Rochelle Dotzenrod

Rochelle Dotzenrod

SVP/Commercial Real Estate Banker - LIHTC

What I appreciate most about Bell Bank is the company’s interest in expanding our work in affordable housing lending. I have worked in the affordable housing sector for the last 12 years, including at U.S. Bank and Wells Fargo. At Bell, I focus on low income housing tax credit financing, originating loans for developers who build apartments and other multifamily housing units that ultimately lease to people who qualify for affordable housing.

What I love about banking is that you build and maintain relationships with people who trust that the product you are “selling” will help them achieve their goals. It is easier to sell something when you can genuinely get behind the company offering it. I love that my work in affordable housing dovetails with Bell’s mission of making our communities better and stronger. Affordable housing is an industry I am committed to working in, and I can be proud when I tell my children what I do.

Growing up in the small town of Calmar, Iowa, I went on to study finance, real estate and international business at the University of Northern Iowa. I worked at Principal Financial Group following graduation. After moving to the Twin Cities area, I worked in commercial banking for Wells Fargo and U.S. Bank for more than 15 years, before leaving to work in consulting.

Outside of work, I also focus on community development. I’m meeting with a group of women who work on affordable housing in Minnesota to figure out how to help more women become involved in affordable housing ownership. I also serve on the Real Estate Advisory Board for my alma matter’s real estate program, and I formed an organization called Healthy Foods and Healthy Habits for Wayzata Schools to advocate for healthier nutrition for children as well as their physical and mental health.

My husband, Jacob, and I live in Plymouth, Minn., and have 2 children.