Todd Peterson To Retire After 43 Years In Banking

Feb 11, 2021 | Regional News

Torrington, Wyo. (RELEASE from Pinnacle Bank) February 11, 2021 — After 43 years in banking, Todd Peterson, Pinnacle Bank Regional President, has officially announced he intends to retire March 31.  Wade Bruch, currently Senior Vice President, will become the Market President for the Torrington branch.

Peterson started his career in banking in 1978 as a loan officer with Farm Credit in Scottsbluff, NE.  Todd’s early banking career would see him work for three different financial institutions, taking him across Nebraska and Wyoming, before he would make his final move to Pinnacle Bank.  

In March of 1997 he joined the Pinnacle family as the President of the Mitchell, NE branch and later returned to his hometown of Torrington in 1999. He would spend the next 22 years leading as the Regional President.  Throughout these years, the Torrington branch grew from $51 million in loans to $150 million in loans, establishing Pinnacle Bank as a premier banking team.

Todd has spent the past year working with and preparing Bruch to continue his legacy of remarkable customer service, helping customers attain their dreams, and leading a staff who is committed to bettering Goshen County.

“Todd has set an extremely high bar,” said Doug Weedin, CEO and President of Pinnacle Bank – Wyoming. “He was not only instrumental in Goshen County development, but he was pivotal in Pinnacle Bank’s growth.  We are grateful for his contributions throughout these two decades, and know Wade will continue to build on this success”

“Todd’s sense of humor, exceptional relationship building, and great cooking will be missed by all of us,” added Bruch. “I’m grateful to have had his mentorship, guidance and leadership, and I’m honored to follow in his footsteps.”

Throughout his four decades in the financial industry, Todd always remained committed to playing an active, engaged role with his family.  Todd’s retirement is going to allow him and his wife, Maggie, to spend more time with their four children and chasing their seven grandchildren.

Due to COVID-19, Peterson’s retirement celebration will be quite different from the large, celebratory open house the bank had hoped to host in his honor.  Instead, Pinnacle Bank is asking customers and community members to share their well wishes by either sending a card (2000 Main Street) or submitting a 10-15 second video message to [email protected].   The video messages will be posted on the Bank’s Facebook page, as well as compiled on a disc and given to Peterson.