Bell Bank Continues Expansion of Commercial Banking Team in Twin Cities


Privately Owned Bank Paves Way for Additional Market Growth with New Hires, Promotions

MINNEAPOLIS (October 12, 2021) – Bell Bank, one of the nation’s largest and fastest growing family- and employee-owned banks, continues to expand its commercial banking team, hiring new talent and promoting the “next generation” of commercial banking and market leaders as part of the company’s ongoing growth in the greater Twin Cities market.

Most recently, Bell promoted Jon Aase to senior vice president/Twin Cities commercial banking manager. Bell also promoted Hailey Margetta and hired Rob Deuth as senior vice presidents/Twin Cities commercial banking team leads, joining Aase in these key roles. Margetta and Deuth lead teams of commercial and industrial (C&I) bankers focused on building relationships with lower middle-market business customers throughout the region. Along with Aase, they office at Bell Plaza in Bloomington. With this expansion, Bell has also hired Keith Crep as senior vice president/commercial banker in Woodbury, Kevin Baur as senior vice president/commercial banker in Bloomington, and Tim O’Callaghan as vice president/commercial portfolio manager in Bloomington.

Erin Procko, president of Bell Bank – Minneapolis and Twin Cities banking director for Bell, said these promotions and hires add even greater depth of experience and leadership to a strong commercial banking team.

“All of them are talented bankers and exceptional people,” said Procko. “They are viewed as leaders among their colleagues and customers, and they will be a terrific fit within Bell Bank’s culture.  It is exciting to hire and promote such high quality people at this critical stage in our life cycle.”

About the Bankers

Aase is originally from Rosemount, Minn., and graduated from Minnesota State University – Mankato. He has worked in consumer and commercial banking, including both SBA and C&I lending, since 2002 and held positions at Wells Fargo and Associated Bank prior to joining Bell in 2016. He and his wife have two sons and live in Lakeville.

Originally from Milwaukee, Margetta graduated from the University of Wisconsin – Whitewater. She began her career as an analyst with JPMorgan Chase, transitioning to developing business and managing a $500 commercial loan portfolio. She joined Bell Bank in 2018 and the following year was named a Rising Young Professional by Finance & Commerce. Margetta lives in Eagan.

Deuth hails from Northfield, Minn., and is a graduate of St. Olaf College as well as the Graduate School of Banking in Colorado. He has almost 20 years of experience in commercial banking, with a focus on C&I lending. Prior to joining Bell, Deuth worked as a commercial lender at Old National Bank. He lives in Shakopee with his wife and three children.

A native of Hoyt Lakes, Minn., Crep graduated from the University of Minnesota – Duluth and holds an MBA from the University of St. Thomas. He worked for more than a decade in the mortgage industry before transitioning to commercial lending in 2008. Prior to joining Bell, Crep worked as a commercial banker at Old National Bank, where he was selected as an Emerging Leader. He and his wife live in Mahtomedi and have three children.

Baur is from Apple Valley, Minn., and graduated from Minnesota State University Mankato with a finance degree. He has more than 15 years of experience in commercial banking and C&I lending, most recently at Old National Bank. He and his wife live in Lakeville and have three children.

O’Callaghan is originally from Michigan and a graduate of Eastern Michigan University, with an MBA from Wayne State University. He has spent the past 19 years at JPMorgan Chase, including roles as a senior commercial underwriter, commercial banker and credit analyst. He lives in Edina.

About Bell Bank

Founded in 1966 in Fargo, N.D., Bell Bank is one of the nation’s largest and fastest growing independent, family- and employee-owned banks, with full-service banking locations in Minnesota, North Dakota and Arizona and more than $10 billion in assets. The company provides a broad range of financial services, including personal and commercial banking, wealth management, mortgage and insurance. Since 2008, Bell’s unique Pay It Forward initiative has empowered more than $18 million in employee giving to individuals, families and organizations in need.