Photo of 2017-2018 SDBA OfficersThe South Dakota Bankers Association (SDBA), the professional and trade association for South Dakota’s financial services industry since 1884, recently elected officers for its 2017-2018 Board of Directors. The SDBA is honored to have the following individuals serve as officers:

Chairman: Dave Rozenboom, President, First PREMIER Bank, Sioux Falls
Chairman-Elect: Karl Adam, Market President, First Dakota National Bank, Pierre
Vice Chairman: Shawn Rost, South Dakota Market President, First Interstate Bank, Rapid City
Immediate Past Chairman: Paul Domke, President/CEO/CCO, Heartland State Bank, Redfield

The official election took place at the Quad States Convention of the South Dakota Bankers Association, along with North Dakota, Montana and Wyoming, June 4-6 in Rapid City. The term for the new officers is effective now through next year’s annual convention in June.

Chairman Dave Rozenboom

Dave Rozenboom is the president of First PREMIER Bank in Sioux Falls since 2011. First PREMIER Bank is a full-service community bank with $1.6 billion in assets and 18 locations in South Dakota. Prior to joining First PREMIER, Rozenboom had a 26-year career with U.S. Bank, where he served as 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 33 years. They have four children: Katie (husband Josh), Heidi (husband Jon), Mike, and Brett (wife Shelby). They also have two grandchildren with one more to arrive in August.

Chairman-Elect Karl Adam

Karl Adam 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 market president.

In addition to serving on the SDBA Board of Directors, Adam has served on the South Dakota Bankers Foundation Board of Directors and the South Dakota Bankers Insurance & Services 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, the South Dakota Housing Development Authority and South Dakota Republican Party chairman from 2006-2008. Adam currently serves as a director on the South Dakota Community Foundation Board and co-chairs, with his wife Joan, the fundraising campaign for the new Helmsley Cancer Center to be located within the Avera Cancer Institute at Avera St. Mary’s Hospital in Pierre.

Adam and his wife, Joan, have been married for 28 years. They have five children: Katherine (23), Conrad (21), Jack (18), and Phillip and Paul (15).

Vice Chairman Shawn Rost

Shawn Rost has worked for First Interstate Bank (formerly First Western Bank) for 25 years. He first worked at the bank as an intern during his last semester at Black Hills State University, where he graduated with a degree in business administration. He was hired a year later as a consumer loan officer in Spearfish. Rost was promoted to Deadwood branch president in 2000 and was named Northern Hills market president and Sturgis market president in March 2013. In 2016, Rost became the Rapid City market president and was named South Dakota market president this year.

Rost is on the board of the Northern Hills Training Center in Spearfish. He is past president of the Deadwood Chamber of Commerce and a past officer of Neighbor Works Dakota Home Resources, Deadwood Economic Development, Dakota Land Trust and many other non-profit organizations.

Rost and his wife, Susan, have three children: Hunter, a senior at the University of Wyoming; Tanner, a sophomore at Arizona State University; and Traven, a first grader in Rapid City.

Immediate Past 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 and his wife, Tami, have seven children: Chad, Lucas (wife Courtney), Tyler (wife Ashley), Samantha, Hannah (husband Robert), Samuel and Cami Jo. They also enjoy six grandchildren.