Thirteen years after he founded Community First Bankshares, Donald R. Mengedoth stepped down as chief executive officer of the Fargo, N.D., company in May to focus on his new role as president of the American Bankers Association.

Mr. Mengedoth, who takes over as ABA president this week, brings nearly 35 years of banking experience to the post. He began his career at Midland National Bank in Milwaukee and later headed operations, credit cards, retail banking, and other divisions at the former First Bank Systems of Minneapolis, which bought Midland in 1977.

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