Posted: May 11, 2022 | By: LendVer Staff – Opening a business banking account may seem like a daunting task especially if you are a new or startup business, but it’s actually easier than you think. You may even believe that you don’t need to open a business bank account, but there are many reasons [...]

Updated: May 6, 2022 | By: LendVer Staff – There is no doubt that taking care of your health and staying safe during the COVID-19 pandemic is the most important thing. However, an unfortunate side affect of the current crisis has been its negative effect on the businesses and finances of many. Millions of people [...]

Posted: May 5, 2022 | By: LendVer Staff – The central bank announced the increase of its benchmark interest rate by 50 basis points after the meeting of its Federal Open Market Committee (FOMC) on Wednesday. This marks the largest rate increase since 2000, and follows an increase of 25 basis points in March of [...]

Stearns Bank National Association has been recognized by Independent Community Bankers of America (ICBA) as a 2021 top-performing community bank. The rankings were released in the May 2022 Issue of Independent Banker, and ranked Stearns Bank National Association #9 in its peer group of banks with over $1 billion in assets [see rankings]. Stearns Bank [...]

Stearns Bank National Association is a $2.4 billion nationwide financial institution based in St. Cloud, MN. Founded in 1912, the bank was acquired by Norm Skalicky in 1964. His daughter Kelly Skalicky became president in 2018, and later was named president and CEO. As a commercial bank primarily focused on cultivating and supporting the success [...]