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News

Financial Health

Is it paying bills on time, robust savings, retirement fund, affording a new car? Whatever financial health means to you, it starts with getting your finances in order.

Business men shaking hands after closing a deal

Opportunities, Challenges, and Strategies for Lower Middle Market M&A Deals in 2024

December 2023 – It’s that time of year again when analysts try to predict what’s to come for lower middle market M&A deals in the coming year. In this case, deals that are $3 million and under in EBITDA fall into this scope. While the adage—the only certainty is uncertainty—may apply to some extent, we

ABA Community Bankers Fall Meeting 2023

Highland Bank President Attends National Meeting For Community Bank Leaders

St Paul, MN – Community bankers around the country gathered in Washington this past week to discuss the latest challenges currently facing community banks across the country, according to Troy Rosenbrook, President of Highland Bank. Rosenbrook, who attended the ABA Community Bankers Council meeting November 13-15, said the bankers talked at length about public policy, operations

2023 MBA Community Champion Recognition logo

Highland Bank Honored for Community Commitment

The Minnesota Bankers Association (MBA) has recognized 90 Minnesota banks for their community involvement. Banks play a vital role in their communities and to honor and recognize their involvement, the MBA created the Community Champion recognition program. Highland Bank is one of 90 Community Champions that have worked with hundreds of organizations in our communities

Lee named Chief Operations Officer

  Highland Bank is pleased to announce the promotion of Sue Lee to Chief Operations Officer, effective October, 2023. Sue joined Highland in 2008, as the bank completed its acquisition of Ridgedale State Bank. Since then, she expanded her banking experience from Consumer Banking to include Commercial Banking and Operations leadership, most recently holding the

Table of Experts: Cybersecurity

August 2023 – The Minneapolis-St. Paul Business Journal held a panel discussion recently about cybersecurity. Panelists included Emy Johnson, chief security officer at Allina Health; Wolf Lewis, regional vice president, Comcast Business Midwest Region; and Angie Propp, VP cash management sales manager, Highland Bank. John Ebert, professor and cybersecurity program director, Saint Mary’s University, served

Highland Bank Expands Locations

Highland Bancshares, Inc., parent holding company of Highland Bank, a locally and independently owned community business-focused bank, announces the successful completion of its merger of Boundary Waters Bank today.  Boundary Waters Bank had branches located in Woodbury, Blaine and Ely Minnesota, which held approximately $100 million in deposits. On December 9, 2022, Highland announced a

Five Things to Look for in an M&A Partner for Smaller Deals

June 2023 – Community banks are vital partners for smaller M&A deals. That’s because senior lenders at large national banks and regional banks typically shy away from financing M&A deals below certain thresholds. That leaves lower middle market acquirers reliant on senior lenders at community banks for M&A financing. But not every bank is alike

Highland Bank takes part in the Table of Experts Sustainability Forum

St Paul, MN, April 2023 – Commercial Banking Officer Michael Linder recently joined forces with other local industry experts to address the topic of sustainability. Facilitated by Carla Inderrieden, of the Minnesota Pollution Control Agency, the panel addressed recent legislation related to climate change initiatives, tax incentives, financing opportunities, and other developments in clean and

An Open Letter to Our Customers Regarding Recent Bank Failures

At Highland Bank we take great pride in the open and trusted relationship that we cultivate with our customers.  So, when news reports like the bank failures of Silicon Valley Bank (SVB) and Signature bank make our communities question their financial security, we are thankful that we can confidently step into the conversation and put

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