NXGEN is honored with Family Business Award by MSU College of Business Family Business Program NXGEN is honored with Family Business Award by MSU College of Business Family Business Program

October 2014 –

NXGEN, along with 7 other Montana, Family-owned businesses, were recently honored at an awards ceremony at the 2014 Montana State University Jake Jabs College of Business & Entrepreneurship State Farm Insurance Family Business Day, on Friday, Oct. 10, at the Best Western Plus GranTree Inn in Bozeman.

The 2014 Family Business Day award winners were:

  • Gruber Excavating of Clancy in the very small business category (fewer than 10 employees);
  • Country Foods of Polson in the small business category (10-30 employees);
  • NXGEN Payment Services of Whitefish in the medium business category (30-50 employees);
  • Gary and Leo’s of Havre in the large business category (more than 50 employees);
  • Weaver Cattle Co. of Big Sandy in the old business category (operating at least 50 years);
  • Project Meats of Billings in the new business category (operating 10 or fewer years).
  • Special recognition award winners are Add-A-Tudez of Great Falls and Clark’s Fork of Bozeman. Robert “Bob” Nystuen, market president of Glacier Bank based in Kalispell, was the keynote speaker at the luncheon held prior to the award’s ceremony. Nystuen’s presentation, “Your Family Business—Is it in Your DNA?,” focused on how his family values molded him and his career. Nystuen also discussed his priorities, as well as big and little things, that created a measure of success for him, his teammates at Glacier Bank, and for their many stakeholders.

    A graduate of North Dakota State University, Nystuen started his banking career in Wahpeton, N.D. as an Agricultural Loan Officer with First Bank System, now known as U.S. Bank. His 21-year banking career with First Bank System included positions in the state of Minnesota as well as Livingston, Bozeman, and Miles City, Mont. He joined Glacier Bank in 1996 as Senior Vice President for Sales and Marketing, and was elected President in 2004. Today, Glacier Bank has total assets of $1.2 billion in their 15 branch offices located in western Montana, and operates with 300 dedicated employees.

    The Montana Family Business program is in its 21st year. The MSU JJCBE and State Farm Insurance, in honor of Robert Jaedicke, host the program. Stockman Bank underwrote the awards, with additional support for the program provided by the Montana Chamber of Commerce.

    About NXGEN

    NXGEN, with merchants in more countries than any other MSP, is Elavon’s number one ranked MSP. Founded in 2002, NXGEN’s 40% y-o-y growth is the result of continually offering clients innovations that matter. Scale, strength and security mean NXGEN merchants around the world benefit from single platform execution, a full suite of integrated products, value-added servicing, seamless merchant experience, depth management reporting, plus multi-billion dollar rate clout.

    At NXGEN we treat our customers, our partners, and our suppliers with Absolute Integrity, reciprocal Respect, and Excellence.

    Contact: Michael Jaffe, Sr. Director of Product Development and MARCOMM
    Phone: (406) 730-7033