has led the development and implementation of a strategic corporate plan and successfully helped to launch the trust & wealth management division.“Ken has done an exceptional job leading Range Bank, and it has been an honor working with him,” Daust said. “He embodies the true spirit of community banking, which always strives to put the community first.
“I am honored to be selected to succeed Ken. We have been a great team, and I look forward to continuing to build on our accomplishments well into the future.”
Active professionally and within the community, she serves on numerous boards and committees, including Teaching Family Homes, Operation Action U.P., UPPCO and Lake Superior Community Partnership, where she serves as treasurer. She is a past president of the Marquette Area Zonta Club and past Group 1 president of the Michigan Bankers Association. She also serves on the dean advisory council for Northern Michigan University’s School of Business.
Daust began her banking career with MFC First National Bank in Marquette. She also served as an auditor with Anderson, Tackman & Company CPA in Marquette.
A graduate of the University of Wisconsin-Madison Graduate School of Banking, Daust holds a Bachelor of Science degree in computer information systems and accounting from Northern Michigan University. She can be reached by phone at (906) 228-8043 or at the Range Bank headquarters located at 100 North Front Street in downtown Marquette.
More about Range Bank
June 2017
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For Immediate Release: Marquette, MI: Range Financial Corporation, the holding company for Range Bank N.A., declared a quarterly cash dividend of $1.30 per share payable on June 15, 2017 to the shareholders of record on June 1, 2017. “This is the second cash dividend declared this year” said Kenneth Palmer, President. “We continue to be pleased with our financial performance and expect to continue on our path of outstanding financial performance during the second half of 2017.”
Range Bank currently manages over $720 million in assets and services customers through 13 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full service bank with over 130 years in business, the bank services business, consumer and trust and investment customers. For more information, visit www.RangeBank.com.
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March 2017
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Bank currently manages over $711 million in assets and services customers through 13 offices located in Marquette, Dickinson and Houghton Counties and Green Bay, Wisconsin. As a full service bank with over 130 years in business, the bank services business, consumer and trust and investment customers. For more information, visit www.RangeBank.com.
December 2016
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
September 2016
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For more information, visit www.RangeBank.com. About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $666 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well known financial institutions.
June 2016
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For more information, visit www.RangeBank.com. About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $656 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties as well as a loan services office in Green Bay, Wisconsin. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region's most stable and well known financial institutions.
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March 2016
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For Immediate Release: Marquette, MI: Range Financial Corporation, the holding company for Range Bank. N.A., declared a quarterly cash dividend of $1.30 per share payable on March 15, 2016 to the shareholders of record on March 1, 2016. “This is the first cash dividend declared this year,” said Kenneth Palmer, President. “We are pleased with our strong financial start to 2016 and we expect to continue on our path of outstanding financial performance throughout the year.”
For more information, visit www.RangeBank.com.
About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $653 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well known financial institutions.
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December 2015
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For more information, visit www.RangeBank.com.
About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $655 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region’s most stable and well known financial institutions.
September 2015
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For more information, visit www.RangeBank.com. About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $625 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the regions most stable and well known financial institutions.
June 2015
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For Immediate Release: Marquette, MI: Range Financial Corporation declared a quarterly cash dividend of $1.20 per share payable on June 15, 2015 to the shareholders of record on June 1, 2015. “This is the second cash dividend declared this year,” said Kenneth Palmer, President and CEO. “We are pleased with our strong financial start to 2015 and we expect to continue on our path of outstanding financial performance throughout the year.”
For more information, visit www.RangeBank.com.
About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $617 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region's most stable and well known financial institutions.
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March 2015
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
For more information, visit www.RangeBank.com. About Range Bank
Range Financial Corporation is the holding company that owns Range Bank which has over $624 million in assets under management and serves its customers through twelve offices in Marquette, Dickinson and Houghton Counties. Range Bank is a premier full-service bank and a leader in providing financial solutions to consumers, small businesses, and commercial clients. Helping individuals and families throughout the area, the Bank has grown into one of the region's most stable and well known financial institutions.