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Michael McAlpine

Wealth Management Group President at Peoples Bank

Michael McAlpine has a strong background in the financial industry, with over 30 years of experience. Michael began their career at State Bank & Trust Company as a Trust Officer, where they focused on account and asset administration and worked with investment representatives across multiple states. Michael then moved on to First Federal Savings and Loan of Storm Lake, Iowa, where they served as a Senior Trust Officer and was responsible for managing the Trust Department and overseeing operations, compliance, and investment management. After that, they joined First National Bank in Pipestone, Minnesota as a Senior Vice President, where they managed the trust and investment departments and played a key role in new business development and the creation of various programs. Following this, they established their own company, Stannard Financial Services, LLC, a broker-dealer focused on providing investment products and services to clients in rural communities. Finally, they joined Peoples Bank, IA & MN as the Wealth Management Group President, where they were responsible for the overall management of the Wealth Management Group, including trust department, investment and brokerage, and outsourcing services. Throughout their career, Michael has demonstrated expertise in areas such as new business development, compliance, risk management, tax, and budgeting, and has consistently delivered excellence in client service and financial management.

Michael McAlpine has a Master of Business Administration (M.B.A.) degree in Finance and Management from The University of Montana - College of Business, which they obtained from 1982 to 1984. Prior to that, they completed their Bachelor's degree in Psychology and Social Work at the University of South Dakota from 1977 to 1981. In addition to their formal education, Michael McAlpine also holds certifications as a Certified IRA Service Professional and a Certified Trust and Financial Adviser, though details such as the institution and year of obtaining these certifications are not provided.

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