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Andrea K. Murphy.

Byline: Todd Nelson

Title/Company: Vice president, commercial lender, Northeast Bank

Education: B.A., economics with emphasis in finance, St. Olaf College

Family: Husband, Jade; twins, son Declan, daughter Emerson

Andrea Murphy relied on resourcefulness, creativity and networking after Northeast Bank promoted her to commercial lender during the recession.

Murphy partnered with local government programs and nonprofits to find loan partners and solutions for clients.

"That's where my passion lies, being resourceful and making the best structure decision for not just the bank but for the borrower too," Murphy said. Volunteering Murphy donated more than 100 hours last year to nonprofits and boards helps make connections that get deals done.

Murphy is a board member and treasurer of Rise Inc. and serves on the Friends of the Ramsey County Libraries development committee, the National Association of Women Business Owners' programming committee and WomenVenture's loan committee.

What's the biggest turning point in your career and how did that lead you to what you are doing today?

Becoming a lender in the recession and having a bank that was confident in my abilities and kept me around.

What are your job responsibilities today?

Commercial lender and security officer for our New Brighton location. Along with my various volunteer efforts in the community.

What's your proudest community achievement?

Our location moved from Columbia Heights a few years ago. We were in that community for more than 30 years. We secured one of the largest grants our bank foundation has ever done for Columbia Heights' new library, which was tremendous because that community is so important to us.

What's the best advice you received from a mentor, and what's your best advice to women entering your field?

My mom told me, "Be more afraid to say no when an opportunity arises, than yes. If you say no too much they're going to stop asking. You may fail but that's how you learn."

My late boss, Larry Pietrzak, epitomized the value of face-to-face communication with clients.

(To women entering the field): We need more of you in commercial banking. You can have a fantastic career and give back to the communities you serve.

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Publication:Finance and Commerce
Date:Nov 16, 2018
Words:386
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