Stearns Bank and African Development Center Partnership
Posted on: Apr 13, 2023
as a partner to
ADC recently opened a new office in St. Cloud, Minnesota, and plans to host an Open House in early May to celebrate its expansion.
About the African Development Center
African Development Center, Minneapolis. The African Development Center’s mission is to grow business, build wealth, and increase reinvestment in the African communities of Minnesota.
About Stearns Bank N.A.
Minnesota-based Stearns Bank National Association is a $2.2 billion, independently-owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide, in every state across the U.S. Recognized as having a bullet-proof balance sheet with 25% capital and earning top rankings as one of the nation’s highest-performing banks by American Banker, and most recently ranked ninth in the U.S. among banks having more than $1 billion in assets by Independent Banker’s May 2022 Best of the Best ranking of banks with the highest 3-year average Return on Assets, Stearns Bank is a fortress of strength specializing in nationwide commercial construction lending, USDA and SBA lending, and small business and equipment financing. Driven by a passion to help others achieve their greatest ambitions, Stearns Bank’s mission is to Get the Job Done! For more information, visit StearnsBank.com.