March 17, 2023
FINANCIAL STRENGTH OF NORTH STAR BANK
As your trusted financial partner, we'd like to assure you of our strong financial position today and into the future. North Star Bank maintains a high level of diversification among our clients, and we do not have a high concentration or rely on one type of industry. Our bank carries an exceptional level of capital above regulatory limits, and our earnings remain very strong. Our business model is managed to ensure we are well-positioned and includes our commitment to maintaining financial responsibility and sound banking practices, both pillars of the trust you place in us. If you would like to look at our financials as of year-end, you can find them here. Statement of Condition
If you have questions about FDIC insurance, you can find them here FDICor a member of our team will be happy to assist you and answer any questions.
In closing, North Star Bank is safe, sound, and secure.
Thank you for your commitment. We appreciate the trust you place in North Star Bank.
February 15, 2023
NORTH STAR BANK ANNOUNCES NEW LOAN AND DEPOSIT PRODUCTION OFFICE LOCATED IN MONTICELLO, MN
Coming in March of 2023, North Star Bank will be opening a new loan and deposit production office located in Monticello, MN to facilitate loan origination and other loan production activities for personal and commercial clients in the area. The new production office will be located at 530 Walnut Street in Monticello.
As part of this expansion, North Star Bank also welcomes the addition of Sarah Kortmansky, Vice President of Commercial Lending. Sarah has over 20 years of commercial banking experience working with start-ups, small businesses, middle-market companies, and non-profits. Sarah will be the key personnel at the new location.