News and Events

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.

Sincerely,

February 15, 2024

NORTH STAR BANK ANNOUNCES NEW LOAN AND DEPOSIT PRODUCTION OFFICES

Monticello, MN.

In March of 2023, North Star Bank opened 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 is located at 530 Walnut Street in Monticello.

As part of this expansion, North Star Bank welcomes the addition of Sarah Kortmansky, Market President-West Market. 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.

Maple Grove, MN. 

In July of 2024, North Star Bank opened a new loan and deposit production office located in Maple Grove, MN to facilitate loan origination and other loan production activities for personal and commercial clients in the area. The new production office is located at 13610 Grove Drive in Maple Grove.

As part of this expansion, North Star Bank welcomes the addition of Laynee Noble, Vice President Commercial Loans, Joseph Fadgen, Credit Analyst/Commercial Lender, and Sheila Crawford, Universal Banker.