Articles
Federal Reserve Increases Benchmark Rate 75 Basis Points
Posted: June 15, 2022 | By: LendVer Staff – The central bank announced the increase of its benchmark interest rate by 75 basis points after the meeting of its Federal Open Market Committee (FOMC) today. This marks the most aggressive rate increase since 1994, and follows an increase of 50 basis points in May of this [...]
Stearns Bank Holdingford National Association to be Acquired by Canadian-Based VersaBank to Expand VersaBank’s Banking Services to the United States
ST. CLOUD, MINNESOTA, UNITED STATES, June 14, 2022 /stearnsbank.com/ –Stearns Financial Services Inc. (“SFSI”) today announced it has signed a definitive agreement with VersaHoldings US Corp. to acquire Stearns Bank Holdingford N.A. (“SBH”) and launch VersaBank’s expansion into the United States. Canadian-based VersaBank, a leader in digital banking and cyber security solutions, is acquiring SBH through its [...]
LendVer Reviews Stearns Bank N.A. and Names it the 2022 Best Business Bank Account Provider
WILTON, CONNECTICUT, UNITED STATES, May 25, 2022 /EINPresswire.com/ — LendVer, the reputable database of vetted business and investment property lenders and service providers has finalized its review process for the 2022 Best Business Bank Account, and has selected St. Cloud, MN based Stearns Bank National Association. Founded in 1912, the bank was acquired by Norm Skalicky [...]
Prepare Your Business for Hurricane Season and Avoid Scams
Posted: May 25, 2022 | By: LendVer Staff – If your business is located in a region prone to hurricanes then you know that dealing with hurricane related damage can be devastating to your operations and your livelihood. What’s worse is that there are scammers waiting in the wings to seize the opportunity to take [...]
South End Capital Named the LendVer 2022 Best Commercial Real Estate & Business Lender
WILTON, CONNECTICUT, UNITED STATES, May 12, 2022 /EINPresswire.com/ — LendVer, the reputable database of vetted business and investment property lenders and service providers has finalized its review process for the 2022 Best Commercial Real Estate & Business Lender, and has selected St. Cloud, MN based South End Capital. Founded in 2009 by Noah Grayson as a [...]