Starion Bank has named Don Morgan CEO-elect. Morgan will also remain president, a position he has had with the bank for just over a year. Craig Larson will remain CEO and chairman of the board. With the additional responsibilities of CEO-elect, Morgan will focus more on the overall strategy and vision for the bank, in addition to his current management of the day-to-day operations for Starion Bank.
Morgan, a certified public accountant, has been with Starion since 2012 when he joined the bank as vice president for credit administration. The next year he was promoted to chief credit officer. In 2014, he became a member of Starion’s Executive Committee which is responsible for initiating key actions within the organization, reviewing financial data, and setting major project priorities. Morgan was most recently promoted to president of Starion Bank in January 2020.
“Don has been instrumental in many transformative initiatives in his time at Starion. With this new role he will continue to focus on exceeding the expectations of our customers and continued support of our communities,” explained Larson. “As a family-owned business, the most important ingredients for success are passion and dedication, two of Don’s most admirable qualities.”
In this new role, Morgan will have a more active role in the strategic positioning of the bank and its continued growth as he guides and develops Starion’s high-performance leadership teams. Morgan focuses on all operational aspects of the bank and building relationships with customers in all the communities Starion serves. He is based out of corporate headquarters in Bismarck, N.D.
“I’m humbled by the opportunity and excited to serve Starion Bank in this new role,” explained Morgan. “We will continue to be leaders in financial innovation to better serve our clients, the same way we have for over 50 years. As advisors, we are literally by their side helping to strengthen their financial futures. I am proud to be a part of a bank that values our customers and being stalwart supporters of the communities we all live in. “
Morgan has extensive banking and leadership experience, which includes 20 years of credit administration, commercial lending, market president, and internal auditing. A Wyoming native, he earned a bachelor’s degree in finance with an accounting minor from the University of Wyoming and a master’s in accounting from the University of Phoenix. Morgan enjoys serving on the boards of local community groups and is a guest partner for the Soil Conservation District and the North Dakota Grazing Coalition to promote holistic agricultural management.