Peters Hired to Lead Commercial Real Estate Banking at Bell Bank


New Roles Pave Way for Additional Market Growth

Damon Peters

Bloomington, MN (August 20, 2021) – Damon Peters has been hired as senior vice president/commercial real estate manager at Bell Bank as the company – one of the nation’s largest family- and employee-owned banks – continues to expand in the Twin Cities and the region. Peters offices at Bell Plaza in Bloomington.

With more than 30 years of experience in banking and finance, Peters is an integral leader for Bell’s continued expansion of commercial real estate lending in the Twin Cities Region, guiding his team in finding lending solutions for clients’ real estate projects.

“Having gone through a number of mergers and acquisitions in the Twin Cities market, I’m happy to be at a bank that’s not for sale,” Peters said. “Bell’s culture and entrepreneurial approach allows our team to come up with creative solutions that fit the customer’s goals, rather than preset parameters.”

Erin Procko, president and banking director of Bell Bank – Twin Cities, said Peters brings an impressive resume and experience to his role at Bell.

“Damon will be able to dive right in with our experienced and diverse team,” said Procko. “He is also working closely with Gabe Philibert, who previously led our CRE efforts in the Twin Cities and has now taken on a new leadership role in business development for Bell’s CRE team, to continue to expand new and existing client relationships in the region.”

Originally from Curwensville, Pa., Peters graduated from Clarion University of Pennsylvania before earning his Master’s in Business Administration (MBA) degree from DePaul University’s Kellstadt Graduate School of Business in Chicago. With more than 30 years of experience in banking and finance, Peters has served in a variety of roles including as an auditor, analyst, commercial real estate banker, special assets manager, senior portfolio manager and sales manager. He began his banking career in 2005, spending many years with BMO Harris and most recently Huntington Bank (formerly TCF) prior to joining Bell Bank.

Peters and his wife live in Richfield, Minn.

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.