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About Us

Where we came from, who we are and what drives us to keep raising the bar on banking.

  • 1943
    1943Hello, Highland Park

    As signs of a post-war population boom began springing up across Saint Paul, our founders raised the iconic sign outside our first branch, marking the bank’s charter.

  • 1973
    1973New Era, New Name

    Wide ties, wide lapels and platform shoes changed the way we got up, dressed up and showed up, and we changed our name to Mid America State Bank of Highland Park.

  • 1981
    1981 Meet “The Highland Bank”

    Local real estate developer Fred Wall bought the bank, ushering in a decade of giving new life to office parks, mobile home parks and places to park your money.

  • 1984
    1984 Hello, Bloomington

    As the city grew, the bank did too. By the mid-80s, Mid America State Bank of Highland Park had a new branch to serve the homeowners and businesses of Bloomington.

  • 1990
    1990Meet Security Bank

    Fred Wall added a new branch in Maple Grove after acquiring Security State Bank of St. Michael, then gave us yet another new name: Security Bank Northwest.

  • 1995
    1995 Goodbye “The”

    Hello, Highland Bank. With offices in St. Michael and Maple Grove, Security Bank Northwest merges with The Highland, and Fred Wall changes the name for the third and last time.

  • 2004
    2004 Small Business Focus

    By the mid-2000s, Highland Bank had established itself as a business bank, officially qualifying for preferred SBA lender status.

  • 2008
    2008 Expanding Our Footprint

    Highland Bank merged with Ridgedale State Bank, adding $100 million in assets and two new locations.

  • 2023
    2023 Rising Above the Bar

    Highland Bank acquired Boundary Waters Bank, adding branches in Woodbury, Blaine and Ely and advancing our mission to rise above the bar for our customers.

Who We Are

Highland Bank is a privately held, family-owned community bank that strives to meet the needs of every customer by building relationships based on integrity and respect. We go above and beyond, delivering tailored solutions that fit the unique needs of each individual and business that banks with us.

Our mission: to improve the financial, social and professional prosperity of those we serve.

Supporting our community for decades, Highland Bank has seen strong, steady growth, accumulating over $800 million in assets and seven offices from the Twin Cities to Ely. We’re well-established, well-capitalized and ready to help our community keep reaching new heights of success.

Our Mission

Committed to your prosperity and to forging relationships based on integrity and respect.

  • Our Customers

    We strive to go the extra mile in every customer interaction. It starts by listening, learning and providing you with tailored banking solutions for your unique financial circumstances and needs.

  • Our Communities

    Through our Charitable Giving program, we offer grants and employee match to support local causes that enrich our community. We back that up by supporting volunteer initiatives, working in partnership with local charities and encouraging our staff to volunteer their time and talents regularly.

  • Our Employees

    We recognize and value each employee as an integral part of the team. Our investment in team success centers on open and honest communication, skills-based training, professional growth opportunities and comprehensive resources.

  • Our Shareholders

    As a family-owned organization, we strive to produce value that continues to raise the bar. Our stakeholders are the driving force behind our ongoing pursuit of banking excellence.

    Board of Directors

    Meet Highland Bank’s Board of Directors, the people who play a pivotal role in guiding our organization’s success.

    • Rick Wall

      Chief Executive Officer, Highland Bank

      Owner, Chairman

      View Bio

    • John Wall

      President, Wall Companies

      Owner, Director

    • Christine Battist

      Financial Executive

      Director

    • Steven Faber

      President, Midland Real Estate Services, Inc.

      Director

    • Elizabeth Lee

      Vice President, Acquisitions, Wall Companies

      Director

    • Bill Lehner

      Director of Bank Advisory Services, UFS Tech

      Director

    • Paula Phillippe

      Senior Consultant, Human Resources

      Director

    Find a Branch

    Looking to chat in person? Find a Highland branch near you.

    Branches  about Find a Branch

    Our Team

    Get to know our people.

    Meet Our Team  about Our Team

    Contact Us

    Questions? Let’s connect.

    Learn More  about Contact Us

    Careers

    Grow with us.

    See Openings  about Careers

    Community Involvement Program

    Learn More 

    Highland Bank News

    02 / 18 / 2026

    Commercial Banking in 2026: A Panel on SBA, M&A, and Market Realities

    Highland Bank’s VP, Commercial Banker, Joe Veliz, joins panel discussion hosted by VR Mergers & Acquisitions, Business Appraisal, MN. This session is designed for business leaders seeking clear insight on how to make key banking and lending decision in what is panning out to be a volatile year.
    View Commercial Banking in 2026: A Panel on SBA, M&A, and Market Realities
    02 / 06 / 2026

    Highland CEO Discusses How Real Wealth Comes From Owning Capital

    Highland Bank CEO, Rick Wall, sat down with longtime friend and business partner Rick Brimacomb for an in‑depth conversation on leadership, family business dynamics, entrepreneurship, and the evolving world of community banking. Wall reflects on growing up in an entrepreneurial household, the intentional governance structures his family put in place to support multigenerational collaboration, and […]
    View Highland CEO Discusses How Real Wealth Comes From Owning Capital
    01 / 15 / 2026

    Elizabeth Lee BOD Announcement

    Highland Bank Welcomes Elizabeth Lee Back to Board of Directors Highland Bank is pleased to announce that Elizabeth Lee has rejoined its Board of Directors. Elizabeth currently serves as Vice President of Acquisitions at The Wall Companies and previously served on Highland Bank’s Board, bringing both valuable institutional knowledge and fresh perspective to her role. […]
    View Elizabeth Lee BOD Announcement
    View More