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Table of Experts: Minnesota’s banking landscape

The Minneapolis-St. Paul Business Journal held a held a panel discussion about Minnesota’s banking landscape. Panelists included Troy Rosenbrook, president, Highland Bank; Steve Meads, president and CEO, MidCountry Bank; Heather Plumski, executive VP, chief financial and strategy officer, Stearns Bank; Todd Senger, senior VP corporate banking, Dacotah Bank; and Daniel Olson, shareholder, Bassford Remele. Kathy

Highland Bank Expands Locations

Highland Bancshares, Inc., parent holding company of Highland Bank, a locally and independently owned community business-focused bank, announces the successful completion of its merger of Boundary Waters Bank today.  Boundary Waters Bank had branches located in Woodbury, Blaine and Ely Minnesota, which held approximately $100 million in deposits. On December 9, 2022, Highland announced a

William Lehner Joins Bank Board of Directors

Highland Bank is pleased to announce that William (Bill) Lehner was elected to the Highland Bank Board of Directors on December 6, 2022. William (Bill) Lehner provides fractional IT Management and CIO services to clients, with specialization in the highly regulated industries of community banking, healthcare and local governments.  His career resume includes prior roles

Highland Bancshares Completes Acquisition of Boundary Waters Bank

Highland Bancshares, Inc., parent holding company of Highland Bank, a locally and independently owned community business-focused bank, announced the completion of its acquisition of Boundary Waters Bank today. Boundary Waters Bank has branches located in Woodbury, Blaine and Ely Minnesota, which hold approximately $100 million in deposits. This transaction sets forth a plan for future

Beneficial Ownership

Overview In May 2016, the U.S. government passed a new regulation regarding the beneficial ownership of legal entity customers. Going forward, it will be mandatory for all financial institutions to comply with this regulation by identifying the ultimate beneficial owner(s) and a controlling person of a legal entity customer opening or maintaining an account. In