Jackie Herman Email and Phone Number
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Jackie is a transformative Chief Financial Officer (CFO) and business executive known for creating scalable value for stakeholders while driving business and operational transformation for growth. She has extensive experience in asset management, risk management, governance, corporate social responsibility in a highly regulated industry. Under her leadership as the Chief Financial Officer and Treasurer Crown Bank experienced significant growth Y/Y through people, process, and technology transformation strategy. She serves as the liaison for Crown Bank with regulatory divisions and legal and accounting firms, facilitating the enhancement of Articles of Incorporation, By-Laws, and other critical documents supporting the bank’s expansion.Recognized as a leader of transformation, previously, as the former Chief Operating Officer at Flagship Bank, she drove growth and turnaround initiatives. Her expertise includes strategic planning, operational efficiency, and employee engagement resulting in exponential growth. Partnering with Executive leadership she transformed a 100MM bank into a 1B organization, led two successful bank acquisitions, doubling asset size, market share, and product growth while building an integrative culture. Jackie has received numerous accolades, including being recognized as a nominee for 2024 CFO of the Year by The Minneapolis St. Paul Business Journal, Top Women in Finance Circle of Excellence Award by Finance and Commerce, Woman Transforming Business from CBiz honoree and earning the Private Company Governance Fellow Certificate. Her board service includes roles with Crown Bank, Let’s Talk Women, and Finance & Commerce. She has also been a member of the Central Bank Digital Currency (CBDC) focus group supporting Congressional Research Services' policy development. Her board roles include serving on the BankIn MN National Leadership Team, Greater Wayzata Chamber of Commerce, and the Minnesota Bankers Association.Passionate about the next generation of leaders, Jackie volunteers for initiatives including Top Women in Finance Alumni 'Master Class' series and serves as an honorary judge for the Minnesota State High School League’s Math Bowl.
Crown Bank
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Chief Financial OfficerCrown Bank Nov 2023 - PresentEdina, Mn, UsChief Financial Officer leading key infrastructure transformation including risk management, IT/IS, operations, retail, and financial departments to capitalize on opportunities to promote growth and shareholder value. Crown Bank is a Twin Cities owned independent bank recognized as a Top 20 Commercial Lender Nationwide. Key Transformation and Growth Accomplishments:• Lead strategy and vision resulting in a 12% increase in loan portfolio, an improvement in YTD ROA from 0.47 to 1.23, and a remarkable YTD ROE jump from 5.66 to 16.26, in 2023-2024. • Drive the due diligence in mitigating unrealized losses in Accumulated Other Comprehensive Income (AOCI) of which she orchestrated a corporate status change from a Sub-S to a C-Corp, strategically shifting 30% of losses directly into capital, setting the stage for future growth. -
Secretary Board Of DirectorsCrown Bank 2023 - PresentEdina, Mn, UsBoard of Directors Secretary for Crown Bank, Independent Bank located in Edina, Minnesota, serving commercial clients nationwide. -
Member Board Of DirectorsAfton Press 2024 - PresentAfton Press Board Member | Executive Committee of the Board -
MemberNacd Minnesota Chapter 2023 - PresentMinneapolis, Mn, Us -
MemberPrivate Directors Association® 2020 - PresentFrankfort, Il, Us -
Chief Operating OfficerFlagship Bank Minnesota 2016 - Mar 2023Wayzata, Mn, UsLeads Business Strategies, Governance, Finance, Information Security & Technology, Audit and Compliance, Risk Management, and Human Resources of 330M Flagship Bank.Serves as a Member of the Risk Management team that oversees Flagship and its 750M affiliate, Security Bank & Trust Co with 19 financial facilities. Provided Due Diligence in Mergers and Acquisitions, Orchestrated and Lead two successfully Bank Acquisitions. -
Corporate SecretaryFlagship Bank Minnesota 2016 - 2023Wayzata, Mn, UsServes as the Secretary to the Board of Directors of the privately-held company. -
Chief Financial OfficerFlagship Bank Minnesota 2010 - 2016Wayzata, Mn, UsCFO, Directed Financial Reporting incorporating sound Operational practices. Restructured poor performing bank into profitability through prudent Risk Management Policies and Partnerships. -
Board MemberBankin Minnesota 2020 - Feb 2023Bloomington, Minnesota, Us -
Leadership TeamIcba 2000 - 2023Washington, Dc, Us2021 - Leadership Team, ICBA, Bank Operations & Payments Committee for the National Association1988 - Member ICBA -
Strategic AdvisorGlacial Ridge Winery 2007 - 2021Strategic Advisor and Sensory Panel Member for small business in Southwestern Minnesota.
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Board MemberMinnesota Bankers Association 2013 - 2017Eden Prairie, Mn, UsThe mission of the Minnesota Bankers Association is to provide its members the leadership, services, and support necessary to ensure a vital, growing financial industry. -
Executive Board MemberGreater Wayzata Area Chamber Of Commerce 2012 - 2016Wayzata, Mn, UsGreater Wayzata Area Chamber of Commerce Board Member | Executive Committee of the Board -
Vice President OperationsHarvest Bank, Formally Atwater State Bank 1988 - 2008Key accomplishments included new facility build, merger of two institutions into one charter, key technology conversions, and revenue growth.
Jackie Herman Skills
Jackie Herman Education Details
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University Of Wisconsin-MadisonFinance | Corporate | Banking
Frequently Asked Questions about Jackie Herman
What company does Jackie Herman work for?
Jackie Herman works for Crown Bank
What is Jackie Herman's role at the current company?
Jackie Herman's current role is Chief Financial Officer at Crown Bank | Board Director | Driving Business & Operational Transformation to Create Growth and Shareholder Value.
What is Jackie Herman's email address?
Jackie Herman's email address is jh****@****nks.com
What is Jackie Herman's direct phone number?
Jackie Herman's direct phone number is +195283*****
What schools did Jackie Herman attend?
Jackie Herman attended University Of Wisconsin-Madison.
What skills is Jackie Herman known for?
Jackie Herman has skills like Banking, Leadership, Finance, Commercial Banking, Loans, Financial Services, Financial Analysis, Commercial Lending, Small Business Lending, Credit Analysis, Credit, Insurance.
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