Skip to content

Branch lobbies temporarily closed - access by appointment only. See drive-up hours on our Locations/ATM page.

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.

 

Opportunity zones and financing from Stearns Bank

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.

Contact a Financing Expert
Cullum Homes

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.

Contact a Business Banking Expert

Commercial Finance Team

Get in touch with David Feriancek
David Feriancek
SVP National Lending
Get in Touch
Get in touch with Tom Ethen
Tom Ethen
VP Commercial Lending
Get in Touch
Get in touch with Eric Cook
Eric Cook
VP/Commercial Lender
Get in Touch
Get in touch with Tom Hosier
Tom Hosier
SVP / Arizona Market Manager
Get in Touch
Get in touch with Daniel Sedillo
Daniel Sedillo
VP/Commercial Loan Officer
Get in Touch
Get in touch with Kris Holm
Kris Holm
VP/SBA Commercial Loan Officer
Get in Touch
Get in touch with Michael Whalen
Michael Whalen
VP/Commercial Loan Officer
Get in Touch
Get in touch with Douglas D'Aigle
Douglas D'Aigle
Market President/Commercial Lender
Get in Touch
Get in touch with Al Schulz
Al Schulz
VP/Commercial Lender
Get in Touch
Get in touch with John Erickson
John Erickson
Community Bank Lender
Get in Touch
Get in touch with Katie Peterson
Katie Peterson
Commercial Lender
Get in Touch
Contact a Financing Expert
Connect with Customer Service