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Our Story

Premier Bankers understand our story starts with you. We work as hard as you do each day to earn the privilege to grow together.
Focused on an ever brighter financial future, Premier Bankers never lose sight of our humble beginnings.
Click the images below to explore Premier's history.

Humble Beginnings

Chartered in 1974, Premier Bank set up shop as Maplewood State Bank in a trailer on the corner of Beam and White Bear Avenues.
Maplewood State Bank was the smallest of the 714 Minnesota Banks.

A Strong Foundation

After four years of hard work, solid business lending and community backing, Premier built the Maplewood Headquarters to serve
the Northeast Metro and provide the infrastructure to support future Premier branch offices.

Expansion and Acquisition

After opening a branch in Osseo, Maplewood State Bank changed it's name to Premier Bank to accommodate further expansion.
Premier, a small bank from the East Metro beat out several big regional players to acquire eight defunct Midwest Federal Savings
and Loan offices in 1990 to become a major player.

Premier Growth and Contraction

The late 80's and 90's brought a series of growth opportunities, new in-store branches in communities that were experiencing rapid
development, new offices, and further acquisitions. In 2006, Premier Bank adapted to adverse economic times and came back stronger and leaner.

Premier Today

Premier Chairman Don Regan, after nearly 40 years in banking is honored by the premier regional trade publication,
The Northwestern Financial Review, as Banker of the Year.

Premier Bank Milestones

1974	Commenced operations in a temporary facility.
1978	Maplewood State Bank headquarters’ grand opening.
1988	The bank changed its name to Premier Bank to allow for greater expansion.
1989	The first Premier Bank branch office opened in Osseo.
1990	Premier Bank acquired eight former Midwest Federal Savings offices located in Roseville, Farmington, Northfield, Faribault, Owatonna, and three branches in Rochester.
1992	The White Bear Lake branch opened.
1998	The Bloomington branch opened.
2001	The Albertville branch opened.
2002	The Blaine Wal*Mart branch opened.
2005	The Woodbury Wal*Mart in-store branch and an additional freestanding office in Rochester opened.
2006	The Monticello, Hugo and Hastings branches opened
2014	The Blaine branch moved to a larger freestanding office.
2014	Premier Banks celebrated its 40^th anniversary.
2015	Don Regan, Chairman, received the Northwestern Financial Review Banker of the Year Award.
2015	Premier Bank and affiliates reach one billion dollars in assets.
2015	The Andover branch opened.
2016	Premier Bank Maplewood Headquarters was remodeled.
2018	Premier purchased the Hastings branch location of Frandsen Bank & Trust, welcoming Frandsen's Hastings clients into the Premier Banks family.
2019	Leading by example, Premier veteran Chairman and team pack meals at Feed My Starving Children and together celebrate Veterans Day.
2019	Premier Bank Woodbury grateful to a responsive growing community, opens a stand-alone office on the S.W. corner of Tamarack and Bielenberg, just off 694 in Woodbury.
2020	October 23, with grateful hearts, the Premier Bank team says goodbye to beloved Founder, Entrepreneur, Mentor, Father and Friend, Chairman, Donald B. Regan. The Premier Team pauses in a year of loss, to celebrate a grace filled life well lived. Until we meet again, “Who we are. Where We’ve Been. Where We’re Destined. We Travel Together.” – Don Regan, Premier Banks Founder
2021	After breaking ground the year before, a new Premier Bank office opens in Northfield, in March of 2021.
2021	The New Premier Affiliates celebrate continued growth with a record breaking 1.5 Billion in assets
2022	Premier Bank Minnesota and Premier Bank Rochester merge and operate under the name Premier Bank Minnesota

Premier Bank NMLS# 403178

Premier Bank Minnesota NMLS# 403214