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Fredrikson & Byron shareholder Karen L. Grandstrand received the Outstanding Director award for her work on the TCF board of directors. This annual award is presented by Twin Cities Business, in association with the National Association of Corporate Directors, for exceptional service to companies by outside board members. Honorees are selected by a panel of judges who look for specific criteria to be met by each nominee. All honorees are featured in the October edition of Twin Cities Business and celebrated at an awards event on October 13, at the Hyatt Regency Minneapolis.

Grandstrand is a nationally recognized financial services regulatory attorney, financial industry advisor and dealmaker. She advises clients on examination matters, compliance and enforcement actions, mergers and acquisitions, the recapitalization and acquisition of troubled banks, private equity and other investments in banking organizations, corporate governance, risk management, and payment system and trust matters. Prior to joining Fredrikson, she had a 14-year career with the Federal Reserve Bank of Minneapolis where she was initially in the Law Department and ultimately the Senior Vice President of the Banking Supervision and Risk Management Departments. In this position, she was the senior officer in charge of safety and soundness, consumer, CRA, trust, and IT examinations, as well as applications involving banks and holding companies.

Fredrikson & Byron is a 275-attorney law firm based in Minneapolis, with offices in Bismarck, Des Moines, Fargo, St. Paul, Monterrey, Mexico, and Shanghai, China. Fredrikson & Byron has a reputation as the firm “where law and business meet”. Our attorneys bring business acumen and entrepreneurial thinking to work with clients, and operate as business advisors and strategic partners, as well as legal counselors. More information about the firm is available at Follow us on LinkedIn and on Twitter @FredriksonLaw.


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