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Region XII Development Corporatoin Loan Review Committee

 

Applications for financing through Region XII Development Corporation's Revolving Loan Funds for economic development are reviewed first by a loan review committee. The committee is comprised of two representatives from each of the six counties that make up Region XII, including the county's economic development director and a representative from a bank in the county. Ex-officio members of the committee include the executive director and fiscal officer from Region XII COG, and an attorney-advisor. The committee meets when necessary to review applications. Meetings are usually held the day before executive board meetings. Recommendations of the loan review committee are forwarded to the executive board for approval. The committee is responsible for helping to determine financing levels, fiscal soundness of the applicant, loan terms, loan extensions, etc.

 

 

Audubon County

Tom Nielsen, Executive Director, Audubon County Economic Development, Audubon

Bret Irlmeier, Vice President, Audubon State Bank, Audubon

 

Carroll County

Jim Gossett, Executive Director, Carroll Area Development Corp., Carroll

Larry Sporrer, Vice President, Templeton Savings Bank, Templeton

 

Crawford County

Don Luensmann, Executive Director, Chamber & Development Council of Crawford County, Denison

Scot Brus, Bank Iowa, Denison

 

Greene County

Rick Morain, Greene County Development Corporation, Jefferson

Doug McDermott, President, Home State Bank, Jefferson

 

Guthrie County

Jason White, Executive Director, Midwest Partnership Corporation, Stuart

Dan Quinlin, Vice President, Guthrie County State Bank, Panora

 

Sac County

Shirley Phillips, Executive Director, Sac Economic & Tourism Development, Sac City

Steve Kettering, President, Farmers State Bank, Lake View

 

Ex-officio Members

Steve Brannen, Attorney, Gustafson & Brannen, Denison

Rick Hunsaker, Executive Director, Region XII COG, Carroll

Kathy Pauli, Fiscal Officer, Region XII COG, Carroll