A Pinnacle Bank employee is retiring after more than 25 years in the business.
Ronald Sutter is the past president and current senior vice president of Pinnacle Trust Services. He began his career at the bank in 1994.
“It was Beatrice National Bank at that time,” he recalled. “Pinnacle bought us in 2002 and so my years at Beatrice National Bank were added on to that length. I’m 78 ½ years old and it’s time for some of the younger people to step in and take over, and for me to move on.”
Sutter said he’ll likely travel with his wife, but added that even though he’s retiring from the bank he may still do some legal work.
Before joining the bank, Sutter practiced law in Nebraska for 30 years, handing a wide variety of case types. He also served as the Gage County attorney for three years in the 1970s.
He represented people in divorce cases as well as criminal cases, and was also involved in the establishment of Burchard Lake, having represented the watershed district.
In his banking position, Sutter took care of business for people who couldn’t handle their own affairs, managing their investments, paying bills and handling taxes, among other items.
John Wells, president of Pinnacle Trust Services, said Sutter was an asset to the company and will be missed.
“He was a professional who never failed to do things the right way, for the right reasons,” he said. “We all learned a lot from him and will take that forward, but we’re very much going to miss his wit, wisdom and all the experience.”
Sutter recalled his 25-year banking career, and how the job changed over the years.
“We’ve had a good run at the bank with the trust department,” he said. “When I first came to Beatrice National Bank, it was about $14 million in managed assets. When Pinnacle bought us we had grown that to $60 million and then that gave us exposure to the rest of the state, so now it’s over $550 million.”
A retirement reception will be held in recognition of Sutter on Tuesday, April 30 at the Pinnacle Bank Trust Services Department, 523 Court St.
Cake and coffee will be served at the event, which is from 10 a.m. to 3 p.m.