Financial Credit Analyst Loans Minneapolis St Paul MN Resume David Stougaard by DavidStougaard

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David Stougaard is a solutions-focused credit / finance executive with more than 20 years of experience overseeing and ensuring the safety, soundness, and overall quality of a variety of loan portfolios.

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									DAVID STOUGAARD, MBA
                          Mankato, MN 56001 ● (507) 381-7441 ● 19dirk85@gmail.com

COMMERCIAL LENDING | CREDIT ANALYSIS | CREDIT EXAMINATION
EXPERTISE IN COMMERCIAL | AGRICULTURAL LENDING

A solutions-focused credit/finance executive with                  AREAS OF EXPERTISE INCLUDE:
more than 20 years of experience overseeing and                    Commercial Real Estate (CRE), Commercial
ensuring the safety, soundness, and overall quality                and Agricultural Lending
of a variety of loan portfolios. Highly skilled in driving
                                                                   Risk Assessment / Risk Management
sales and production teams, increasing volume, and
attaining sustainable profit gains in challenging markets.         Special Assets / Loan Workouts / Asset
A master negotiator; with an exceptional track record of           Recovery / OREO
success managing work-outs and executing cost                      FSA (Farm Service Agency) and SBA (Small
effective restructurings for distressed clients.                   Business Administration) Loans

PROFESSIONAL EXPERIENCE
SMALL BUSINESS DEVELOPMENT CENTER – MANKATO, MN                                                 2011 TO PRESENT
CONSULTANT / ADVISOR
Gather information and analyze financial data in order to develop a comprehensive understanding of the small
business owner’s needs and then offer the advice they need to take their business to the next level.
KEY RESULTS
        Assisted a struggling business with $3MM in sales and 85 employees get their SBA and other loans
        restructured, obtain additional funding, and develop a better bookkeeping system.
        Led a large firm with 500+ employees, revenues of $20MM, and a $7MM revolving line of credit to use
        loan programs provided by the US government greatly reducing the risk of loss to their primary lender.

DAVID STOUGAARD INSURANCE AGENCY – MANKATO, MN                                                       2008 TO 2010
INSURANCE AGENT / OWNER
Generated new business by contacting potential customers; then called on prospects to explain various insurance
policy options and help them select the plan that best suited their needs.
KEY RESULTS
        Built a small, successful insurance office from scratch to more than 100 clients when it was sold.

AGSTAR FINANCIAL SERVICES – MANKATO, MN                                                              1996 TO 2008
COMMERCIAL LOAN OFFICER
Provided financing and financial services throughout rural Minnesota and Northwest Wisconsin.
       Provided financing solutions that allowed businesses to expand, increased profitability, and transition the
       business to the next generation.
KEY RESULTS
        Personally generated more than $55MM in new loans and 85 new clients from 2000-2007.
        Dramatically increased the number of products sold from 1.5 to 5 per client through effective cross-
        selling.
        Invited to serve on an agricultural industry board from 2002-2007
        Gave financial education presentations to members of an agricultural industry
        Increased company’s name recognition and image in an industry from less than 10% to 45% via a highly
        effective public relations marketing program.

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DAVID STOUGAARD – PAGE 2
        Published financial articles in a Regional Industry Magazine (5,000+ circulation) and published a quarterly
        newsletters for clients and prospective clients


EL CAMPO PRODUCTION CREDIT ASSOCIATION – EL CAMPO, TX                                                1991 TO 1996
SENIOR VICE PRESIDENT OF CREDIT
Brought onboard to lift the Regulatory “Letter of Understanding” the company had received four months earlier.
KEY RESULTS
        Drastically improved credit quality from 63% non-adverse to 98% adverse with minimum charge-offs.
        Was successful in having the Letter of Understanding lifted after only 18 months.
        Trained credit personnel to analyze credit on an accrual basis instead of on the cash basis which they
        previously used.
        Developed a New Loan Incentive Program, which increased loan volume 20%.

Early career experience includes having served nearly seven years as a Senior Credit Examiner at Farm Credit Bank
of Texas. Charged with overseeing a 4 to 5-member team of examiners brought on to complete on-site
examinations of asset quality by performing credit analysis plus ensuring compliance of all loan and securities
portfolios to laws and regulations related to the Office of the Comptroller of the Currency (OCC).

COMPUTER SOFTWARE SKILLS
        Microsoft Suite of Products: – Outlook, Word, Excel, PowerPoint, etc…
        Proprietary Software – CRM, Statistical, Internal Credit Approval Package

COMMUNITY INVOLVEMENT
University of Minnesota South Central Alumni Board of Directors  Downtown Kiwanis Club Member 
Mount Kato Junior Race Team Board of Member and Race Results Director  Dakota Meadows Middle School
Assistant Girls Golf Coach  Mankato Area Girls Lacrosse Treasurer

EDUCATION
MASTER OF BUSINESS ADMINISTRATION (MBA) – 2012
Minnesota State University – Mankato, MN
BACHELOR OF SCIENCE (BS) IN ECONOMICS
University of Minnesota -Twin Cities, MN

								
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