Olson: Banking Through Relationships
Gabe Olson, vice president of commercial and industrial banking at West Bank, enjoys being a community banker because his career allows him to build relationships with his clients that go beyond the money. “I want to become a trusted member in my clients’ lives and continue relationships with the next generation of their businesses,” he said, “The best part of being a banker is the exposure to many different industries, management styles and financial goals.”
Olson’s advice to new bankers is to be patient and stay humble. He believes, “A memorable reputation in business and the community is not built overnight but can tarnish quickly. Keeping a sense of humility will help you overcome the bad times and stay grounded during the good times.”
When looking back on your banking career, what achievement are you most proud of and why?
The most fulfilling part of being a community banker is creating relationships that go beyond the money. I want to become a trusted member in my clients’ lives and continue relationships with the next generation of their businesses. Over the past two decades, I have also realized the true satisfaction and enjoyment from becoming an active member of the community. I feel very fortunate that West Bank fully supports my community involvement.
What piece of advice would you give to your past self or to anyone considering a career in banking?
Be patient and stay humble. A memorable reputation in business and the community is not built overnight but can tarnish quickly. Keeping a sense of humility will help you overcome the bad times and stay grounded during the good times.
What is your best elevator pitch for why banking is a great career?
The most memorable part of school as a child was the opportunity to go on field trips. My banking career allows for regular “work field trips” to learn about new businesses and experience how existing clients are continuing to improve their operations. The best part of being a banker is the exposure to many different industries, management styles and financial goals.
Additionally, everyone talks about work-life balance. My banking career has provided for a wonderful balance of both work, community involvement and family life.
How does getting involved with the Iowa Bankers Association help you and your bank?
The IBA has provided the opportunity for excellent peer networking and immense legislative involvement for myself and West Bank.
The IBA’s Leaders in Advocacy program provided an excellent foundation and continued education on the importance of advocating for our industry. Advocacy is a constant evolution, and first-hand experience is truly appreciated by both state and federal legislators when discussing any change in legislation that affects our industry.
When you’re not at work, what do you like to do most?
I started playing guitar in fifth grade and played in bands throughout college. Now, my daughters are my main audience on a weekly basis. I also love to cook. My Italian and Puerto Rican heritage comes through in a steady serving of my mom’s pasta sauce and rice and beans on our dinner table. I am a lover of all sports involving a board (snowboarding, skateboarding, and wakeboarding). I love sharing these sports with my daughters.