"We're constantly being approached by a major system bank. 'No, you're our competitor,' we tell them. 'We sell loans to you and then all of a sudden our customers get your solicitations.' We never feel that competition with UBB."
- June Rossman
Vice President, First National Bank, Cold Spring
Bill Rosacker took the reins at United Bankers' Bank (UBB) in 1985 amidst a farm crisis that challenged community banks throughout the Midwest. He put UBB on a path to growth and success by emphasizing over-the-top customer service, ongoing product innovation, and application of advanced technologies. Today UBB is a $680 million correspondent bank providing a full range of deposit, lending, investment and special services to community banks throughout the Midwest and Pacific Northwest.
Bill extends his leadership skills to the banking industry as well. His service on behalf of the Independent Community Bankers of America (ICBA) is extensive:
He has also held ICBA posts on the Bank Services and Payments and Technology committees.
Other current professional memberships include the Bankers' Bank Council (where Bill served as treasurer), Minnesota Bankers Association, and the Independent Community Bankers of Minnesota.
Bill's 41-year career in banking also features 16 years at F & M Marquette National Bank, where he achieved the position of senior vice president before he left for UBB. During his tenure at F & M Marquette, he was involved in the correspondent bank credit card program. He was a member of the senior management committee, and division manager in charge of the correspondent banking and investment divisions. He also played an important role in the merger of Marquette National Bank and Farmers and Mechanics Savings Bank into F & M Marquette National Bank.
Bill's educational accomplishments include advanced banking education through the Minnesota School of Banking, Midwest Institute of Banking, and the Federal Reserve course in Central Banking. He was also a member of the faculty of the Minnesota Commercial Lending School for two years and served on the advisory board for three years.
In addition, Bill sits on the board of directors of the bank his wife co-owns, The First National Bank of Bagley in Bagley, Minn.