BOUNDARY WATERS BANK - Key Persons

Heather Fitzgerald

Job Titles:
  • Vice President, Lending
Role • Passion • Focus Heather has been with Boundary Waters Bank for over 24 years and works closely with both the consumer and commercial sides of the business to ensure our customers are equipped with the right financial tools/gear they need to chart a course to success. She also has worked with many small businesses to help them navigate the SBA lending process and realize their dream. Heather is innovative and insightful and works hard to understand your business &/or personal goals so she can keep you moving toward your North Star.

Joe Babiracki

Job Titles:
  • Branch President / SVP Retail Lending
Role • Passion • Focus Joe has 23+ years of experience developing and managing multiple branch locations and divisions for both large and small banks. Joe is made up of equal parts passion for his people and the businesses his team serves - helping people & businesses succeed is truly in his DNA.

John Nigh - Chairman

Job Titles:
  • Chairman
  • Member of the Board of Directors
  • Chairman Person

Matt Dereschuk

Job Titles:
  • AVP - Branch Manager

Rob Erickson

Job Titles:
  • Member of the Board of Directors

Sandy Wolfe

Job Titles:
  • SVP Loan Operations
Role • Passion • Focus Sandy has over two decades of experience in the banking industry and is as passionate and energetic now as she was when she first started in the industry over 20 years ago. She wears multiple hats - leading the Boundary Waters Bank loan operations team as well as heading up process improvements - all with a continued focus on driving exceptional customer service.

Sarah Kolek - CEO, President

Job Titles:
  • CEO
  • Member of the Board of Directors
  • President
Role • Passion • Focus Sarah has been with Boundary Waters Bank since 2011 and holds the title of first female president and chief executive officer in the company's history. Prior to becoming President/CEO in September 2017, she held the position of Chief Credit Officer. Sarah is responsible for strategically navigating the growth and profitability of Boundary Waters Bank in the best interest of its customers and shareholders.

Steve Piragis

Job Titles:
  • Member of the Board of Directors

Ted Bents

Job Titles:
  • Vice President, Mortgage Lending

William Lehner

Job Titles:
  • Member of the Board of Directors