I spent a few hours last week at The Spur, the Northfield Enterprise Center‘s new coworking and incubator/accelerator facility at 313 1/2 Division St, (2nd floor above Division St.…
Tag: <span>Community Resource Bank</span>
Our new legislators, Representative Kelby Woodard, District 25B, and Senator Al DeKruif, District 25, spoke at the NDDC / Chamber forum at Community Resource Bank yesterday morning. Here’s the…
I saw a Tweet by Neuger Communications Group staffer Lauren Melcher yesterday, linking to a press release that Neuger is buying the vacant Community Resource Bank building at 25…
Construction Consulting Partners held an open house at their Phoenix Building last night. Tenants participating: Community Resource Bank, Anytime Fitness, and Allure Salon. Neighbor participant: Eco Gardens. See my album…
With the departure of Community Resource Bank from its downtown location, there’s now an empty parking lot in the heart of downtown—at least until the owner of the building, First…
Community Resource Bank moves its downtown branch from 4th and Division to the Phoenix Building at 7th and Division today.
I spoke with Community Resource Bank CEO Don Kuehnast on Thursday who confirmed that they’re intending to move their downtown branch to the Phoenix Building at 7th and Division. A…
A story on Community Resource Bank was posted to the Strib web site at 9 pm this evening: Bank in Northfield put under Fed scrutiny.
Federal regulators have ordered Community Resource Bank of Northfield, Minn., to strengthen its loan portfolio and ensure that it has adequate capital. The 132-year-old bank, which has $240 million in assets, must improve its loan review process and reduce its delinquent loans that have balances exceeding $500,000. The bank also was told to come up with a plan to "maintain sufficient capital."
Update: 01/27, 6:50 am: 15-page PDF: Written Agreement by and among NORTHFIELD BANCSHARES, INC. Northfield, Minnesota COMMUNITY RESOURCE BANK Northfield, Minnesota and FEDERAL RESERVE BANK OF MINNEAPOLIS Minneapolis, Minnesota
John Thomas sent us this photo of the time/temp sign at the Community Resource Bank this morning.