Delano Herald Journal

Serving the communities of Delano, Loretto, Montrose, MN, and the surrounding area

Catherine Jackson named banker of the year



Catherine Jackson, president of the Citizens State Bank
of Waverly, has been selected 1998 Banker of the Year by Northwestern Financial
Review magazine.

Jackson is the first woman to receive the award since it
was started 10 years ago.

Each year, Northwestern Financial Review selects a banker
from the Upper Midwest who runs a sound bank, has made significant contributions
to the industry and community, and is poised to contribute to the industry
and community for years to come.

Jackson became president of Citizens State Bank of Waverly
in 1985. Under her leadership, the $28 million bank has more than tripled
in size, developed new business lines and moved to an updated building.

In addition to her accomplishments in the bank, Jackson
was selected because of her work in the community of Waverly. Jackson is
leading an effort to establish a permanent museum in memory of the community’s
most famous former resident – Hubert Humphrey, vice president of the United
States under President Lyndon Johnson.

The effort has been underway since 1994. Although the community’s
first Humphrey museum burned down last August, the effort continues. Jackson
and others in the community hope to raise enough money to remodel the Waverly
Village Hall into a Humphrey museum by the year 2001. The museum is considered
crucial to revitalizing the Waverly community.

Jackson also serves on the Central Minnesota Initiative
Fund and is active in the Wright County Economic Development Association.

Each year since 1988, Northwestern Financial Review has
selected a Banker of the Year. Nominations are solicited from the magazine’s
readers throughout the fall. The banker must work in a bank located in Minnesota,
Wisconsin, North Dakota, South Dakota, Montana, Iowa, Illinois or Nebraska.

Jackson is featured in the cover story of the Jan. 24,
edition of Northwestern Financial Review.

With roots that go back to 1894, Northwestern Financial
Review is a trade journal covering the commercial banking industry in the
Upper Midwest.

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