Stearns Bank 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 majority interest in CCC, Stearns Bank is...
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September 15, 2023, 07:40 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 14, 2022, 08:04 AM
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Stearns Bank 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 participation in the...
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October 29, 2021, 07:00 AM
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The Office of the Comptroller of the Currency (OCC) selected Kelly Skalicky, CEO and president, Stearns Bank along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The primary...
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March 24, 2021, 07:30 AM
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Stearns Bank 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 as its...
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March 12, 2021, 08:14 AM
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Kona Grill, Inc. an American grill and sushi bar, entered into a new four-year $20 million credit facility with KeyBank. and Stearns Bank. The new facility replaces an existing $6.5 million credit line and term loan.
"We are excited to complete this...
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April 22, 2013, 08:03 AM
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