Rudy Fors

Work:

Twin Cedars Bancorp, Inc. Founder & Chairman

Northwest Bank SVP Commercial Banking

U.S. Bank Business Banking Team Lead

Non-Profit:

Present:

On With Life Board of Directors - Finance Chair

United Way of Central Iowa Tocqueville Society

Childserve Board of Trustees

Lifeserve Blood Donor

Iowa Rush Soccer Club Coach

Past:

Co-Founder of Missouri Zeta SAE Chapter

Neighborhood Finance Board of Directors

Ankeny Economic Development Corp Board of Directors

Iowa State University & Drake Class Presenter

Iowa Sports Foundation Board of Directors

Reach out and Read Iowa Board of Directors - Treasurer

American Cancer Society Relay for Life Committee

Junior Achievement

Education:

Saint Louis University studied Finance and Aviation

Colorado State University MBA Finance

Graduate School of Banking at the University of Madison Wisconsin

Certifications:

Profit Mastery University

Wells Fargo Commercial Lending School

RMA Commercial Lending Program

California Real Estate License

Flight Ratings: Private, Instrument, Commercial Pilots License (Former Certified Flight Instructor)

Notable accolades:

Inc. Magazine Inc 5000 Fastest Growing Privately Held Companies 2024 and 2025

500 Iowa’s Most Influential Business Leaders - Corridor Business Journal

Des Moines Business Record Forty under 40 Honoree 2018

2016 Banker of the Year - U.S. Bank

In the News:

New partnership group to acquire State Bank of Bussey - Business Record

Twin Cedars Bancorp completes acquisition of State Bank of Bussey - Business Record

Bussey bank to be acquired, renamed | Local News | oskaloosa.com

Twin Cedars Bancorp acquires State Bank of Bussey | Local News | oskaloosa.com

Skills & Experiences:

Organizational Leadership

Team Building

Strategic Planning

Product and Process Improvement

Governance

Regulatory filings

Capital Raising, Private Placements

Credit

Commercial & Industrial Lending

Development and Investor Lending

Tax Increment Financing

Lines of Credit-Commercial Real Estate Loans-Asset Based Lending (Factoring)

Government Guarantee Programs: SBA Finance capital loans for startup, acquisition, partner buyout or expansion 70%-100% financing (varies by industry). USDA Loans-Ag Lending (Real Estate, Operating lines, Livestock)

Equipment Finance (125% Financing, Capital Leases and Operating Leases)

Practice Finance for Dentist, Optometrists and Veterinarians: -Partner buyouts -Startup financing -Equipment loans -Working Capital

Complex Deposit and Treasury Management Services: Managing accounts (Better ways to control your money)

Security and Risk (Avoid fraud, both internal and external

Corporate Payment Systems

Merchant Card

Foreign Exchange

Global Trade