Phil J. Traxler

Senior Manager

Phil J. Traxler

Having walked in the shoes of my clients for most of my career, I have a deep respect for financial institutions serving their communities. I am honored to assist clients to help them become more successful and profitable so they can in turn better serve their communities.


Phil has financial institution industry experience with community banks since 1985. He is experienced in overall bank management, specializing in agricultural, commercial and real estate lending. He provides a wide range of risk management consulting services for clients, including allowance for Loan and Lease Loss methodology and risk rating review. Phil provides senior management and directors with guidance on how to identify, measure, monitor and control critical institutional risk exposure. He provides loan file review services, consulting services for stress testing loan portfolios, and he performs due diligence procedures for financial institutions. Phil is an author and co-author for Eide Bailly newsletter articles and other industry publications, and he is a frequent presenter on financial institution topics for client seminars.

When working with Phil, you can expect a deep knowledge of sound lending best practices. He also has the ability to provide you with insight on your lending guidelines. This knowledge will help your financial institution shore up its loan portfolio and make it even stronger and more profitable to your bottom line. You can expect a philosophy of a peer-to-peer approach when Phil works with you and your management team. You also will experience prompt, clear and consistent communication to effectively advise on the needs of your financial institution's loan portfolio.

As an avid outdoorsman, Phil's passion outside of helping financial institutions succeed, is to spend time with his son at their hunting lodge near Ortonville, Minn., and fishing in Wisconsin. He also enjoys woodworking and time at home or at the lake with his family.



  • The Risk Management Association (RMA)


  • Bachelor of Science, Agriculture Business Administration – University of Minnesota, Minneapolis
  • Graduate - Stanton University Management Academy
  • Attended various seminars, webinars and industry educational events relating to financial institutions


Client Work

  • Successfully planned and managed loan file reviews ranging in size from $5 million to $600 million.
  • Worked with several clients to alleviate regulatory oversight with credit quality issues



Community Involvement

  • Frequent speaker at financial intuition industry meetings and other professional associations on topics related to lending and industry-related issues