Dale K. Stauffenecker
Buffalo,MN
Summary
I have served as a leader guiding multiple loan teams as well as junior lenders on how to drive portfolio growth, create cash flows, relationship build, and forecast/trend setting to reach maximum efficiency and profitability yield for lending institutions. Results oriented with a proven track record of improving the market position of a financial institution while managing relationships with employees, customers and city and county governments to ensure timely and efficient process in financial dealings. Multi-talent background that includes expertise in delegating tasks to subordinates along with understanding finance (GAAP, IFRS) and comprehending financial statements and the conceptual framework behind them. Worked with many software programs including Microsoft Excel, QuickBooks, NetSuite, Episys, Synergy, and nCino etc.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Commercial Banking Officer III
Magnifi Financial
Maple Grove, MN
02.2025 - Current
- Worked with members from $500M to $20MM in assessing creditworthiness and risk factors for approval decisions.
- Streamlined operational processes to improve efficiency in transaction handling and service delivery.
- Analyzed financial data to identify trends, maximizing returns for Magnifi with a blend of understanding our cost of funds versus the overall 5 & 10 year treasury market
- Analyzed market trends to inform strategic decision-making related to product offerings and pricing strategies
- Facilitated customer account management and transactions, ensuring compliance with banking regulations. Including position as lead CBO for Cannabis program implementation
Vice President- Commercial Loan Officer
Premier Bank Minnesota
Albertville/Monticello, MN
04.2023 - Current
- Managed loan administrators in multiple branches along with training in a junior lender in Albertville location
- Audited customers internally prepared financial statements while underwriting commercial loan requests under $1MM
- Strategic growth of $50MM loan portfolio leading to 5% growth year-over-year with direct reporting to CEO of Premier Bank Minnesota
- Provided insight for clients relating to forecasting future financial periods to maintain proper internal controls for company and bank relating to debt service coverage, debt-to-equity etc.
Vice President- Business Officer
Border Bank
Greenbush, MN
02.2019 - 04.2023
- Growth of $20MM loan portfolio in a saturated market and during the COVID-19 pandemic by 9% through a four-year period
- Managed loan operations team members on site to ensure compliance, cash flow and loan underwriting requirements were up to standard
- Exceeded goals for return on average assets (ROA), fee income, and delinquency rate each year at bank.
- Member of bank finance team to ensure long-term debt risk was acceptable for bank while reviewing financials of bank with finance team on quarterly basis
Finance & Extension Office Manager
Pennington County
Thief River Falls, MN
09.2017 - 02.2019
- Reconciled general ledger accounts for reporting to Pennington County via QuickBooks and Excel
- Collaborated with other department heads to review fiscal year 2018 and work to improve budgeting process and outline needed variance improvements in fiscal year 2019 master budget
- Presided over two department employees to ensure everyday tasks were completed on time and correctly
- Used an array of governmental accounting techniques to coincide with government-wide financial reporting process
Financial Analyst
Southern Glazers Wine & Spirits
Fargo, ND
01.2016 - 08.2017
- Created and distributed Excel reports for case breakdowns, key accounts, margins per case etc.
- Worked with multi-step income statements to identify potential areas to improve profitability and solvency of the Fargo, ND location
- Problem solved issues by utilizing software to create new reports that would be helpful in understanding large data sets of information by creating pivot tables and flow charts in Excel
Education
Master of Business Administration (MBA) -
Saint Mary's University of MN
01-2021
B.A - Business Economics
Saint Cloud State University
01-2014
Skills
- Leadership
- Strategic Thinking
- Adaptability
- Compliance Expert
- Financial Reporting
- Cash Flow Management
- Problem Solving
- Positivity
- Active Listening
- Portfolio management
Certification
- CPA - Certified Public Accountant. (testing in process)
Timeline
Commercial Banking Officer III
Magnifi Financial
02.2025 - Current
Vice President- Commercial Loan Officer
Premier Bank Minnesota
04.2023 - Current
Vice President- Business Officer
Border Bank
02.2019 - 04.2023
Finance & Extension Office Manager
Pennington County
09.2017 - 02.2019
Financial Analyst
Southern Glazers Wine & Spirits
01.2016 - 08.2017
B.A - Business Economics
Saint Cloud State University
Master of Business Administration (MBA) -
Saint Mary's University of MN
CAREER HIGHLIGHTS
- Team lead for all 18 CBO's at Magnifi Financial implementing the Cannabis banking program including deposits and lending
- Highlight: Strategic thinking during COVID-19 pandemic to achieve maximum efficiency with loan volume and 150+ PPP loans
- Highlight: Adapted too multiple software changes while still growing loan portfolio and keeping efficient workflow