HmongTown Marketplace Loan & Deposit Production Office
Proudly serving the Hmong community
Whether making a fresh entrepreneurial start or carrying on the next generation of the family business, the Hmong community is dedicated to growth in life and business. Stearns Bank is fostering advancement through SBA loans, equipment financing, traditional banking services, and resources for financial education.
A partnership built for prosperity
Economic prosperity is at the forefront of our partnership with HmongTown Marketplace and the expansive Minnesota Hmong community. We are honored to deliver financing services that can elevate ideas and build opportunity in the Minnesota metro and across the US.
Business Loan Programs
A variety of loan structures exist to align with each specific type of business venture you're on.
SBA 7(a) loans are the most commonly used loan option for business financing and can be used for business acquisitions, start-ups, working capital, business expansions, debt refinance, equipment and supplies and more.
Depending on your plans, other business loans such as SBA 504, or debt refinancing are available.
Explore more loan options or connect with our Hmong Community Banking Team.
Get the equipment your business needs, fast.
Businesses rely on quality new or pre-owned equipment. Our team of equipment financing experts works to deliver fast financing with custom term and payment options to fit your plans.
Business Banking
A variety of business-focused checking, savings, and CD account options are available to build, secure, and elevate your business's financial success. Explore business bank account options or connect with our team.
Personal Banking
Managing your personal wealth is simplified with personal banking products, banking for kids and teens, and services including savings, checking, CDs, financial wellness tools.
Achieving financial success begins with arming yourself with knowledge and using tools designed to enhance your financial health. Learn more about educational tools and services, including:
- Credit monitoring
- Identity protection
- Fraud alerts and education
- Account comparisons
- Financial education through Zogo Finance, available in online banking platform
Why Stearns Bank?
We believe everyone deserves the opportunity to succeed financially.Dedicated Banking Team
Our dedicated HmongTown Marketplace banking team is available to discuss financing options and guide account opening and documentation processes.
Cash Access
Easily access cash at the HmongTown Marketplace and at over 42,000 fee-free ATMs across the US. Use the ATM locator tool to find one near you.
Digital Banking
Easily manage your banking activities from anywhere with the secure and intuitive StearnsConnect digital banking platform.