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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 below certain thresholds. That leaves lower middle market acquirers reliant on senior lenders at community banks for M&A financing. But not every bank is alike

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 Minnesota Pollution Control Agency, the panel addressed recent legislation related to climate change initiatives, tax incentives, financing opportunities, and other developments in clean and

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 Bank (SVB) and Signature bank make our communities question their financial security, we are thankful that we can confidently step into the conversation and put

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 he joined as a Special Assets Officer for Highland Bank, helping to develop plans to address problem commercial loans and preserve value for property owners

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

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 affordable for small businesses.  Features include digital payment acceptance and invoicing, accounting and reporting.  Accessed through its digital banking platform, Highland introduced this new product

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 a bit about Angie, “I hired Angie in 2004 as a Commercial Banking Associate and have enjoyed watching her grow both personally and professionally, through

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, the City of St Michael, Wall Companies, Larson Building and Mohagen Hansen Architecture attended the ceremony to break ground on the project.  The new facility

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 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