St. Cloud-based Stearns Bank bought Covenant Bank and Trust of Rock Spring, Ga., after it was closed by the Georgia Department of Banking and Finance on Friday afternoon. The Federal Deposit Insurance ...

Stearns Bank hired Mohamed Farah for a newly created position as its community development coordinator. The position came out of a collaboration with African Development Center, which aims to grow ...

Stearns Bank of St. Cloud resumed its buying spree of failed banks, snatching up an Arizona community bank closed late Friday by regulators. Stearns, a $1.2 billion bank with six branches in Minnesota ...

TerrAscend Corp. TRSSF, a leading North American cannabis operator, announced that it has closed on a US$25 million commercial loan with Stearns Bank, noting that the proceeds from the loan will be ...

For the third year in a row, Stearns Bank has received nationwide recognition for high performance. In June, American Banker magazine and Independent Community Bankers of America both ranked Stearns ...

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The aftermath of the Great Recession resulted in the closure of more than 320 banks between 2010 and 2013 and resulted in costs of more than $33 billion, according to figures from the Federal Deposit ...

Stearns Bank buys failed banks to serve as canaries in a coal mine. In Florida, the canary's doing just fine. Stearns, a $1.3 billion-asset bank in St. Cloud, Minn., has purchased six failed banks ...

WILTON, CONNECTICUT, UNITED STATES, March 10, 2023 /EINPresswire.com/ -- LendVer, the reputable database of vetted lenders and service providers has finalized its ...

Jill Molitor, credit manager and fraud strategy officer at Stearns Bank in St. Cloud, Minn., is up for participating in any kind of race — whether 5ks, 10ks or triathlons. She used to compete in only ...

Stearns Bank bought a failed Georgia bank that was shut down by regulators at the close of the business day Friday. St. Cloud-based Stearns Bank purchased Covenant Bank & Trust's assets and took ...

Stearns Bank, based in St. Cloud, said Friday, Oct. 19, that it has acquired First East Side Savings Bank in Tamarac, Fla., from the Federal Deposit Insurance Corp., which closed the bank. First East ...