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Article: Bloomington, Minn.-Based Bank Helps Small Community Financial Institutions.

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Knight Ridder/Tribune Business News
Article date:
April 15, 2003
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By Sheryl Jean, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News

Apr. 15--Community Pride Bank in Ham Lake faced a dilemma when a local real estate developer needed $4 million in loans: The request was about four times the bank's legal lending limit.

The 3-year-old bank, which prides itself on serving growing businesses in its community, turned to United Bankers' Bank, a Bloomington-based wholesale bank that provides services to commercial banks, to help make the loan.

"That's one large credit and if I can call on United Bankers' Bank, that helps us out a lot," said Community Pride president John Post.

And it's ...

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