About Premier / Chairman's Message

 
 

Honesty, Integrity, Responsiveness

There occasionally arise, in all disciplines, organizations blessed by the Good Lord, good people, and good clients. Premier examples in the discipline of financial services are the Minnesota-based, Minnesota-owned family of Premier Banks.

Together Premier Bank lenders have in excess of 800 million dollars in their loan portfolios. Loans to any one client in excess of 10 million dollars are not unusual. They are supported by exceptional team members. All our team members share in attractive bonus and profit sharing programs. We believe motivated employees will strive to serve our clients more responsively. If our clients are well served we will retain them as clients.

We at Premier Banks are not pompous. Premier Bankers are readily accessible. We don’t take ourselves too seriously. We do however, treat our clients very seriously. It is reflected in our client retention and our dramatic, steady growth.

We at Premier Banks have over 40 years of experience. We commenced operations in 1974 as Maplewood State Bank at White Bear Avenue and Beam Avenue in a doublewide trailer. We were the smallest of Minnesota’s 714 Banks with 1.5 million dollars in capital and no clients.

Today our combined assets are over 1 billion dollars, and 116 million in capital. Our combined assets now place us among the 9 largest of the 312 surviving Minnesota-based banks. We changed our name to Premier Banks to reflect our diversity. Premier Banks team members now serve clients from 20 locations. Most of our profits are retained in our banks to sustain and enhance client growth.

Premier Banks are not for sale. Almost all our team members, except for our aging chairman, are young though experienced, responsive, creative and untiring. Premier Banks’ emerging generation of bankers is already in place, implementing new ideas and seeking new clients. We at Premier Banks promise we’ll treat you very seriously. Please contact us. You and we will be glad you did.

Chairman Don Regan

 "Who we are.
   Where we've been.
   Where we're destined.
   We travel together."

   
     Don Regan
    Founder and Chairman Premier Banks

 

 

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