United Bankers’ Bank MIB FEATURED ASSOCIATE MEMBER At United Bankers’ Bank (UBB), “First for Your Success” is more than a tagline — it’s a commitment that has guided the nation’s first bankers’ bank since 1975. While the banking landscape has shifted dramatically over the past five decades, UBB’s role has remained constant: to provide community banks with the products, services and support they need, without ever competing against them. Leading the organization are Jim Amundson, CEO, and Jen Severson, President and CFO. Jim joined UBB in July 2025, bringing more than 30 years of community banking experience, including nine years as President and CEO of BankIn Minnesota, the association serving Minnesota’s community banks — much like MIB in Montana. Jen has been with UBB for five years and has more than two decades of experience spanning community, regional and de novo banks in credit, lending, finance and operations. We sat down with Jim and Jen to discuss the role of bankers’ banks, the challenges facing community banks today, and their deep commitment to serving financial institutions across the Midwest, including Montana. Tell us a bit about who you are and what you do at UBB. Jen: I serve as President and CFO. I’ve been with UBB for five years and took on the role of President in July 2025. I oversee risk, finance, accounting and business services. Jim: I’m coming up on a year with UBB in July, after spending most of my 30-plus-year career in community banking in the Twin Cities. As CEO, I oversee the major executive functions of the bank, and Jen and I work closely together to lead the organization. You both have deep community banking backgrounds. How has that guided your work? Jen: I’ve spent my entire career in community banking — from large regional banks to de novo start-ups to family-owned banks in several states. That range of experience, 12 Community Banker
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