January 25, 2024


Business Banking

Nikoli Saehr Named Treasury Management Manager

Nikoli Saehr Named Treasury Management Manager

Waite Park, MN — Deerwood Bank announced that it has recently named Nikoli Saehr as Treasury Management Manager for all twelve of its locations.

Saehr comes to Deerwood with more than 20 years of experience in corporate, commercial and community banking. Passionate about community values, Saehr excels in building client relationships and offering tailored services with treasury management and payment solutions to a variety of business industries. As a former small business owner and manager, she is well-versed in navigating the challenges of entrepreneurship and business growth.

In her new role at Deerwood Bank, Saehr is looking forward to assisting Minnesota businesses with their cash management and payment services. She is excited to partner up with the diverse group of clients that make up Deerwood Bank’s large customer base throughout Minnesota.

“I am really looking forward to getting to know the Deerwood Bank team and the communities that we serve.,” stated Saehr. “With the wide footprint that Deerwood Bank has in Minnesota, there is so much opportunity to support local business growth. I am extremely excited to get to know the customers and employees who have contributed to the growth of this bank throughout its 100+ year history.”

In her new position, Saehr will be managing a team of Treasury Management experts that will be working with local businesses to identify and serve their cash management and payment needs.

“We couldn’t be more pleased to be adding Nikoli to our team here at Deerwood Bank. With her extensive background in cash management, she will be an integral part of our Treasury Management team for years to come. We are all extremely excited to get her working with our team members and clients.,” said Deerwood Bank President/CEO, John Ohlin.

Deerwood Bank has 12 offices throughout central and northern Minnesota—including Waite Park, Sartell, Baxter, Grand Rapids – and the Twin Cities. They were recently named by the Minneapolis – Saint Paul Business Journal as an honoree for Best Places to Work in Minnesota.

Jed Rusk Named as Director of Marketing and Communications

Jed Rusk

Office: 218.316.3539
Email: jed.rusk@deerwoodbank.com

Jed Rusk is the Director of Marketing and Communications at Deerwood Bank. He graduated from the University of Wisconsin – Stout with a Bachelor’s Degree in Business Marketing and Advertising. Jed handles all of Deerwood Bank’s business-related content, including press releases and community announcements.  When Jed gets a free moment, he enjoys spending time with his wife, Rachel, and their Golden Retriever, Leo. If Jed isn’t around the bank, you can probably find him at the local hockey arena or out on the golf course.

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