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First Security Welcomes David Ragsdale and Travis Martinek

First Security Welcomes David Ragsdale and Travis Martinek

February 25th, 2021: The First Security Bank & Trust Board of Directors and President/CEO Kurt Herbrechtsmeyer are pleased to announce that David Ragsdale and Travis Martinek have joined First Security Bank.

Ragsdale and Martinek started working in the bank’s credit department in January. They will both be responsible for analyzing financial statements and preparing loan presentations with the goal of evaluating the financial condition of customers and those applying for credit. However, Ragsdale has joined in a supervisory role, and will take on the additional duties of scheduling the review cycle and providing training for other credit analysts and new lenders.

Ragsdale joins the bank with financial and banking experience. He was previously Vice President at Black Hawk County Abstract and Title. Before that, he held managerial positions in the retail area of two different banks and performed full-service lending.

Ragsdale grew up in Reinbeck and graduated from high school there. He is a graduate of the University of Northern Iowa (UNI) and lives in rural Parkersburg with his family. He, his wife, and two boys enjoy spending time doing outdoor activities and playing sports.

Martinek brings banking experience to the position as well. He worked in the credit and lending side for a bank in Des Moines before deciding to move closer to family in Northeast Iowa. After moving, he worked as Branch Manager and Lender for another local bank before choosing to start as a Credit Analyst for First Security. Additionally, Martinek has experience in the investment advisory side of the financial industry and holds degrees in Finance and Real Estate from UNI.

Martinek is recently married and, when not at work, he and his wife enjoy exploring new breweries, playing board games, and being active outdoors. Now that they live closer to home, they look forward to spending more time with family.

First Security Bank & Trust has locations across North Central Iowa and headquarters in Charles City. Member FDIC.

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