News

Small Business Emergency Loans – DEED

March 25, 2020

The Minnesota Department of Employment and Economic Development (DEED) is creating an Emergency Loan Program to assist small businesses affected by the COVID-19 pandemic. Small businesses are a vital part of Minnesota’s economy and this program will provide a source of working capital to help businesses sustain operations during this challenging time. Terms: Range from

Loan Deferral Program

March 24, 2020

The challenge that the coronavirus (COVID-19) represents to us, our families and communities is like nothing that we have ever experienced before. All of us find ourselves having to process this uncertainty, anxiety and heightened risk together. What is most important now is that we all focus on staying safe and healthy. As a Family

MN Small Businesses can apply for SBA Economic Injury Disaster Loan (EIDL) Program

March 23, 2020

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Small businesses can apply directly to the SBA at https://disasterloan.sba.gov   Program Guidelines Loan Purpose: Pay fixed debts, payroll, accounts payable, rent, mortgage payments,

Highland Bank Welcomes Erin Hammer!

March 6, 2020

Highland Bank is proud to welcome Erin Hammer as Senior Vice President, Commercial Banker! Erin joins our team with nearly 30 years of banking expertise, including portfolio management, relationship development & management, sales & marketing, and networking & business development. Erin began her career in banking at Norwest and most recently at Western Bank.  

10 Money Hacks for First Time Parents

January 16, 2020

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 temptation to buy a $30 Thanksgiving onesie that your baby would wear for about five hours? It’s easy to overspend when you’re giddy and exhausted,

woman using online banking on her tablet

Becoming an Entrepreneur Starts With Changing Your Mindset

January 13, 2020

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 important trait: willingness to learn. “There’s an essential mindset for being your own boss,” says Clark, a New York City-based marketing strategy consultant and author

Fuel Your Business’ Success – Find a Mentor

January 10, 2020

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 advice — can keep you headed in the right direction. Pamela J. Goodwin, CEO and founder of commercial real estate company Goodwin Commercial in Dallas,

8 Things That Won’t Hurt (Whew!) Your Credit

January 7, 2020

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

Fuel Your Business’ Success – Find a Mentor

January 3, 2020

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 advice — can keep you headed in the right direction. Pamela J. Goodwin, CEO and founder of commercial real estate company Goodwin Commercial in Dallas,

3 Things To Do When You Get a Salary Increase

December 11, 2019

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 celebrate. It’s also something to evaluate within your larger financial picture. That way, you know what to do with your additional cash. Here’s what to