The South Dakota Bankers Association (SDBA), the professional and trade association for South Dakota’s financial services industry since 1884, recently elected officers for its 2016-2017 Board of Directors. The SDBA is honored to have the following individuals serve as officers:

Chairman: Paul Domke, president/CEO/CCO, Heartland State Bank, Redfield
Chairman-Elect: Dave Rozenboom, president, First PREMIER Bank, Sioux Falls
Vice Chairman: Karl Adam, president, First Dakota National Bank, Pierre
Immediate Past Chairman: Rick Rylance, regional president, Dacotah Bank, Rapid City

(Photo Caption: 2016-2017 SDBA Officers (L-R) Chairman-Elect Dave Rozenboom, First PREMIER Bank, Sioux Falls; Vice Chairman Karl Adam, First Dakota National Bank, Pierre; Immediate Past Chairman Rick Rylance, Dacotah Bank, Rapid City; and Chairman Paul Domke, Heartland State Bank, Redfield.)

The official election took place at the Annual Convention of the South Dakota Bankers Association and North Dakota Bankers Association in Bismarck, N.D. on June 14, 2016. The term for the new officers is effective now through next year’s Quad States Convention, which will be held in Rapid City on June 4-6, 2017.

Chairman Paul Domke

Paul Domke began working at Bank of Wessington (now Heartland State Bank) when he was in high school. He began working at the Tulare branch in 1988, and in 2007 moved to the Redfield office. He has served as president/CEO of Heartland State Bank since April 2008.

Domke’s community involvement has included the Community Memorial Hospital Foundation Board, Beadle and Spink Enterprise Community Board and the Tulare Town Board. He currently serves on the Grow Spink and Redfield Energy Board.

Domke has five children: Lucas (wife Courtney), Tyler (wife Ashley), Hannah (husband Robert), Samuel and Cami Jo. He has four grandchildren with two more to arrive in 2016.

Chairman-Elect Dave Rozenboom

Dave Rozenboom is the president of First PREMIER Bank in Sioux Falls since 2011. He began his banking career in 1985 in an entry-level professional development program at U.S. Bank in Aberdeen. Rozenboom later relocated to U.S. Bank in Sioux Falls in 1989, where he served as the business banking manager from 1994-2001 and regional president of eastern South Dakota and northwest Iowa from 2001-2011. 

Rozenboom has been active in leadership roles in a number of community organizations. He most recently co-chaired the successful $15.5-million campaign for the Forward Sioux Falls 2016-2021 economic development program. He has also served as the board chair for Sioux Falls Area Chamber of Commerce, Avera McKennan Hospital & University Health Center, Sioux Falls Christian Schools and Junior Achievement of South Dakota. 

Rozenboom and his wife, Tammy, have been married for 32 years and have four children and two grandchildren. Daughter Katie is a nurse practioner with Avera Medical Group. Her husband Josh Soodsma is a CPA and manager at Eide Bailly. The couple has a son, Levi, and a daughter, Josie. Daughter Heidi is a physician assistant with Avera Medical Group. She is married to Jon Vogel, who is in the chemistry program at USD pursuing his PhD. Son Mike is a second-year law student at Drake University in Des Moines, Iowa, and son Brett received his accounting and finance degrees from Dordt College and joined Eide Bailly.

Vice Chairman Karl Adam

Karl Adam earned a B.A. in political science in 1987 and a master’s of public administration in 1989 from the University of South Dakota, Vermillion. He began his banking career with Dakota State Bank, Blunt, in 1995, as a management trainee and later served as president. Last year, he joined First Dakota National Bank in Pierre as president.

Adam served two consecutive terms on the SDBA Board of Directors and was a member of the South Dakota Bankers Foundation and the SDBIS Board of Directors. He has served as a trustee for the Pierre Rawlins Municipal Library Board including serving as its president, was a member of the St. Mary’s Foundation Board of Directors, and South Dakota Republican chairman from 2006-2008.

Adam and his wife, Joan, have been married for 27 years. They have five children: Katherine, 22; Conrad, 20; Jack, 17; and Phillip and Paul, 14. Adam and his wife began their life together living in Washington, D.C., where he worked at the U.S. Department of Commerce as a President George H.W. Bush appointee and she worked with the administrator of Georgetown University Hospital. They moved to Pierre in 1991, and Adam worked in the Governor’s Office of Economic Development from 1991-1994 in the Business Recruitment Division, before joining the banking industry.

Immediate Past Chairman Rick Rylance

Rick Rylance began his banking career with Dacotah Banks, Inc., in 1978. He has worked in the Aberdeen, Lemmon, Sisseton, Webster and Rapid City markets. Rylance has worked in the operations and loan departments and served as branch manager in Sisseton and president in Webster. He currently serves as western regional president for Dacotah Bank in Rapid City.

Rylance is past chair of Youth and Family Services in Rapid City and is a board member of Black Hills Works Foundation and Rapid City Rush Foundation. He has also been involved in the Rapid City Economic Development Partnership, United Way and a classroom teacher for Junior Achievement.

Rylance’s wife, Rhonda, is a secretary/paralegal for Lynn, Jackson, Schultz and LeBrun, and the couple has two sons. RJ works for Morgan, Theeler, Cogley & Petersen Law Firm in Mitchell and lives in Parkston, where his wife, Leslie, is activities director. Reid works for Scheels All Sports in Sandy, Utah.