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Business briefs for Nov. 28

November 28, 2011
Marshall Independent

Hubbard earns CPCU designation

Cory Hubbard, CPCU, API, AIS, has been awarded the professional insurance designation Chartered Property Casualty Underwriter by The Institutes. The Institutes is an educational organization that confers the CPCU designation on persons who complete eight rigorous courses and examinations and meet its ethics and experience requirements. All CPCUs are required to maintain and to improve their professional knowledge, skills, and competence through their commitment to The Institutes' CPCU Code of Professional Conduct.

Hubbard began working for North Star Mutual Insurance of Cottonwood in July of 2004 and has the position of underwriter for the Farm Underwriting Department.

Swenson takes first place in invention contest

Enterprise Institute has announced the winners of the 2011 Whatchamacallit Invention Contest which was Nov. 2 at the Innovation Expo in Sioux Falls, S.D.

The Whatchamacallit Contest is an invention or product/service contest. Contestants presented their invention in a three-minute pitch to the audience and a panel of judges. The judges awarded three cash prizes based on commercial potential, uniqueness, presentation, competition and barriers to entry.

Tim Swenson of Marshall finished in first place. He designed the Action Trackchair, a wheelchair that allows people to get off normal, smooth, hard, flat type surfaces and have the freedom to venture off into new terrain, such as the woods. Swenson received a $1,000 cash prize for his invention.

Bremer Bank promotes Verschaetse, Drake; hires Serreyn

Bremer Bank has announced that Cindy Verschaetse has been named president/market manager for Bremer Bank in Marshall effective Dec. 1. Roger Madison most recently served in this role, but Madison was named Bremer's charter CEO for southwest Minnesota last spring.

Verschaetse has nearly 20 years experience with Bremer serving in several different roles, most recently as the market's senior retail manager. She has been on the bank's leadership team for seven years and recently expanded her role to manage personal bankers in other locations within the Willmar Charter. Prior to joining Bremer, she worked for eight years for the city of Marshall. A native of southwestern Minnesota, Verschaetse is an alumna of Southwest Minnesota State University.

Bremer also announced it has promoted Chad Drake to senior vice president of business banking and hired Randy Serryn to serve as senior vice president of business banking.

Drake has worked at Bremer Bank for 13 years and is a business banking team lead for the Marshall bank. Drank has also been the chairman of the Bremer Ag User Group for the last four years and has served in all aspects of business and agricultural finance and is also a licensed crop insurance specialist. A Tyler native, Drake has a bachelor of science degree in agricultural business from South Dakota State University.

Serreyn most recently worked at Wells Fargo as the community bank manager in Marshall. During his 23 years at first Norwest and then Wells, Serreyn had a variety of positions and started his financial career in the leasing industry with Schwan's Business Credit Leasing of Marshall and Stearns Financial of Albany. A Marshall native, Serreyn graduated from Southwest State University with a bachelor of science degree in business administration and management, along with a second degree in marketing.



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