Opportunity Zones

The Qualified Opportunity Zone program can be a huge benefit to communities in need of job creation and a boost to their local economy. You can take full advantage of this economic development tool's tax benefits with the help of our experience and sense of urgency. You will not only be investing in low- and moderate-income communities, but also be getting the guidance from a bank that knows the ins and outs of the program.

An Understanding Of Opportunity Zones

There are intricate demands and strict timelines when you're working with opportunity zones. We are adaptive to the ever-changing regulations of the program and are fully committed to bringing success to you and the community you are investing in.

Cullum Homes

Rod and Kim Cullum

Scottsdale, Arizona

A large commercial real estate project in Scottsdale (Arizona) - Ascent at the Phoenician - was able to get under way in 2021 thanks to the passion of Cullum Homes and the diligence of Stearns Bank. Learn about their relationship and the excitement around what the project will bring to the community when its completed.

See Full Story More Customer Success Stories

BusinessSmart checking and market savings from Stearns Bank

Banking That Pays

Checking and savings accounts

Reach your business checking and savings goals faster with simple, smart and rewarding BusinessSmart™ accounts. Earn interest and cash back with the convenience of online and mobile banking.