Alliance Bank Hires Peter Guggisberg as AVP

By Joyce C. Dimaculangan

Minnesota-based Alliance Bank is pleased to announce the hiring of Peter D. Guggisberg as Assistant Vice President, Commercial and Agricultural Lending located in New Ulm.

Peter Guggisberg Alliance BankGuggisberg brings more than 14 years of experience in commercial and agricultural lending to his new role. His expertise includes credit analysis, loans, portfolio management, and consumer lending.

Before joining Alliance Bank, he spent nine years with Bank Midwest, where he served as Agricultural/Commercial Lender and as a Loan Specialist. Prior to that, he was a Loan Officer at United Prairie Bank in New Ulm.

In addition, he volunteers his time for the community. Currently, he serves on the board of directors of the New Ulm Sleepy Eye Hockey Association, New Ulm Area Youth Football, and the New Ulm Economic Development Authority. He is also a member of the New Ulm Jaycees, and the Sertoma Club of New Ulm.

Guggisberg earned a bachelor’s degree in business administration from the University of Minnesota, Duluth.

About Alliance Bank
Alliance Bank is a privately owned community bank with nearly $550 million in assets that provides personal, commercial, agricultural, and private banking services. It operates through nine locations in Minnesota and Wisconsin. The company was founded in 1867 and is based in Lake City, Minnesota.

As a family owned bank, Alliance Bank is committed to remaining independent and providing personal interaction and timely decision making. Alliance Bank operates as a subsidiary of Alliance Financial Services, Inc. Additional information about the company is available at

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