VersaBank received approval from the Office of the Comptroller of the Currency (OCC) to proceed with its proposed acquisition of Stearns Bank Holdingford. This is the second and final U.S. regulatory approval required for VersaBank to proceed with the acquisition. read more
JUN 17, 2024 - 6:36 am
Stearns Bank added John C. Sizer and Lea Márquez Peterson to its board of directors. Sizer and Peterson have experience in audit and regulatory oversight, economic and entrepreneurial empowerment and corporate leadership. read more
OCT 25, 2023 - 7:02 am
Stearns Bank joined the sponsor bank community of Synctera, a banking-as-a-service platform and provider of embedded finance solutions. read more
SEP 20, 2023 - 6:50 am
Stearns Bank acquired a majority stake in Contract Capital Corporation, a provider of specialized financing services to managed service providers. read more
SEP 15, 2023 - 6:42 am
Stearns Bank recently launched nonprofit banking solutions, a suite of customized banking services and financing options designed specifically to meet the needs of nonprofits. read more
AUG 23, 2023 - 6:41 am
Stearns Bank has partnered with Sardine, a provider of risk management and compliance solutions, to enhance Stearns Bank's fintech program. read more
MAY 25, 2023 - 6:54 am
VersaBank, a provider of digital banking and cybersecurity solutions, signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, a privately-held, wholly-owned subsidiary of Stearns Financial Services, for $13.5 million. read more
JUN 15, 2022 - 7:37 am
Stearns Bank added a specialized banking team consisting of Michael O’Neill and compliance managers Stacey Morgan, Paris Davis and Jeanice Varner. O’Neill will lead the team, which has more than 25 years in specialized compliance and risk mitigation. read more
AUG 17, 2021 - 6:25 am
Stearns Bank is partnering with Zogo Finance, a financial technology company, to offer all-age financial education tools through Zogo’s mobile app. read more
JUL 12, 2021 - 6:23 am
Stearns Bank acquired South End Capital and its digital lending platform to expand financing options and banking services for businesses. read more
JUN 16, 2021 - 6:32 am
The Office of the Comptroller of the Currency selected Kelly Skalicky, CEO and president of Stearns Bank, along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee. read more
MAR 24, 2021 - 6:37 am
Stearns Bank named Al Doering chief M&A officer, a newly created executive-level role. In addition, Rebecca Kronlund joined the bank as general counsel and Brian McCarthy is taking the helm as chief credit officer. read more
MAR 12, 2021 - 6:51 am
The Minneapolis St. Paul Business Journal recognized Kelly Skalicky, CEO and president of Stearns Bank, in its annual Women in Business awards. read more
OCT 27, 2020 - 7:16 am
Minnesota’s largest newspaper has named Stearns Bank one of the state’s Top 150 Places to work in 2019. The annual list released by the Star Tribune is based on employee surveys. read more
JUN 12, 2019 - 6:40 am