New board members to join Des Moines Home Loan Bank

The Federal Home Loan Bank of Des Moines elected three bankers to join its 18-member board of directors on Jan. 1. Also, one board member was re-elected. Each director will serve a three-year term.

New to the board are D.R. Landwehr, chairman, president and CEO of Community Bank of Missouri

Landwehr has more than 30 years of experience in the banking industry. He began his career in the mid-Missouri area after graduating from Central Missouri State University in Warrensburg with a bachelor of science degree in accounting. He was a CEO for three Missouri banks before joining Condon National Bank in Coffeyville, Kan., in 1993. In 1999, Landwehr organized Community Bank of Missouri, a de nova bank that opened in May 2001.

Lensing began his banking career in 1954 at State Bank of Lawler, Iowa, his hometown bank. He later worked as a bank examiner for the Iowa Division of Banking for 10 years before joining Farmers State Bank in Marion, Iowa. In 1999, after 34 years of service, Lensing retired as president and CEO. Lensing now owns and also serves as president and CEO of Security State Bank as well as Maynard Savings Bank in Maynard, Iowa, and Citizens Savings Bank in Hawkeye Iowa.

Schneider has more than 30 years of experience in the banking industry. He began his career in 1971 as branch manager for Farm Credit System/PCA covering Mitchell and Huron, S.D. Since then, he has served as president, CEO, chairman and regional manger of Marquette Bank in Huron. With his current position, Schneider is responsible for the overall management of six American Bank & Trust offices located Alpena, Huron, Mellette, Miller, Wessington Springs and Wolsey, S.D.

Ahlemeyer began his banking career in 1962. Ahlemeyer previously served as president of two banks in Missouri: 1st National Bank of Carrollton and Commerce Warren County Bank. In 1987, he became president, CEO and chairman of Community Bank of Pettis County. He also serves on the bank's board. Ahlemeyer was first elected to the FHLB-Des Moines board in January 1998.

Roundbank of Waseca, Minn., has named Larry Thompson president effective January 1. He will succeed Neil Fruechte who has been president since 1985. Thompson joined the bank in 1983 as a loan representative. During the past 20 years he has received several promotions through various levels of responsibility to his current position of senior vice president-credit. Fruechte will continue to be responsible for managing the investment portfolio and will retain his position on the board. Thompson has a bachelor's degree from Concordia College in St. Paul, Minn. Earlier this year, he obtained a masters degree of business administration in bank management from Fairfield University, Fairfield, Conn.

Tim Meyer has been hired as vice president in lending at Shelby County State Bank in Harlan, Iowa. Meyer has spent the past 14 years working as a loan officer in Holstein - nine years at American National Bank and prior to that, five years for Heritage Bank. Meyer's responsibilities at SCSB will be as an agricultural and commercial loan officer at the downtown Harlan office.