Heartland Financial Unit Names New CEO

By Chris Cumming June 04, 2013, 3:20 p.m. EDT 1 Min Read

Community banking

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Heartland Financial USA (HTLF) in Dubuque, Iowa, reported lower quarterly earnings as compensation expenses rose.

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Bank technology

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Wisconsin Bank & Trust in Madison has given its longtime president the additional title of chief executive.

The $651 million-asset bank said in a press release Tuesday that Kevin Tenpas had succeeded Tom Wilkinson, who will remain chairman.

Tenpas helped found Heartland Business Bank in 1999. Heartland combined with Wisconsin Community Bank last year, creating Wisconsin Bank & Trust. The banks were units of Heartland Financial (HTLF), a multibank holding company in Dubuque, Iowa.

"This well-deserved recognition has been in the works for a while," Wilkinson said in the release. Tenpas "was instrumental in developing our specialty lending programs offering SBA, Rural Development and Department of the Interior guaranteed loans."

Chris Cumming

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