Jeff Plagge was appointed by Iowa Governor Kim Reynolds to the position of Iowa Superintendent of Banking and began his service in September 2019.
Previous to the appointment, Plagge had worked in the banking industry for over 42 years. Over the past 26 years, he has served as president & CEO of three banks ranging from $92 million to $1.1 billion in size. Prior to accepting the position as Iowa Superintendent of Banking, he held the position as president & CEO of Northwest Financial Corp. (NFC) of Arnolds Park, Iowa. NFC is a two-bank, $2.6 billion, privately owned, financial services holding company.
Plagge has served the banking industry in many capacities, including serving as the Chairman of the American Bankers Association and Chairman of the Iowa Bankers Association. He is a former Board Member of the Federal Reserve Bank of Chicago, a past Chairman of the Chicago Federal Reserve Community Depository Institution Advisory Council and a past member of the Federal Reserve Banks Board of Governors Community Depository Institution Advisory Council in Washington DC. Plagge is also a Past Chairman of Delta Dental of Iowa and a past board member of Sheltered Harbor. He is also a past Chairman of The Clearing House Real Time Payments Advisory Committee.
Plagge currently serves on the boards of Northwest Financial Corp and its subsidiaries, Northwest Bank in Spencer, IA, First National Bank in Creston, IA and Northwest Wealth Management in Arnolds Park, IA. He also serves on the boards of the Conference of State Bank Supervisors and American Bankers Mutual Insurance, LTD.
Jeff is a native of Latimer, Iowa. He received a bachelor’s degree in Agriculture Business from Iowa State and is a graduate of the Graduate School of Banking at the University of Colorado-Boulder. He and his wife Sandy live in Spirit Lake, IA.