Nicholas S. Wilcox Joins Grand Rapids State Bank’s Board of Directors

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Changes have been announced to the membership of the Grand Rapids State Bank Board of Directors, according to Noah Wilcox, President and CEO of Grand Rapids State Bank. Effective June 21, 2018 Nicholas S. Wilcox will join the Grand Rapids State Bank board of directors. 

Nicholas currently serves as Assistant Vice President, Operations of Minnesota Lakes Bank. Although Nicholas has had a lifelong family affiliation with Grand Rapids State Bank, he officially joined the organization in 2014 during the bank’s Centennial year. Nicholas joins his brother Noah, Chairman of the Board, as a fourth generation member of the family to be a director for Grand Rapids State Bank. 

“I am pleased to welcome Nicholas to our board of directors and look forward to continuing a family legacy that extends back more than a century,” stated Noah.

Nicholas worked with the credit department as a Credit Analyst for Grand Rapids State Bank before the September 2014 acquisition of Crow River State Bank by Wilcox Bancshares Inc. After the purchase and successful rebranding of Crow River State Bank to Minnesota Lakes Bank, Nicholas worked to help embed the Grand Rapids State Bank credit culture, processes and procedures into the Minnesota Lakes Bank credit department. Since then, Nicholas has been instrumental aligning credit and operating functions at Minnesota Lakes Bank. Nicholas has worked alongside Minnesota Lakes Bank’s Chief Operating Officer, Angela Heying, to bring the bank up to date with the latest technology with features like business ebanking, remote deposit, mobile banking and business and consumer credit cards.

Nicholas added, “I am honored and humbled to have the opportunity to serve on Grand Rapids State Bank’s board of directors. I look forward to working alongside our other directors and supporting our great community.”  

Nicholas is a board member of Wilcox Bancshares Inc. and is a member of Minnesota Lakes Bank’s Asset & Liability Committee. He is also a member of the Federal Reserve’s Retail Payments Customer Advisory Group. Nicholas holds bachelor’s degrees in Finance and Accounting from the University of Minnesota Duluth.

Nicholas joins Noah Wilcox, Steve Wilcox, Steve Burggraf, Shelly Steere and Stephen Welliver on the bank’s board of directors.