Shane Deal

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Shane Deal
Minnesota Department of Commerce
Former Deputy Commissioner

Shane Deal was appointed deputy commissioner overseeing the Minnesota Department of Financial Institutions on June 3, 2013, by Minnesota Department of Commerce Commissioner Mike Rothman. Deal's career in the banking industry spans more than 20 years and includes senior positions within the industry. As deputy commissioner, Deal is responsible for regulatory oversight of state-chartered financial institutions and non-depository entities conducting business in the state of Minnesota, including state-chartered banks, thrift companies, credit unions, trust companies, finance companies, mortgage-related businesses and other licensees. Deal left his position at the Minnesota Division of Commerce in February 2017. He is also a former board member on the Conference of State Bank Supervisors' board of directors, and is the former chairman of CSBS' community bank steering committee. Deal is also active with the National Association of State Credit Union Supervisors, the American Association of Residential Mortgage Regulators and the Money Transmitter Regulators Association. Prior to his current position, Deal was senior vice president and market president at Bank Midwest, New Ulm, Minn. He also served as market president at North American State Bank in Willmar, Minn., and as community bank president at MidCountry Bank, Hutchinson, Minn. Deal graduated from Minnesota State University – Mankato with a bachelor's degree in finance and economics. He is also a graduate of the Graduate School of Banking at the University of Wisconsin-Madison. He also serves on the board of directors of the Conference of State Bank Supervisors and is chairman of CSBS' community bank steering committee.