Our Business Associates

Arlyn Steffenson

Senior Vice President, Business Banking

Arlyn brings to his work more than 25 years' experience in business banking, including over 15 years at Monona Bank. "I think our business bankers excel at focusing on each customer and providing tailor-made solutions instead of packaged services." Arlyn is co-chair of the Monona Chamber of Commerce Ambassadors.

Call Arlyn at (608) 223-5149 or e-mail him at: asteffenson@mononabank.com.

Michael Flynn

Vice President, Business Banking

Mike has over 17 years of experience in business banking and commercial lending and is a strong believer in Monona Bank's community banking model. "The bank's associates, officers, and most of our shareholders, live in the communities our bank serves. We understand that for the bank to thrive, so must our clients and communities. That's why we take time to develop a continuing relationship with our clients, understanding their goals beyond just the transaction at hand." Mike is a director of the South Metropolitan Business Association and serves on the loan committee at Madison Development Corporation.

Call Mike at (608) 223-5148 or e-mail him at: mflynn@mononabank.com.

Ted Gunderson

Vice President, Business Banking

Ted has more than 25 years of experience in commercial financial services, and has been with Monona Bank since 2001. Ted has an expertise in commercial real estate lending and using the SBA 504 program. He is a small business owner and owns income property. He particularly enjoys volunteer endeavors, especially working with start-up enterprises, and feels that “it is truly satisfying to be able to help entrepreneurs make their plans become reality.” Ted is a member of the Monona Chamber of Commerce, served on the board of directors and was past treasurer of the Madison Area Community Land Trust and is the current president of the Monona TIP Club. He volunteers with and serves on the loan committee for the Wisconsin Women's Business Initiative Corporation (WWBIC). 

Call Ted at (608) 223-5159 or e-mail him at: tgunderson@mononabank.com.

Mark Kraemer

Vice President, Business Banking

Mark has over 26 years of banking experience in business banking, commercial real estate and consumer lending. As a small business owner himself, Mark truly understands both the rewards and the challenges of owning and managing your own business. Mark currently serves as a board member for the Madison Council of St. Vincent de Paul and is a member of the Sauk Trails Optimist Club.

Mark can be reached at (608) 223-5155 or via e-mail at: mkraemer@mononabank.com.

Laura Peterson

Vice President, Business Banking

Laura joined Monona Bank in 1996 and has been working in the banking industry for more than 25 years. Her experience includes business banking, commercial real estate, small business lending and consumer banking. Laura takes the time to understand her client's needs in order to recommend a unique banking package that best fits their business goals. She is proud to be a part of a community bank that encourages associates to volunteer in our communities. Laura is a member of the Cottage Grove Chamber of Commerce and the Optimist Club of Cottage Grove.

You can reach Laura at (608) 443-1980 or e-mail her at: lpeterson@mononabank.com.

Ryan Ackerman

Business Banker

Ryan Ackerman, is certainly not new to either Monona Bank or our community. Ryan has worked with us for more than 12 years, most recently as a Credit Analyst. Ryan knows that his four years of experience reviewing business loan applications will allow him to work well with small business clients to ensure their loans are approved quickly. As a graduate of both LaFollette High School and Edgewood College, Ryan understands the local market as well as the issues facing small business owners in today's economy. Having recently completed Commercial Lending School through Wisconsin Bankers Association, Ryan has a firm grasp of the commercial lending climate.

You can reach Ryan at (608) 223-2186 or e-mail him at: rackerman@mononabank.com

Jordan Casto

Business Banking Associate

Jordan has more than 10 years of banking experience which include loan servicing, credit analysis and business banking. Jordan’s experience analyzing business financial statements gives him the experience small business clients need in today’s lending climate. Jordan completed Commercial Lending School through the Wisconsin Bankers Association and Community Bankers of Wisconsin. He was born and raised in Madison and continues to volunteer for community events and organizations in the area.

To make your banking easier, call Jordan at (608) 663-2969 or e-mail him at: jcasto@mononabank.com.

Amos Pearson

Executive Banker

Amos brings more than 15 years of retail banking and consumer lending experience to his clients. As an Executive Banker, Amos works with our Executive Business clientele to make their banking easier. Amos grew up in Madison and now lives in McFarland with his wife and two children. As a community banker, he is passionate about the local communities he services, and volunteers with multiple organizations and events.

To make your banking easier, call Amos at (608) 395-2325 or e-mail him at: apearson@mononabank.com.

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