Banks are national leaders in preserving t

July 29, 2024

July 18, 2024

Star Bank announces the semi-retirement of Harry Wahlquist, the bank’s Founder and President/CEO. Effective July 18th, Harry Wahlquist will continue serving Star Bank as Chairman of the Board and as CEO. Katie Wahlquist has been elected to serve as President & Chief Strategy Officer and will succeed Harry Wahlquist from an organizational leadership perspective. A retirement celebration for Harry will be announced at a later date.

Minnesota summers are all about celebrating the spirit of our communities! This year, immerse yourself in the fun with exciting local events that showcase the best of each town. Mark your calendars, grab your friends, and get ready to make some unforgettable memories! Here's a look at some can't-miss events happening near you.

Graduation is a thrilling time, but it can also bring some financial questions for you and your loved ones. No matter your post-graduation plans, starting financially strong is key. Having an open conversation can help avoid common pitfalls young adults face. So, let’s talk money! 
 

We are excited to announce that several of our talented Star Bankers have recently been promoted within our organization!

These individuals have consistently impressed with their hard work, expertise, and exceptional service. Their contributions have been instrumental in driving success for our customers and the bank. We can't wait to see them shine in their new roles! Please join us in congratulating them on this exciting milestone.

It’s that time of year again – tax season! We know that taxes can sometimes feel overwhelming, so we wanted to bring you some helpful updates and tips to make filing your 2023 taxes a breeze.

We are excited to announce that several of our talented Star Bankers have recently been promoted within our organization!

These dedicated professionals have demonstrated commitment, hard work, and expertise in their respective roles, contributing to the success of their customers and the bank. We are excited for them to take on new responsibilities and make great things happen in their new positions. Join us in congratulating them on their well-deserved promotions, and we look forward to their continued growth and success!

STAR BANK WILL ACQUIRE HANCOCK BRANCH OF COMMUNITY DEVELOPMENT BANK

MAPLE LAKE - Star Bank is pleased to announce the acquisition of Community Development Bank in Hancock, Minnesota. The acquisition is set to be completed in late March 2024. This acquisition will fit nicely within Star Bank’s existing branch footprint. With $380 million in assets, Star Bank currently serves its vast Central Minnesota customer base with offices in Big Stone, Grant, Todd, Traverse, Wadena, Hennepin, and Wright counties.

Star Bank is a 2023 Finance & Commerce Magazine “Empowering Women” Award Honoree

We are proud to announce that Star Bank has been selected as one of only nine honorees for the 2023 Finance & Commerce Magazine “Empowering Women” Awards! This award celebrates companies demonstrating a resolute commitment to supporting, uplifting, and advancing women in Minnesota.

In this season of gratitude, Star Bank extends our heartfelt thanks to the people and organizations that make our communities vibrant.

Since our founding, we have been deeply rooted in Minnesota's rural landscape and are committed to giving back to the communities we serve. We are proud to support a variety of local organizations through sponsorships, donations, and volunteerism.

At Star Bank, we believe that having a well-crafted estate plan is one of the keys to financial success. We also believe that it’s not just for a select few. Estate planning is essential for everyone, no matter their occupation or financial situation. October is home to National Estate Planning Awareness Week so it’s the perfect time to start thinking about your own estate plans. Let’s get into it!

3 Tips from Sharon Richter, AVP & Branch Operations Manager