Honesty, Integrity and Responsiveness are the values that have guided Premier Banks’ history. They are values that have not been compromised and have served Premier Banks, our customers, and our communities over the course of more than thirty three years.
 

Premier Bank opened in temporary quarters, as Maplewood State Bank located at the northeast corner of White Bear and Beam Avenues in Maplewood. Banking continued there until 1978 when the bank moved across the street to the present facilities.
 

In late 1988, the name Maplewood State Bank was changed to Premier Bank to allow for expansion into other areas.

However, the headquarters remain in Maplewood where Premier's growth and expansion provide many employment and economic opportunities for local residents.

The Osseo office, which opened in 1989, was the first branch location. Greater expansion occurred in October of 1990 when Premier Bank acquired eight former Midwest Federal Savings offices. At that time, the Roseville office became a branch of the Premier Bank Maplewood Charter.

The Farmington, Northfield, Faribault and Owatonna offices became the Premier Bank Metro South Charter. Rochester 421 1st Ave. S.W., Green Meadows and Hillcrest offices became the Premier Bank Rochester Charter. The White Bear Lake office of Premier Bank Maplewood opened in February of 1992, and the Bloomington office of Premier Bank Metro South opened in March of 1998. In 2000 Rochester opened its fourth location in Wal•Mart® South Superstore and Premier Bank Metro South opened a branch in Albertville. When the Albertville location was added, the name of the bank charter was changed to Premier Bank Minnesota.

In the fall of 2001, Premier Bank Rochester opened its fifth location in the Wal•Mart® North Superstore. In the spring of 2002, Premier Bank Maplewood opened its fifth location in the Blaine Wal•Mart® Superstore, and in the fall of 2002, Premier Bank Minnesota opened its eighth location in the Hastings Wal•Mart®. Premier Banks opened two Wal•Mart® offices in 2005, one in Woodbury and another in Monticello. In 2005 Premier Bank Rochester opened an office at North Broadway and 37th Street, and Premier Bank Minnesota opened a free standing office in Monticello. In 2006 Premier Bank Maplewood opened its seventh location in Hugo and Premier Bank Minnesota opened its eleventh location in Hastings Schoolhouse Square. In late 2007, we began expanding our Maplewood headquarters to better serve our 24 branch network and our growing customer base.

Established and continuing as independent, community-oriented banks, Premier Banks continue to meet the financial need of our clients and supply the credit necessary for local businesses and industries to grow.

 

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