Valbracht Joins Pinnacle Bank Board of Directors

February 13, 2023

News Item Image

Pinnacle Bank is pleased to announce the addition of Stephen Valbracht to its board of directors.  Valbracht has spent the last 23 years in the aviation industry in central Iowa, and the past 14 years as co-owner of Midland Aircraft, Johnson Aviation, and Marshalltown Aviation.  This group of companies has been providing aircraft sales, management, maintenance, instruction, and airport services to central and eastern Iowa for 74 years.  In addition, he has served as manager of the Marshalltown Municipal Airport for the City of Marshalltown during the 14-year interval.  

“I’ve had the opportunity to witness Damon and the leadership team's excellence from a consumer's perspective.  I'm honored and excited for the opportunity to serve an organization so invested in the strength and growth of its customers and community,” Valbracht commented.  

Valbracht is an active member of the community.  He serves as secretary of the Iowa Business Aviation Association Board, past president and current board member of the Marshall County Arts and Cultural Alliance, and Marshalltown Planning and Zoning commissioner.  Past community involvement has included Marshalltown Rotary Club Board, Marshalltown County Economic Development Board, and Trails, Inc. Board.  Valbracht and his wife, Jillana, reside in Marshalltown and have three children.  

“The board of directors and officers of Pinnacle Bank are very pleased that Steve has agreed to join the bank as a director.  Steve is an accomplished businessman with a strong entrepreneurial spirit all while being very community minded.  I am impressed with Steve’s interest and research of the finance industry, and I am confident that his addition to the board of directors will help Pinnacle Bank fulfill its strategic plan and objectives,” stated Damon Morrison, President & CEO.

« Back