Kip Hansen Promoted to Market President

Watertown, SD – Dacotah Bank executive vice president, Joe Senger, has announced the promotion of Kip Hansen to market president in Watertown.  Steve Dutenhoffer, Dacotah Bank’s regional president in Watertown has retired from banking this summer to return to his agricultural operation.


Dutenhoffer has been the market president since it opened.  Steve’s wife, Catherine, is on the Dacotah Bank, Inc. board of directors.  She will continue in that capacity.


Hansen is a 1992 graduate of South Dakota State University.  Kip completed the Graduate School of Banking and has been employed at Dacotah Bank for over 18 years.  He has experience in all aspects of lending and management.  Most recently Kip held the position of business banker.


Kip and his wife, Jeanne and their three children, Colton (10), Alana (8) and Lawson (6) reside in Watertown.  He enjoys golfing with his family and attending his children’s sporting activities. 


Kip’s office is located at 1310 Ninth Avenue SE in Watertown, and he can be reached at (605) 886-0645 or by email at  More information about Dacotah Bank is available at

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