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Highland Bank, a locally and independently owned community business-focused bank, signed a definitive agreement on August 17, 2022 to purchase Boundary Waters Bank, pending regulatory approval.  Boundary Waters Bank has branches located in Woodbury, Blaine and Ely Minnesota, which hold approximately $100 million in deposits.  The acquisition is expected to be complete by the end

For some entrepreneurs, the types of businesses to start are obvious from the get-go. For others, a little more soul-searching might be in order. And finding the best answer to that question you keep asking yourself—”What kind of business should I start?”—certainly deserves a good bit of attention. Because deciding what kind of business to start

Pay a credit card a month late, and you can count on it hurting your credit score. But there are some murkier areas you may wonder about: What happens if I marry someone whose credit is a lot worse than mine? Could my library fine from five years ago keep me from getting approved for

We are proud to announce that Twin Cities Business has selected Highland Bank as a 2019 Minnesota Family Business Award Honoree! 

Bank Accounts to Open for Your Small Business One of the most important decisions you’ll make when starting a business is choosing the right bank accounts. As an entrepreneur, you’ll…

At 21, you’re a financial adult. But chances are you still don’t know what you don’t know. We asked personal finance experts and financial planners what newly minted adults need to know about money. Their bottom line: Be sure your balance sheet includes some joy, too. How to think about money A job you love

A credit score can be key to unlocking many firsts — an apartment, a car loan, or a mortgage. But when you’re starting out, getting a score is maddeningly elusive. Many lenders are reluctant to extend credit unless you already have experience with credit. Credit bureau Experian wants to ease that Catch-22 for credit novices