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Opportunities, Challenges, and Strategies for Lower Middle Market M&A Deals in 2024

December 2023 – It’s that time of year again when analysts try to predict what’s to come for lower middle market M&A deals in the coming year. In this case,…
View Opportunities, Challenges, and Strategies for Lower Middle Market M&A Deals in 2024

Highland Bank President Attends National Meeting For Community Bank Leaders

St Paul, MN – Community bankers around the country gathered in Washington this past week to discuss the latest challenges currently facing community banks across the country, according to Troy…
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Highland Bank Honored for Community Commitment

The Minnesota Bankers Association (MBA) has recognized 90 Minnesota banks for their community involvement. Banks play a vital role in their communities and to honor and recognize their involvement, the…
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Lee named Chief Operations Officer

Highland Bank is pleased to announce the promotion of Sue Lee to Chief Operations Officer, effective October, 2023. Sue joined Highland in 2008, as the bank completed its acquisition of…
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Table of Experts: Cybersecurity

The Minneapolis-St. Paul Business Journal held a panel discussion recently about cybersecurity. Panelists included Emy Johnson, chief security officer at Allina Health; Wolf Lewis, regional vice president, Comcast Business Midwest…
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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…
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Five Things to Look for in an M&A Partner for Smaller Deals

June 2023 – Community banks are vital partners for smaller M&A deals. That’s because senior lenders at large national banks and regional banks typically shy away from financing M&A deals…
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Highland Bank takes part in the Table of Experts Sustainability Forum

St Paul, MN, April 2023 –Commercial Banking Officer Michael Linder recently joined forces with other local industry experts to address the topic of sustainability. Facilitated by Carla Inderrieden, of the…
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An Open Letter to Our Customers Regarding Recent Bank Failures

At Highland Bank we take great pride in the open and trusted relationship that we cultivate with our customers.  So, when news reports like the bank failures of Silicon Valley…
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Highland Bank Appoints Dan Lee to Board of Directors

At the December 6, 2022 meeting of the Highland Bank Board of Directors, Dan Lee was appointed as a Director of Highland Bank. Dan began with Highland in 2009, when…
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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…
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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…
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Highland Bank Introduces New Payment Processing Product for Small Businesses

Highland Bank is pleased to expand digital banking services to the business community with the addition of Autobooks.  Autobooks is a payment solution that is both easy to use and…
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Angie Trocke receives the Finance & Commerce Top Women in Finance Award

Finance & Commerce presented its prestigious Top Women in Finance Award to Angie Trocke for achievements in the finance industry and our community. Andrew Dahlen, Director of Commercial Banking shared…
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Highland Bank Breaks Ground on New Branch Office in St. Michael Business District

Highland Bank celebrated the ground breaking of its St Michael branch, the latest in its commitment to modernize facilities and invest in the communities it supports.  Representatives from Highland Bank,…
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Highland Bank to Acquire Boundary Waters Bank Locations

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…
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Highland Bank Supports Community Redevelopment With New Branch Construction Project

Leading community bank moving to better serve clients and community ST. MICHAEL, MN, August 11, 2022 – Highland Bank, a locally- and independently-owned community business-focused bank, announced today that its St. Michael…
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Bel13ve in Recovery

If you were local to the Twin Cities in 2011 you likely remember the tragic accident that changed the life of a promising local hockey athlete forever.  That day, an…
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6 Ways To Make Your Business More Agile

The onset of the COVID-19 pandemic was disruptive for many small businesses. However, there are insights that can be drawn from this experience — and these could help your business…
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Should You Become Your Own Boss?

Maybe you’re cringing at the thought of going back to an office. The seed of a business idea floats around in your head between work videoconference calls, after the kids…
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With Student Loan Payments Set to Return, Here’s How to Get Help

For 42.9 million student loan borrowers, it’s been 18 months without a payment. That ends in October — ready or not. The interest-free federal student loan payment pause, known as…
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4 Small Business Innovations That Will Outlast the Pandemic

Small businesses that survived the COVID-19 pandemic still face a long road to recovery, but some of the innovations business owners adopted last year may outlast the pandemic itself. “If…
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Protect Yourself and Loved Ones from Senior Financial Abuse

Seniors are increasingly becoming targets for financial abuse. As people over 50 years old control over 70 percent of the nation’s wealth, fraudsters are using new tactics to take advantage of…
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Joe Veliz Promoted to Commercial Banker

Please join us in congratulating Joe Veliz on his well-deserved promotion to Commercial Banker! Joe joined the bank as a Small Business Banker in 2016 and has successfully managed a…
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What Kind of Business Should I Start?

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…
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SBA Learning Platform

SBA’s online learning programs are designed to empower and educate small business owners every step of the way! Did you know that the Small Business Administration (SBA) offers FREE online…
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How to Protect Your Credit When Shopping for the Holidays

The rules for protecting credit during the holidays usually don’t vary much from year to year, but in 2020, COVID-19 has changed where and how we shop. And money’s tight…
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Nutanix Solutions Improve Infrastructure Reliability and Business Continuity

San Jose, California – October 15, 2020: Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, announced today that Highland Bank, a privately-held, business focused bank implemented Nutanix hyperconverged infrastructure (HCI) to enable…
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10 Money Hacks for First Time Parents

As a first-time parent, you’ve probably been warned about sleepless nights, feeding struggles and the persistent fear that you have no idea what you’re doing. But did anyone mention the…
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Becoming an Entrepreneur Starts With Changing Your Mindset

After being laid off as a journalist, Dorie Clark realized that being her own boss was the best way forward. In the next several years of self-employment, she discovered one…
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Fuel Your Business’ Success – Find a Mentor

Owning your own business puts you in the driver’s seat, but the road to success isn’t always clear. A business mentor — someone who’s made mistakes, learned lessons and has…
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8 Things That Won’t Hurt (Whew!) Your Credit

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…
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3 Things To Do When You Get a Salary Increase

Bravo! Everyone wants to make more money, and you’ve managed to do just that. Whether you received a raise or took a higher-paying job, a salary increase is something to…
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Yes, You Should Ask Your Parents About Their Financial Plans

Parents are often more than happy to offer financial advice to their kids. They like to feel needed and want to make sure you’re on solid financial ground. But it’s…
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Ditching Credit Cards? Here’s What Could Happen to your Score

Maybe you’ve been ordering too much stuff on Amazon or watching your bank account shrink after spring break travel. When your spending spins out of control, one way to rejuvenate…
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Are You Picking the Wrong Money Goals?

Setting smart, achievable goals is important if you want to take charge of your financial life. But many of us are surprisingly bad at choosing the goals that actually matter…
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Financial Literacy for Kids

No matter how enthusiastic you are, trying to formally teach finance to kids is a tall order that is likely to make their eyes glaze over. Hold their attention by keeping…
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How to Write a Will That Won’t Trigger a Family Fued

Creating an estate plan is a gift to the people you leave behind. By expressing your wishes, you’re trying to guide your loved ones at a difficult, emotional time. All too often,…
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Profit and Loss: Why Some Industries Fare Better Than Others

Picture this: You open up a bistro and enjoy some early success. Everyone wants to try the new hotspot. A few months later, two similar restaurants open nearby, and they…
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There’s Always a Next Recession, So Be Prepared

Recessions are like natural disasters: They’re inevitable, but smart preparation may reduce the impact on you. The U.S. economy has grown steadily since emerging from the “Great Recession” in June…
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5 Times to Stash Your Cash and Pay With Plastic

Choosing the best way to pay for something — credit or cash — can make a real dollar difference for you. So knowing when to do which is key. Personal…
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Why Your Kid Should Help Pay For College

I recently heard from the parents of a yet another high school senior who turned down a huge scholarship from a good college to attend her “dream school,” which of…
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4 Questions to Ask Before You DIY

Sameer Patel loves to DIY. He’s built a weight rack for his home gym, rebuilt a swing for his son and welded a fire pit for his backyard. So when…
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Should You Pay Off Your Mortgage Before You Retire?

Most people would be better off not having mortgages in retirement. Relatively few will get any tax benefit from this debt, and the payments can get more difficult to manage…
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4 Tech Tasks to Keep Your Parents Safer Online

All of us are vulnerable to fraud. But the ways some older people use technology can put them at higher risk. That’s where you come in. When you’re home for…
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It’s Not All About Money: Financial Wisdom for Young Adults

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…
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Can You Afford to Help Your Kid Start a Business?

Amazon. Chipotle. GoPro. These household-name businesses were launched thanks to investments by the founders’ parents. But parents also have sunk plenty of money into their offsprings’ doomed enterprises, sometimes endangering their retirements…
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Managing a Loved One’s Finances After Death

Apart from the pain of a family member or close friend’s passing, settling their financial matters can be time-consuming and difficult. You may have to comb through paperwork from bank…
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7 Money-Saving Tips for Teens

Most teenagers probably won’t leap at the prospect of learning about personal finance on their own. That’s why it’s important to take the time to teach them smart money management.…
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The Keys to Financial Wellness for Millennials

By Roslyn Lash Getting a job, buying a car, buying a home — all of these milestones are both exciting and at times stressful for young adults just getting started. For many people,…
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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 want to make sure you don’t mix your…
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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…
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