Kim Culp '73
People are confused about who Kim Culp is. Is he a salesman, a property manager, a developer, contractor, banker, property owner, syndicator, or a fundraiser? It depends on who you talk to and on what day. He is sure his wife believes he plays golf for a living.
Officially, Kim is the Chairman of the Minnesota Region of M&I Bank. He assumed this position with the sale of Century Bank to Marshal & Ilsley Corporation, the parent of M & I Bank, in 2002 for a reported $66 million in cash and stock. He founded the Eden Prairie based Century Bank with Sheldon Wert in 1991. That bank had 20% annual growth in deposits throughout the 1990's under his leadership. He is also currently the CEO and President of The Excelsior Group, Inc, a Real Estate services company based in Eden Prairie.
Kim came to banking from a long career in various aspects of real estate. He was founder and owner of The Shelard Group and is currently its CEO. He was founder and owner of a number of businesses including a construction company, a building maintenance company and a multi-family housing property management company. He is also currently a member of the Board of Directors of Ryan Construction and of the Marshall BankFirst Corp.
Kim is an "iron range Catholic" who graduated from St. Johns with a BS in government. Kim and his wife Carol (CSB '74) have five children aged 13 to 28. Currently he is an active community volunteer including membership on the Boards of Catholic Charities, Common Bond Communities, Common Hope, Minneapolis Community College and was recently the chair of a major capital campaign for Benilde-St. Margaret's High School.