Jeff Plagge elected to ABA board

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posted 11/9/2012 in Community News

Jeff Plagge, President and CEO of Northwest Financial Corp. in Arnolds Park, IA, has become chairman-elect on the ABA Board for 2012-2013 after serving a year as vice chairman. New officers and directors were elected to serve on the American Bankers Association's (ABA) board for 2012-2013 during the ABA's annual convention in San Diego Oct. 14-16.

The American Bankers Association represents banks of all sizes and charters and is a respected voice for the nation’s $13 trillion banking industry and its two million employees. ABA’s extensive legislative, legal, regulatory, conference and educational resources enhance the success of the nation’s banks that strengthen America’s economy and communities.

Jeff Plagge is President and CEO of Northwest Financial Corp., and is responsible for leading 3 bank charters within the Northwest Financial Corp. organization.  This includes Northwest Bank of Spencer, IA, First National Bank of Sioux Center, IA, and First National Bank in Creston, IA. The three banks collectively hold $1.5 billion in assets and have 30 offices throughout Iowa  eastern Nebraska. Other entities within Northwest Financial Corp. include Northwest Wealth Management, LLC and Northwest Commercial Credit Corporation.

“Banks come in all types and sizes and ABA is the forum where the entire industry comes together to create solutions that will benefit everyone,” said Plagge. “I look forward to representing the entire banking industry in this national leadership position. All of us in the banking industry understand our unique position to assist and guide consumers, small business owners, farmers and ranchers and commercial businesses to a more vibrant and successful economy.”

Plagge has been very active in volunteer activities at the community, state and national levels. He currently serves on the Board of Directors for Delta Dental of Iowa Board and Shazam, Inc. He is also a member of the Chicago Federal Reserve Bank Community Deposit Institution Advisory Council and the Wartburg College President’s Advisory Board. Plagge previously served on a number of ABA committee’s and task forces, including the ABA Board of Directors and as Chairman of the ABA Government Relations Council and the ABA Agricultural Committee. He is a former board member of the Federal Reserve Bank of Chicago and the former chairman of the Iowa Bankers Association.