Federal Deposit Insurance Corporation FDIC-Insured - Backed by the full faith and credit of the U.S. Government

About Us

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 over 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

Over 113 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.
  • September 2023 the Hartland branch that was destroyed by the December tornado of 2021 was rebuilt and opened.
  • CEO and President Mark Heinemann and the leadership team 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 Statement

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

To improve the lives of our employees, customers, shareholders, and community members. Employees point to Culture committee, Customers point to Various Debts, Shareholders point to Executive Leadership, and Communities point to REACH Team.
 

Culture

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

Click here to read the Arcadian Bank Culture Document

Leadership Group Photo

Leadership is the foundation of our success at Arcadian Bank. Our leaders inspire, guide, and support us every step of the way—helping us grow both personally and professionally. Their vision and dedication set the tone for excellence, ensuring we serve our customers and community with passion and purpose.

Our leadership team includes: Front Row: Chairman Daniel Otten and President/Chief Executive Officer Mark Heinemann Back Row: Chief Financial Officer Mark Petrik, Frontline Staff Supervisor Jennifer Miller, Chief Credit Officer/Ag Lender Michael Yocom, Senior Mortgage Lender Susie Miller, and Senior Ag Lender Mike Budach. Not Pictured: Administration/Compliance Officer Abby Stoa

Portrait of Daniel Otten, Chairman

Daniel Otten
Chairman

Portrait of Mark Heinemann, Secretary/Treasurer

Mark Heinemann
Secretary/Treasurer

Portrait of Holly Karsjens, DirectorHolly Babcock
Director

Headshot photo of Travis Routh

Travis Routh
Director

Portrait of Allen Obernolte, DirectorAllen Obernolte
Director

Portrait of Margie Heller, Director

Margie Heller
Director

REACH

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…

RECRUIT


Internally, to recruit employees to volunteer in various ways in the community. Externally, to recruit high performance individuals for our team and to introduce people to the possibility of a career in banking in general.

EDUCATE


To share the wealth of knowledge within our team with the communities that we live in, across all ages, stages, and walks of life. Small business owners, stay-at-home-moms, farmers, new home owners, children, etc.

ALLOCATE


To distribute financial resources into our communities for various projects, fundraisers, and non-profits in order to make a positive affect on the quality of life here in Freeborn County.

CARE


To spread kindness and compassion by thinking beyond the four walls of our bank and finding ways to support and encourage those in our communities who may be struggling or may need a reason to smile.

HELP


To ally with local non-profits by providing a helping hand within our communities, in a tangible, practical "boots on the ground" sort of way.

 

Community Owned. Community Focused.


2024 Donations

Total of $71,775 donated across over 100 local organizations, events and causes.