As the new CEO of New Market Bank, Anita Drentlaw is carrying on a family tradition that started with her great-grandfather more than 100 years ago.
Drentlaw, the bank’s president since 2014, took on the additional title of CEO in August. Under her watch as president, the bank reached $170 million in deposits for the first time.
Drentlaw took over the CEO duties from her father, Bob Vogel, who continues as chair of the board. In all, four generations of the family have held leadership positions at the bank, which serves the south metro and has offices in Lakeville, Prior Lake and Elko New Market.
Prior to becoming president, Drentlaw held a number of other positions at New Market Bank, including executive vice president and chief financial officer. Her resume also includes a stint as public accountant with McGladrey & Pullen, now RSM.
A graduate of the University of St. Thomas and the University of Colorado’s Graduate School of Banking, Drentlaw is active with the Independent Community Bankers of Minnesota and a number of charitable organizations.
In the following interview with reporter Brian Johnson, Drentlaw talks about the history of New Market Bank, how the bank has fared during the pandemic, and the challenge of developing a talent pipeline in the finance business.
