Stearns Bank announced the appointment of two accomplished professionals to its executive team. Marlice Johnson joins Stearns Bank as Chief Brand Officer, while Maggie Rivera assumes the role of Vice President of Corporate Social Responsibility and...
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April 16, 2024, 07:09 AM
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South End Capital, a division of Stearns Bank N.A. reported robust equipment financing activities for the month of October.Key October Funding Highlights:Number of Financings: 658Total Financings: $46 millionSouth End Capital's customized term and...
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November 08, 2023, 07:12 AM
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Stearns Bank N.A., a financial institution in Minnesota, has acquired a majority stake in Contract Capital Corporation (CCC). CCC provides specialized financing services to Managed Service Providers (MSPs). In addition to Stearns Bank acquiring a...
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September 15, 2023, 07:20 AM
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The Office of the Comptroller of the Currency (OCC) has reappointed Kelly Skalicky, CEO and President, Stearns Bank N.A., to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The OCC officially announced its new and returning...
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April 12, 2023, 07:15 AM
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VersaBank, a leader in digital banking and cyber security solutions, announced that, through its wholly owned U.S. subsidiary, VersaHoldings US Corp., it has signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, N.A....
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June 15, 2022, 07:16 AM
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South End Capital, a division of Stearns Bank N.A., a commercial lender and tech-enabled equipment, real estate and business loan platform, announced another explosive month for equipment financing. The 723 equipment financings in March were...
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April 06, 2022, 07:16 AM
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South End Capital, a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and tech-enabled business, real estate and equipment loan platform offering loans from $1,000 to $80 million in all 50 States and D.C., has announced the...
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January 14, 2022, 07:02 AM
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South End Capital, a division of Stearns Bank N.A., a commercial lender and tech-enabled business, real estate and equipment finance platform, announced another explosive month for equipment financing. The 687 equipment financings in December were...
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January 06, 2022, 07:06 AM
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South End Capital, a division of Stearns Bank N.A., a commercial lender and tech-enabled business, real estate and equipment finance platform, has announced another record-breaking month for equipment financing. The 499 equipment financings in...
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December 27, 2021, 07:18 AM
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Stearns Financial Services, Inc., the holding company for three Stearns Bank charters, has named Kelly Skalicky as Chair of the Board of Directors. Skalicky is also President and CEO of Stearns Financial Services, Inc. In related moves, Deb...
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November 16, 2021, 07:20 AM
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Stearns Bank National Association announced Norman (Norm) Skalicky, Chairman of its Board of Directors and the Boards of its holding company and affiliate banks, will be retiring and transitioning to Emeritus status, stepping away from active...
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October 29, 2021, 07:18 AM
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Stearns Bank N.A., a Minnesota-based financial institution, has partnered with Truepic, a leader in digital image provenance and authenticity to innovate and accelerate its equipment lending to thousands of beneficiaries around the country. Stearns...
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September 23, 2021, 07:12 AM
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South End Capital, a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate and equipment loan platform, has announced a $90,402 equipment financing. This financing assisted a Georgia-based...
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August 02, 2021, 07:20 AM
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Stearns Bank N.A., a financial institution in Minnesota, has acquired South End Capital Corporation and its digital lending platform to expand financing options and banking services for businesses. Noah Grayson, founder and President, South End...
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June 14, 2021, 07:25 AM
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The Office of the Comptroller of the Currency (OCC) has selected Kelly Skalicky, CEO and President, Stearns Bank N.A., along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The...
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March 24, 2021, 07:15 AM
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Stearns Bank N.A. is well-positioned for expansion, adding three seasoned executives to explore new opportunities. Stearns Bank hired Al Doering as Chief M&A Officer, a newly created executive level role. Doering previously worked with Stearns Bank...
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March 12, 2021, 07:25 AM
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Stearns Bank has been named one of the Best Banks to Work For in 2019 by American Banker magazine. The Best Banks to Work For program was initiated in 2013 by American Banker and Best Companies Group. It recognizes U.S. banks for outstanding employee...
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September 05, 2019, 06:59 AM
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For the third year in a row, Stearns Bank has received nationwide recognition for high performance. This month, American Banker magazine and Independent Community Bankers of America (ICBA) both ranked Stearns Bank in their top 10 lists of high...
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July 01, 2019, 07:01 AM
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The Certified Lease & Finance Professional (CLFP) Foundation announced that 37 individuals who sat for the CLFP exam following two private Academies for Lease & Finance Professionals hosted by Stearns Bank, N.A., have successfully passed. They...
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May 06, 2019, 07:15 AM
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One year after her successful transition to President of Stearns Bank N.A., Kelly Skalicky has been named Chief Executive Officer of the company. She succeeds her father, Norm Skalicky, as CEO. Norm Skalicky will maintain his position as Chairman and...
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March 05, 2019, 07:25 AM
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Stearns Bank will soon break ground on an 11,000-square-foot addition to its Equipment Finance Division in Albany, MN, to accommodate growing operations.Driving this growth has been Stearns Bank’s substantial investments in technology, including new...
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September 18, 2018, 07:22 AM
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Oakmont Capital Services, LLC announced a major company expansion with the recent hiring of 11 equipment finance veterans to staff the company’s new office in central Minnesota.All 11 professionals were previously with Stearns Bank, Equipment Finance...
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July 25, 2018, 07:25 AM
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This March marks 15 years since Wounded Warriors Family Support was founded, with the goal of assisting the families of those who have been wounded, injured or killed during combat operations. Thanks to a generous gift by Stearns Bank, WWFS is...
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February 22, 2018, 06:00 AM
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One of the key players in the ongoing success of Stearns Bank National Association, Kelly Skalicky, daughter of Stearns CEO Norm Skalicky, was recently promoted to President of the organization. Kelly is uniquely qualified to ensure a strong future...
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January 31, 2018, 07:05 AM
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Stearns Bank was named the No. 1 top-performing bank in the country. Stearns earned the recognition in the June 2017 edition of American Banker Magazine, which ranked the top-performing banks in the $2 to $10 billion asset class based on return on...
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June 07, 2017, 07:15 AM
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The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that five individuals who recently sat through the 8-hour online CLFP exam have passed:
Michael Green, CLFP – Managing Partner, Dakota Financial, LLC
Jill Molitor...
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September 12, 2016, 07:00 AM
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