Community First Appoints Dean Kling and Doug Vang to Senior Vice President Positions

Apr 12, 2001, 01:00 ET from Community First Bankshares, Inc.

    FARGO, N.D., April 12 /PRNewswire/ --
     Community First Bankshares, Inc., (Nasdaq:   CFBX) today announced the
 appointment of Dean Kling as senior vice president, financial services program
 manager, and Douglas Vang as senior vice president and director of human
 resources.
     "Both Dean and Doug bring extensive experience to assist Community First
 in developing and implementing corporate strategies," said Mark Anderson,
 president and CEO of Community First Bankshares.
     Kling has more than 17 years of banking experience and joins Community
 First from Wells Fargo Bank North Dakota, N.A.  His background includes work
 in audit, credit review, business banking, brokerage, trust and private
 banking.  He received a B.S. degree in accounting from Minnesota State
 University, Moorhead.  He currently resides in Fargo, N.D., and is a member of
 the North Dakota Society of Certified Public Accountants.
     "Dean's extensive and proven financial background will bring additional
 insights to assist Community First as it competes in the financial services
 industry," said Anderson.  "Dean has worked with a diversified client base,
 including individual and institutional clients, and brings experience to
 further enhance our delivery of financial services.  He has been consistently
 recognized as a top sales representative in brokerage and as a top performer
 for sales and service excellence."
     Kling said, "I look forward to developing strategic initiatives that will
 help grow the financial services business at Community First, contributing to
 the company's history of profitability."
     Vang joins Community First from Banner Health Systems, Fargo, N.D., where
 he held a number of positions of increasing responsibility, most recently
 senior vice president and chief operating officer.  During his years with
 Banner Health, he earned a reputation for building high performance teams and
 developing performance measures and incentive programs that significantly
 improved productivity and contributed meaningfully to the overall success of
 the company.  Vang received a B.S. Summa Cum Laude and a J.D. with
 Distinction, both from the University of North Dakota.
     "Doug brings a wealth of experience and ability and a very high energy
 level to Community First," commented Anderson.  "Health care and banking are
 both businesses that succeed by determining the needs of the customer and then
 meeting those needs with exemplary client service.  In both industries,
 employees are the key to providing this service.  Doug has extensive
 management experience working across a geographically diverse organization and
 in managing change.  He also has a proven track record of developing effective
 service satisfaction and performance evaluation measures that lead to enhanced
 quality of service, as well as more effective employee compensation programs."
     Vang commented, "I am excited by the challenges posed by the changing
 financial services industry.  Community First realizes that it must broaden
 the scope of its services in this environment, and I look forward to helping
 implement the company's strategies through a range of human resource
 initiatives."
 
     About the company
     Community First Bankshares, a financial services company with $6 billion
 in assets, operates full-service banking offices in 155 communities in
 12 states -- Arizona, California, Colorado, Iowa, Minnesota, Nebraska, New
 Mexico, North Dakota, South Dakota, Utah, Wisconsin and Wyoming.  The company
 offers a diverse array of financial services, including investments,
 insurance, mortgage and trust, with a focus on small business lending.  The
 company is the number one or two market-dominant bank in a majority of the
 communities it serves.  Community First's stock is traded on The Nasdaq Stock
 Market(R) under the symbol CFBX.  The latest investor and other corporate
 information is available at its web site, http://www.CommunityFirst.com
 
     This press release contains forward-looking statements under the Private
 Securities Litigation Reform Act of 1995 that are subject to certain risks and
 uncertainties that could cause actual results to differ materially from
 historical earnings and those presently anticipated or projected.  The company
 wishes to caution readers not to place undue reliance on any such
 forward-looking statements, which speak only as of the date made.  Factors
 that could cause actual results to differ from the results discussed in the
 forward-looking statements include, but are not limited to:  risks related to
 the company's acquisition strategy, including risks of adversely changing
 results of operations and factors affecting the company's ability to
 consummate further acquisitions; risk of loans and investments, including
 dependence on local economic conditions; competition for the company's
 customers from other providers of financial services; possible adverse effects
 of changes in interest rates; balance sheet and critical ratio risks related
 to the share repurchase program, and other risks detailed in the company's
 filings with the Securities and Exchange Commission, all of which are
 difficult to predict and many of which are beyond the control of the company.
 
 

SOURCE Community First Bankshares, Inc.
    FARGO, N.D., April 12 /PRNewswire/ --
     Community First Bankshares, Inc., (Nasdaq:   CFBX) today announced the
 appointment of Dean Kling as senior vice president, financial services program
 manager, and Douglas Vang as senior vice president and director of human
 resources.
     "Both Dean and Doug bring extensive experience to assist Community First
 in developing and implementing corporate strategies," said Mark Anderson,
 president and CEO of Community First Bankshares.
     Kling has more than 17 years of banking experience and joins Community
 First from Wells Fargo Bank North Dakota, N.A.  His background includes work
 in audit, credit review, business banking, brokerage, trust and private
 banking.  He received a B.S. degree in accounting from Minnesota State
 University, Moorhead.  He currently resides in Fargo, N.D., and is a member of
 the North Dakota Society of Certified Public Accountants.
     "Dean's extensive and proven financial background will bring additional
 insights to assist Community First as it competes in the financial services
 industry," said Anderson.  "Dean has worked with a diversified client base,
 including individual and institutional clients, and brings experience to
 further enhance our delivery of financial services.  He has been consistently
 recognized as a top sales representative in brokerage and as a top performer
 for sales and service excellence."
     Kling said, "I look forward to developing strategic initiatives that will
 help grow the financial services business at Community First, contributing to
 the company's history of profitability."
     Vang joins Community First from Banner Health Systems, Fargo, N.D., where
 he held a number of positions of increasing responsibility, most recently
 senior vice president and chief operating officer.  During his years with
 Banner Health, he earned a reputation for building high performance teams and
 developing performance measures and incentive programs that significantly
 improved productivity and contributed meaningfully to the overall success of
 the company.  Vang received a B.S. Summa Cum Laude and a J.D. with
 Distinction, both from the University of North Dakota.
     "Doug brings a wealth of experience and ability and a very high energy
 level to Community First," commented Anderson.  "Health care and banking are
 both businesses that succeed by determining the needs of the customer and then
 meeting those needs with exemplary client service.  In both industries,
 employees are the key to providing this service.  Doug has extensive
 management experience working across a geographically diverse organization and
 in managing change.  He also has a proven track record of developing effective
 service satisfaction and performance evaluation measures that lead to enhanced
 quality of service, as well as more effective employee compensation programs."
     Vang commented, "I am excited by the challenges posed by the changing
 financial services industry.  Community First realizes that it must broaden
 the scope of its services in this environment, and I look forward to helping
 implement the company's strategies through a range of human resource
 initiatives."
 
     About the company
     Community First Bankshares, a financial services company with $6 billion
 in assets, operates full-service banking offices in 155 communities in
 12 states -- Arizona, California, Colorado, Iowa, Minnesota, Nebraska, New
 Mexico, North Dakota, South Dakota, Utah, Wisconsin and Wyoming.  The company
 offers a diverse array of financial services, including investments,
 insurance, mortgage and trust, with a focus on small business lending.  The
 company is the number one or two market-dominant bank in a majority of the
 communities it serves.  Community First's stock is traded on The Nasdaq Stock
 Market(R) under the symbol CFBX.  The latest investor and other corporate
 information is available at its web site, http://www.CommunityFirst.com
 
     This press release contains forward-looking statements under the Private
 Securities Litigation Reform Act of 1995 that are subject to certain risks and
 uncertainties that could cause actual results to differ materially from
 historical earnings and those presently anticipated or projected.  The company
 wishes to caution readers not to place undue reliance on any such
 forward-looking statements, which speak only as of the date made.  Factors
 that could cause actual results to differ from the results discussed in the
 forward-looking statements include, but are not limited to:  risks related to
 the company's acquisition strategy, including risks of adversely changing
 results of operations and factors affecting the company's ability to
 consummate further acquisitions; risk of loans and investments, including
 dependence on local economic conditions; competition for the company's
 customers from other providers of financial services; possible adverse effects
 of changes in interest rates; balance sheet and critical ratio risks related
 to the share repurchase program, and other risks detailed in the company's
 filings with the Securities and Exchange Commission, all of which are
 difficult to predict and many of which are beyond the control of the company.
 
 SOURCE  Community First Bankshares, Inc.