Mike LaVigne has a reason to smile. He will retire soon from his job as president of the Grand Marais State Bank after 33 years of service to the community.
On Monday, December 19 the Grand Marais State Bank Board of Directors announced the retirement of President Mike LaVigne, effective January 27, 2017, after 33 years of service.
As a testament to the stability of the Grand Marais State Bank, LaVigne is one of only three presidents that the bank has had since its inception in 1916.
Upon the retirement of LaVigne, the bank proudly announces the promotion of several employees. Vice President Mark Youngdahl, who has been at the bank since 2007, will be promoted to president.
Susan Roy, who has been at the bank since 1989, will be promoted to vice president and chief operations officer.
Donna Paine, employed since 1991, will be promoted to assistant vice president.
The Grand Marais State Bank has been proud to serve the community for over 100 years and is committed to offering the best financial services with an experienced and dedicated staff. The board of directors has the utmost confidence that the bank is well positioned to continue this service into the future.
There will be an upcoming feature story in the Cook County News-Herald about Mike LaVigne in the future.
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