BNCCORP, INC. announced resignation of Tracy Scott as Chair of the Board of Directors of BNC and that Michael Vekich has been appointed to succeed Mr. Scott as Chair. Mr. Scott is a co-founder of BNC National Bank, the Company's banking subsidiary, and has served in various leadership positions at BNC National Bank and at BNC, most recently as Chair of the Board of BNC and as a member of BNC National Bank's Executive Credit Committee. Mr. Scott will remain on the Board of Directors of BNC and continue to serve on its Audit, Nominating and Corporate Governance, and Compensation Committees as well as a member of the Executive Credit Committee of BNC National Bank. Mr. Scott also remains active in the hospitality and oil businesses in the Bismarck area.
BNCCORP, INC. is a bank holding company of BNC National Bank (the Bank). The Bank is engaged in providing banking and wealth management services to businesses and consumers in its local markets. The Company operates community banking and wealth management businesses in North Dakota and Arizona from 11 locations. The Company operates through two segments: Community Banking and Holding Company. The Community Banking segment provides products and services, such as personal loans, commercial real estate loans, SBA loans, business and personal checking, cash management, as well as trust and wealth management services, and retirement plan administration. These products and services are supported through Web and mobile-based applications. It earns interest primarily on loans and debt securities, bank card fees, loan fees, services charges on deposits, and fees on wealth management services. The Holding Company segment consists of management fees charged to the community banking services.
BNCCORP, INC. 
