Finance - Meet SFB's Insurance Lending Team

At Security Financial Bank (SFB), we are serious about our commitment to the insurance industry. That’s why we assembled a team dedicated to understanding the nuances of the insurance industry in order to best serve the banking needs of our insurance agency clients. Collectively, the team has well over 100 years of banking experience including many years of expertise in the insurance field.

Paul Rudersdorf is the President and CEO of SFB. Paul has more than 35 years banking experience. With both a CPA and an MBA, Paul enjoys advising insurance agents through the acquisition process. As a lifelong learner, Paul inspires the SFB team to continually be educated and informed on insurance-related issues, which will help us understand the industry and in turn, our clients.

As a leader on SFB’s Insurance Lending Team, Curt Van Auken has been in banking for more than 45 years and has personal experience with an agency acquisition. He served five years as president of a Minnesotabased bank and its insurance agency. The agency was successfully sold. Using the knowledge he gained through this experience combined with his industry knowledge, over the years Curt has helped numerous insurance agents with their banking needs, including acquisitions, buyouts and refinancing projects.

Our newest member, Kimberly Bunce brings a fresh perspective to the team. During her tenure with SFB, she has been involved with a complicated, ever-changing partner buyout that morphed into a partner buydown over a five-year period. Kimberly’s experience as a CPA and her attention to detail helped the transaction run smoothly. Kimberly has since been involved in additional projects for the same owners as well as acting as a key advisor for other professionals. Deirdre Tumm has 20 years of banking experience. Deirdre’s specialty is in cash management. She has used her expertise to help seamlessly guide our insurance agency clients with their depository needs and specialized business services. Some of those services include remote deposit capture, positive pay and ACH services. She brings value to our insurance agency clients as she implements products and services that provide direct benefits to their agency.

A host of SFB employees, including our primary insurance analyst, Cole Crabb, backs the team. We’ve learned that insurance agencies are unique and not just like any average operating company. SFB utilizes Cole’s precise knowledge in order to underwrite agencies properly. He holds a bachelor’s degree in accounting and has five years in the industry including underwriting several complicated insurance agency deals.

What all of our team members enjoy the most is helping our insurance agency clients fulfill their dreams. If you have questions or concerns about an upcoming project, feel free to contact Curt, Kimberly or Deirdre at 888-2540615. Whether it is to verify you are on the right track with your current financial institution or if you just want to explore another option, as an IIAW supporter we are more than happy to provide you free advice.

SFB CEO & President