Bell Bank has hired Steve Flaten, who held a longtime role with the FDIC’s regional office in Minneapolis, as senior vice president/credit risk and regulatory affairs. In his role, Steve serves as a liaison with all bank regulatory agencies and helps Bell with credit risk identification, measurement, and monitoring policies and practices. Steve offices at Bell Bank in Maple Grove, Minn., and works across Bell’s divisions and regions.
“We’re very excited to have a person of Steve’s caliber and experience join us to establish this new role at Bell,” said Michael Solberg, Bell Bank’s president and CEO. “His years of experience in working with banks through the FDIC give him great insights and vast knowledge that will help us navigate the regulatory environment as we continue our rapid growth.”
Originally from Hatton, N.D., Steve earned a degree in banking and finance from the University of North Dakota and is a graduate of the University of Wisconsin’s Graduate School of Banking. He recently retired from the Federal Deposit Insurance Corporation (FDIC) after a 33-year career. He and his wife live in St. Michael, Minn., and have 2 daughters.