Capital grows, lending drops at local banks
The number of profitable Twin Cities community banks at the end of the first half of 2011 dropped slightly from the first quarter, but their ranks were well above last year’s mid-year results,...
View ArticleGov. Dayton’s first major jobs creation proposal – give money to banks (update)
The state of Minnesota will deposit an extra $100 million into community banks across the state in the hope of boosting business lending and creating some jobs in the process, Gov. Mark Dayton said...
View ArticleSunrise Bank’s community lending wins national award
Park Midway Bank in St. Paul financed a $3.7 million renovation with a $2.7 million loan through its New Markets Tax Credit loan fund, which recently was named the nation’s most innovative community...
View ArticleU.S. budget blueprint could shake housing finance
Developers in Minnesota and around the country are watching closely to see if Congress closes the nation’s budget deficit and delivers tax cuts by ending subsidies they have used to build housing and...
View ArticleSeward Co-op rides industry growth into a second location
A new Seward Community Co-op to be built in south Minneapolis in the next year is emblematic of the growth — and the new look — of the food co-op business.
View ArticleA place to call home: MHFA commissioner talks affordable housing
Mary Tingerthal, commissioner of the Minnesota Housing Finance Agency, says many people do not grasp how crucial housing is to the stability of family and individual life.
View ArticleUS Bank helping to fund new Washburn Center for Children
The new center is slated to open in late 2014.
View Article
