FOR IMMEDIATE RELEASE

MidCountry Bank names Steve Meads new President.

Minnetonka, Minn. (09-23-10) MidCountry Bank has named financial industry veteran Steve Meads as its new president. Meads is now responsible for leading the growth of the bank in each of the communities it serves.

"We are very excited to have such an exceptional individual on our team who demonstrates the characteristics for which our company was built: local community spirit, and our core values of integrity, honesty, fairness, compassion and excellence," said Bob Hatcher, chief executive officer of MidCountry Financial Corp, the bank’s holding company.

Meads graduated from Carleton College with a Bachelor of Arts in Economics, and earned his MBA in Finance from the University of Wisconsin-Madison. He has nearly 25 years of financial services industry experience, most recently serving as president and CEO of Bremer Bank in the Twin Cities. He is also the Chairman of the YMCA of Greater Saint Paul, Minn., and is active on the board of the Woodbury Community Foundation.

For more information about this announcement, or to schedule an interview, contact Robin Roberts at 952-653-4106.