Pine River State Bank announces the board of directors appointed Kirsten Demars as president.
Demars graduated from Bemidji State University with a business administration-finance degree and minors in accounting and economics. She held various positions at Lakes State Bank from 1991-2001, including loan officer, cashier, vice president and senior vice president.
She has been with the Pine River State Bank since 2001, where she has been a senior vice president and director. With her 20-plus years of banking experience and strong background in community banking, the board of directors is confident that Demars can move Pine River State Bank into the future.
Charles Nelson will continue as CEO of Pine River State Bank.
Demars has been active in her community and has been in organizations, including Minnesota Bankers Association, Women in Banking Committee, Crosslake Jaycees charter member, Pine Rive Chamber of Commerce board member, Blue Line Club-board member and treasurer, Red Line Club fundraiser and a volunteer youth sports Coach.
Pine River State Bank has offices in Pine River, Breezy Point, Emily, Pillager and Nowthen.