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About Us

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Arcadian Bank is a full service community bank who has been committed to serving the diverse needs of
consumers and businesses in our local communities for 110 years.  We take pride in giving back to our
community and supporting local events, clubs, fundraisers, charities, businesses, and causes that are
important to our employees and customers.  We are dedicated to offering our customers the leading edge
in technology, and we are committed to providing a great banking experience with security being a top
priority.  We believe in nurturing a positive and stable culture which results in an exceptional customer
experience.  Arcadian foresees a bright future for community banking!

Our Story

Our Story

Over 110 years of Growing Locally!

  • Our story began in 1912 as Farmers State Bank of Hartland located in Hartland MN.
  • The Freeborn branch was acquired in 1999.
  • A branch location was open in Albert Lea in 2005
  • In 2013 two existing employees Daniel Otten and Mark Heinemann formed a new bank holding company called Minnesota Community Bancshares, with the purpose of raising local funds to purchase all the bank shares from the Skophammer family. Minnesota Community Bancshares obtained $7.6 million in funding commitments from 78 local investors.
  • The purchase transaction was closed on April 11th, 2014.
  • January of 2021 the bank was renamed to Arcadian Bank.
  • CEO Daniel Otten and President Mark Heinemann are leading the bank into the future with a diverse board of directors, renewed energy and many of the same employees as well as lots of great new talent.

Mission & Culture

Mission Statement

To improve the lives of our people, customers, shareholders, and communities.

Mission Statement Visual: To improve the lives of our people, customers, shareholders, and communities.


Our culture is essential.  It ensures that we attract, retain, and develop the people necessary to accomplish the bank’s goals and mission.


Leadership & Board

Leadership Team

Leadership Team Picture

(Mark Heinemann, Susie Miller, Mike Budach, Daniel Otten, Cally Skinner, Mike Yocom)

Board of Directors

Daniel Otten Headshot Daniel Otten, Chairman

Mark Heinemann Headshot Mark Heinemann, Secretary/Treasurer

Allen Batt, Director Allen Batt, Director

Margie Heller, Director Margie Heller, Director

Holly Karsjens, Director Holly Karsjens, Director

Allen Obernolte, Director Allen Obernolte, Director

Tim Westrum, Director Tim Westrum, Director

Community OutREACH


At Arcadian Bank, we have a long history of supporting the communities that we live and work in. Our tagline is “Community Focused, Community Focused” after all. While all staff members play an active role in living out our tagline, the bank’s growth recently called for a dedicated team of individuals to organize and implement our outreach efforts. Enter: the REACH Team! Formally launched in 2020, the REACH Team is tasked with finding practical ways to improve the lives of all community members. We strive to make an impact by representing the bank through involvement and visibility within our communities. What does REACH stand for exactly? We’re glad you asked…


2021 Donations

Total of $66,030 donated across over 90 local organizations!

Completed Initiatives

  • Family Fun Night Thank You Gifts: Prepared and distributed approximately 70 gift packs of popcorn, candy, and a game to members of the Albert Lea Police Department, Freeborn County Sheriff’s Office, Albert Lea Fire Department, and Glenville Fire Department to show our appreciation and support
  • Meals for Healthcare Workers: Purchased 1,500+ meal vouchers from local restaurants and distributed them to healthcare workers to support both restaurants and healthcare workers during COVID
  • Meals for School Staff : Purchased 1,000+ meal vouchers from local restaurants and distributed them to all school staff in 9 areas schools as appreciation for their hard work and dedication to our youth through the pandemic.
  • Community Coalition Campaign: Highlighted three local non-profit organizations – The Life Center, Five Sisters, and United Way – to boost awareness and help raise funds for their programs
  • Random Acts of Kindness Day: Distributed cash to staff members and challenged them to go out into the community and execute random acts of kindness
  • Financial Literacy Month: Distributed children’s books aimed at money management to preschoolers through third graders
  • Earth Day: Sent out teams into the communities of Albert Lea, Freeborn, Glenville, and Alden to pick up garbage
  • “Jesus Food” event: Sent a team of ten employees to partner with the community of Wells in a food packing event that prepared food packages aimed at ending starvation across the world
  • Golf Outings: Participated in various local non-profit golf fundraising tournaments
  • Sparky Golf Tournament: The LIFE Center of Freeborn County provides programming and services to residents with disabilities. Their mission is to advocate passionately while compassionately delivering programs and expand opportunities, empower people and enrich lives while having fun. We are the diamond level sponsor of the event and our staff helps with set up, registration, lunch and games out on the course. It’s a good day for a good cause.
  • Good Neighbor Day: Delivered 22 dozen donuts to the neighboring business of our three branch locations to say, “we appreciate you!”
  • Give Cancer the Boot: Organized a social media campaign to bring awareness and show support to those battling breast cancer (including one of our own), concluding with a donation to Kiester for a Cure
  • Albert Lea Main Street Program’s Holiday Bazaar: Sponsored and staffed a free hot chocolate stand for the community, serving nearly 300 cups of hot chocolate in 2 hours!
  • Calendar Outreach: Distributed over 500 of our Arcadian Bank photo calendars to local nursing home residents
  • Annual #makingspiritsbrighter Gift Project: Chose a special member of our community who we wanted to bless during the holiday season, raising a grand total of over $6,600 between staff donations and a bank match
  • Winter Wear Drives: Partnered with two local groups, United Way and also Jack Frost’s Closet, as collection sites for their respective winter wear drives to help provide for those in our communities needing hats, gloves, and coats for the winter season
  • Riverland Career Closet: Collected gently used business clothing from staff to help fill the Riverland Career Closet, an initiative at Riverland aimed at providing interview-appropriate attire to their students
  • Mock Interviewers: Sent staff volunteers to the Albert Lea High School to conduct mock interviews for the Everyday English classREACH Pictures