MidCountry Bank announces expansion.
In a time when banks are not performing at their peak, MidCountry Bank is growing.

MINNETONKA, Minn.  (09-02-11) MidCountry Bank is pleased to announce the expansion of its equipment leasing division. Steve Meads, president of MidCountry Bank, announced that Michael J. McShane has been named president of MidCountry Equipment Finance (MCEF), previously known as OFC Capital Corporation.

McShane is an industry veteran who built Carlton Financial Corporation into a $100 million-plus enterprise over the course of 27 years. Several other new MCEF team members joining McShane include: Gregory Christianson, finance manager-leasing, who will oversee lease accounting; Sales Manager Steve Snater; and Becky Larson, who will serve as senior credit analyst and debt funding manager.

"We are pleased to have an accomplished professional like Mike and his team to lead our expansion," said Meads. "Their experience and expertise in leasing is a great addition to our company and, more importantly, to the business community."

MCEF will have its new offices at the MidCountry Bank headquarters located at 14525 Hwy 7, Suite 102, Minnetonka, Minn.

The new MidCountry Equipment Finance team of (from left to right) Finance Manager-Leasing Greg Christianson, Sales Manager Steve Snater, Sr. Credit Analyst and Debt Funding Manager Becky Larson, and President Michael McShane.