Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

Stearns Bank N.A. Acquires First State Bank Sarasota & Community National Bank - Sarasota County, FL

Posted : Sat, 08 Aug 2009 16:52:06 GMT
Author : Stearns Bank, N.A.
Category : Press Release
News Alerts by Email ( click here )
News | Home
ST. CLOUD, Minn., Aug. 8 MN-Stearns-Bank-acq

ST. CLOUD, Minn., Aug. 8 /PRNewswire/ -- Stearns Bank N.A. headquartered in St. Cloud, Minnesota acquired First State Bank Sarasota and Community National Bank - Sarasota County. First State Bank Sarasota has locations in Sarasota, Venice, St. Petersburg, Clearwater, Largo and Seminole, Florida. Community National Bank - Sarasota County has locations in Venice and North Port, Florida. Insured depositors and loan customers of both banks will automatically become depositors and customers of Stearns Bank and will retain uninterrupted services and access to their accounts.

Stearns Bank is an independently owned financial institution established in 1912, under current ownership since 1964. Stearns Bank has grown to more than $1 billion in assets with locations in St. Cloud, Albany, Pine City, North Branch, Holdingford, and Upsala MN, along with Scottsdale, Arizona. Stearns also has a nationwide Equipment Finance division and a National Accounts Receivable division.

Norman C. Skalicky, CEO of Stearns Bank said, "We are very pleased to have the opportunity to welcome the customers of First State Bank Sarasota and Community National Bank - Sarasota County to Stearns Bank. We have always maintained a strong capital position at Stearns Bank. This strategy, along with the confidence provided by our regulators, is very important in these unparalleled economic times. Stearns bank stands ready to meet the financial needs of our communities, and we are very optimistic of the opportunities before us."

www.stearns-bank.com

SOURCE Stearns Bank, N.A.


Copyright © 2008 PR Newswire. All rights reserved.

Share/Save/Bookmark

Article : Stearns Bank N.A. Acquires First State Bank Sarasota & Community National Bank - Sarasota County, FL
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

Technology a Permanent Resident in Homes According to Milwaukee/NARI Experts
Members of the Milwaukee/NARI Home Improvement Council, Inc., the area’s leading home improvement and remodeling industry resource for more than 48 years, offer suggestions to homeowners of ways to enhance and update the technology in their homes./I/P P(Vocus) November 21, 2009 --...

Christmas City, Special Events, ‘Spirit Of The Season’ Deals Add To Holiday Cheer In Lehigh Valley
With “The Christmas City” of Bethlehem as the epicenter of activities, Lehigh Valley offers families, couples and groups a wide assortment of unique and memorable holiday attractions. And with affordable “Spirit of the Season” Stay & Celebrate promotional packages ...

U.S. Census Bureau Daily Feature for Nov. 22
WASHINGTON, Nov. 22 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau: (Logo: http://www.newscom.com/cgi-bin/prnh/20090226/CENSUSLOGO)

VA Maryland Health Care System Receives Performance Achievement Carey Award
The VA Maryland Health Care System won the Robert W. Carey Performance Achievement Award for its excellent performance in patient care, patient satisfaction, quality, safety and business practices./I/P P(Vocus) November 21, 2009 -- At the 18th Annual Robert W. Carey Awards for Performan...

Mathematics and Materials Science Research Take Top Prize at Nation's Premier High School Science Competition
PASADENA, Calif., Nov. 21 /PRNewswire/ -- Research projects in the areas of Mathematics and Materials Science scored the highest marks this evening, as Lynnelle Ye of Palo Alto, California and the team of Ryan Lindeborg of Laguna Niguel, California and Andrew James Swoboda of Oakton...

VA Maryland Health Care System Recognized with an EPA Trailblazer Award
VA Maryland Health Care System Among Six Maryland Hospitals Awarded with EPA Trailblazer Awards/I/P PBaltimore, Md. (Vocus) November 21, 2009 -- The U.S. Environmental Protection Agency (EPA) presented six Maryland hospitals with Trailblazer Awards for their environmental leadership at ...

Patient Files Suit Against St. Vincent's Hospital in New York City as a Result of the Alleged Use by the Hospital of an HIV Infected Device During a Routine Procedure
NEW YORK, Nov. 21 /PRNewswire/ -- Milvia Lopez, by her attorney MICHAEL STEWART FRANKEL, of New York City, recently filed suit, in Supreme Court, New York County, bearing Index # 112888/2009. The complaint alleges that while Ms. Lopez underwent a routine transesophageal echocardiogram (&quo...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.