Jackie Herman

Jackie Herman Email and Phone Number

Chief Financial Officer at Crown Bank | Board Director | Driving Business & Operational Transformation to Create Growth and Shareholder Value @ Crown Bank
Jackie Herman's Location
Greater Minneapolis-St. Paul Area, United States, United States
Jackie Herman's Contact Details
About Jackie Herman

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.

Jackie Herman's Current Company Details
Crown Bank

Crown Bank

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Chief Financial Officer at Crown Bank | Board Director | Driving Business & Operational Transformation to Create Growth and Shareholder Value
Jackie Herman Work Experience Details
  • Crown Bank
    Chief Financial Officer
    Crown Bank Nov 2023 - Present
    Edina, Mn, Us
    Chief 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.
  • Crown Bank
    Secretary Board Of Directors
    Crown Bank 2023 - Present
    Edina, Mn, Us
    Board of Directors Secretary for Crown Bank, Independent Bank located in Edina, Minnesota, serving commercial clients nationwide.
  • Afton Press
    Member Board Of Directors
    Afton Press 2024 - Present
    Afton Press Board Member | Executive Committee of the Board
  • Nacd Minnesota Chapter
    Member
    Nacd Minnesota Chapter 2023 - Present
    Minneapolis, Mn, Us
  • Private Directors Association®
    Member
    Private Directors Association® 2020 - Present
    Frankfort, Il, Us
  • Flagship Bank Minnesota
    Chief Operating Officer
    Flagship Bank Minnesota 2016 - Mar 2023
    Wayzata, Mn, Us
    Leads 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.
  • Flagship Bank Minnesota
    Corporate Secretary
    Flagship Bank Minnesota 2016 - 2023
    Wayzata, Mn, Us
    Serves as the Secretary to the Board of Directors of the privately-held company.
  • Flagship Bank Minnesota
    Chief Financial Officer
    Flagship Bank Minnesota 2010 - 2016
    Wayzata, Mn, Us
    CFO, Directed Financial Reporting incorporating sound Operational practices. Restructured poor performing bank into profitability through prudent Risk Management Policies and Partnerships.
  • Bankin Minnesota
    Board Member
    Bankin Minnesota 2020 - Feb 2023
    Bloomington, Minnesota, Us
  • Icba
    Leadership Team
    Icba 2000 - 2023
    Washington, Dc, Us
    2021 - Leadership Team, ICBA, Bank Operations & Payments Committee for the National Association1988 - Member ICBA
  • Glacial Ridge Winery
    Strategic Advisor
    Glacial Ridge Winery 2007 - 2021
    Strategic Advisor and Sensory Panel Member for small business in Southwestern Minnesota.
  • Minnesota Bankers Association
    Board Member
    Minnesota Bankers Association 2013 - 2017
    Eden Prairie, Mn, Us
    The mission of the Minnesota Bankers Association is to provide its members the leadership, services, and support necessary to ensure a vital, growing financial industry.
  • Greater Wayzata Area Chamber Of Commerce
    Executive Board Member
    Greater Wayzata Area Chamber Of Commerce 2012 - 2016
    Wayzata, Mn, Us
    Greater Wayzata Area Chamber of Commerce Board Member | Executive Committee of the Board
  • Harvest Bank, Formally Atwater State Bank
    Vice President Operations
    Harvest Bank, Formally Atwater State Bank 1988 - 2008
    Key accomplishments included new facility build, merger of two institutions into one charter, key technology conversions, and revenue growth.

Jackie Herman Skills

Banking Leadership Finance Commercial Banking Loans Financial Services Financial Analysis Commercial Lending Small Business Lending Credit Analysis Credit Insurance Consumer Lending Risk Management Credit Risk Strategic Planning Fundraising Analysis Management Mortgage Lending Portfolio Management Customer Service

Jackie Herman Education Details

  • University Of Wisconsin-Madison
    University Of Wisconsin-Madison
    Finance | 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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