Skip to content

New president takes the helm of Bank of Edwardsville

    EDWARDSVILLE — Kevin Powers has begun his duties as the 13th president and chief executive officer of The Bank of Edwardsville.
IBJ Mar15 Page 17 Image 0004    “I did a lot of research on The Bank of Edwardsville and found an institution with an incredibly rich, 147-year history and a culture and values that are closely aligned with mine. I also found a very stable, safe and strong financial institution with a reputation of customer and community service second to none in the area,” Powers said.
    Powers, 59, and a native of Grand Forks, N.D., helped build Bremer Financial Corp. into a regional power in Minnesota and North Dakota.
    He replaces Tom Holloway, who served as president and CEO for 10 years before announcing his retirement. Under Holloway’s leadership, the bank grew from 14 to 18 locations while its assets have grown each year, rising from just over $1 billion in 2005 to nearly $1.7 billion today.
    Powers and his wife, Jean, have three grown children. He began his duties on March 2 and is relocating to the Edwardsville area.
    Bank officials praised the work of Holloway.
    “Tom has been a great leader and a tremendous asset, helping guide The Bank of Edwardsville to stable and continuous earnings during the past 10 years,” Chairman Robert Plummer said. “He served the bank and the local communities with honor and distinction, and we wish him nothing but the best in his retirement.”
    A graduate of the University of North Dakota with a bachelor’s degree in economics, Powers began his banking career in 1979 at First Bank (U.S. Bank) in Edina, Minn., where he worked his way up to business banking manager before accepting a position as senior vice president and business banking manager at Bremer Bank in Brainerd, Minn., in 1991.
    Following an independent bank acquisition by Bremer Bank in Grand Forks, Powers moved back home in 1993 to manage all aspects of the new location for the bank. Powers’ success in North Dakota prompted Bremer to expand in the state with a charter in the Fargo/Moorhead area, where he was named president and CEO. As president, Powers opened four offices in the market and turned the start-up operation into a highly successful venture with assets growing to $1.6 billion and 15 branches throughout North Dakota and northwest Minnesota.
    Powers was named West Region president in 2004, and in 2010, was promoted to group president of the West Region, with the added duties as CEO of Bremer’s Twin Cities charter from 2010 to 2012. He most recently served as group president of Bremer’s West Region.

IBJ Business News

New partnership helps underserved with legal issues

    ALTON — A new medical-legal partnership between WellSpring Resources and Land of Lincoln Legal Assistance Foundation will help low-income individuals with mental health conditions access free legal services.
    In what’s described as the first mental health medical-legal partnership in the state, an Advocacy Team will provide direct representation, brief legal assistance, and advice and counsel at WellSpring Resources. The partnership will make these services easily accessible to individuals experiencing mental health conditions, and help them address legal issues such as housing stability, food security and more.
    The partnership is funded in part by a grant from the Madison County Mental Health Board.  For more information, call staff attorney Latasha Barnes at (618) 462-2331, ext. 2319.

Lindenwood University-Belleville cited by military guide

    BELLEVILLE – Military Advanced Education awarded Lindenwood University-Belleville the designation of a Top School in its 2015 MAE Guide to Colleges & Universities, measuring practices in military and veteran education. The guide was released in the December issue of MAE is available online at
     “With the opening of our Veterans Success Center (last year), we continue to build a campus culture that honors our military students and provides excellent services to meet their needs,” said Jerry Bladdick, campus president.

Doctors establish endowment at OSF Saint Anthony’s

    ALTON – OSF Saint Anthony’s Foundation has announced the establishment of the Dr. Sadiq Mohyuddin, Mrs. Talat Gul Mohyuddin and Dr. Yusuf Mohyuddin Endowment to promote and enhance pulmonary medicine at OSF Saint Anthony’s Health Center.
    The endowment is designed to increase awareness of pulmonary diseases, as well as support technological advancements in respiratory services at the hospital.
    Dr. Sadiq Mohyuddin has been on the medical staff for more than 44 years; Dr. Yusuf Mohyuddin joined Saint Anthony’s Physician Group in 2007.


Leave a Comment