About North Star Bank

North Star Bank is an independent, locally owned bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality, customized banking service for personal and commercial financial needs. When you bank with us, your money is reinvested into the community in which you live and work… and in people just like you.

 

History

In an area that seemed far north of the St. Paul city proper, a group of local businessmen saw a need for banking services. The area was made up mostly of farm and prairie land plus land owned by the University of Minnesota. But these businessmen saw the potential for future growth. The first stockholders meeting of Falcon Heights State Bank was held on January 13, 1947. On February 3, 1947, Falcon Heights State Bank opened in a shopping center on the southeast corner of Snelling and Larpenteur Avenues.

By 1969, the bank had outgrown its facilities and began an ambitious expansion and relocation plan. Property was sought that could accommodate a financial institution with the most modern and up-to-date banking concepts – including electronic drive-up facilities. After two years of hard work, the bank moved into a new 15,000 square-foot facility at 1820 North Lexington Avenue in Roseville. The “Bank in the Round” was constructed to conserve and improve upon the beauty of the area and become the “Bank in the Park.” Along with the move came a new name – the North Star State Bank of Roseville.

In September of 1985, North Star State Bank again remodeled its facilities to meet the needs of a growing customer base. The bank was completed in July of 1986. On March 24, 1989, the bank opened its first branch office in a temporary facility in White Bear Lake.
On October 9, 1990, North Star State Bank of Roseville officially changed its name to North Star Bank. A beautiful new building was built to house the White Bear Lake office. It was opened August of 1991.

2004, North Star Bank is very fortunate, once again, to meet the needs of a growing customer base by remodeling the Roseville bank. The remodeled bank is a wonderful place to continue serving the community we’ve been a part of for more than 70 years.

 Commercial Lenders

Jack Ritt

Jack Ritt

Chairman of the Board/Chief Executive Officer

Jack graduated from Cretin in 1959 and went on to graduate from Georgetown University in 1963 with a BSBA in Economics and Marketing. With over 59 years in the banking industry my passion is helping others realize the vision they have for their family, education and business. I would be pleased to introduce you to my colleagues and I personally invite you to “experience the difference, experience North Star Bank”.

Lane Peterson

Lane Peterson

President of North Star Bank

A graduate of Concordia College- Moorhead and the ABA Stonier Graduate School of Banking, with over 30 years of experience in community banking and experienced in all areas of commercial lending and bank management.

Frank Fuller

Frank Fuller

Senior Vice President, Commercial Loan Manager

(651) 487-4403

FFuller@northstarbank.com  

A graduate of St. Cloud State University with over 30 years of banking experience, Frank has an extensive commercial lending background along with executive bank management experience. He is a customer advocate and provides guidance to his customers along with proper financing to ensure a high probability of success for his client base.

Steve Ritt

Steve Ritt

Senior Vice President, Commercial Lending

SRitt@northstarbank.com

Steve has been in the Commercial Lending Department at North Star Bank for over 12 years. He is a graduate of St. Cloud State University, and earned Cum Laude honors while achieving a Bachelor of Science degree with a concentration in Marketing. He currently serves as the Banks Chief Investment Officer and helps facilitate loans of all types. Steve volunteers his time at the Century College Foundation, where he serves as President, and is a member on several other committees including the Alumni association.

Jon Stow

Jon Stow

Vice President, Commercial Lending

(651) 762-7380

JStow@northstarbank.com

With 25 years of Residential and Commercial lending experience, Jon is well versed in all types of Commercial Lending, specializing in Commercial Real Estate and Small Business Administration Loans. Jon has a Master’s of Business Administration from the University of Wisconsin, River Falls and a Bachelor’s degree from Augsburg College. Jon has worked extensively with business customers throughout the Twin Cities and Western Wisconsin. Jon is active with Business Networking International and volunteers his time with Junior Achievement & Rotary International.

Kurt Cottier

Kurt Cottier

Vice President, Commercial Lending

(651) 487-4415

KCottier@northstarbank.com

Kurt is a graduate from the School of Business at the University of Wisconsin – Milwaukee. He has over 25 years of retail and commercial banking experience. Kurt is viewed by his business clients as a trusted advisor and resource. His passion for the communities he serves is evident through his countless hours of volunteerism and leadership roles on non-profit Boards. “The best part of my job is building relationships with my clients, learning about their business and offering the financial tools necessary for my clients to build a strong and successful business.” Kurt also partners with the Small Business Administration (SBA), WomenVenture, and local Certified Development Companies to ensure his clients have the best opportunity to secure financing.

David Lameyer

David Lameyer

Vice President, Commercial Lending

(651) 487-4419

DLameyer@northstarbank.com

David is a graduate of the University of Wisconsin-Madison. He has been in the banking industry for over 30 years and has over 20 years of experience as a commercial lender. As a commercial banker, David has worked hard to be a true partner to all of his clients and has helped grow many different businesses throughout the Twin Cities. He has always been involved in the community, and is presently on the board of East Side Neighborhood Development Company and the 622 Education Foundation. He has served on two capital campaigns building the Hmong American Partnership and the Arlington Hills Community Center. David looks forward to meeting you and helping your business grow.

Brian Williams

Brian Williams

Vice President, Commercial Lending

(651) 487-4413

BWilliams@northstarbank.com

Brian is a graduate of Bemidji State University. He has over 35 years of banking experience. Brian has 30 years of experience in commercial lending and 11 years experience in bank management. Brian has experience in commercial real estate, equipment, SBA and asset based lending. One of his favorite quotes from a customer is, “Brian is my banker and partner. I don’t make a major decision with out talking to him first.”

Tony Mailhot

Tony Mailhot

Vice President, Commercial Lending

(651) 487-4435

TMailhot@northstarbank.com

Tony graduated from St John’s University in Collegeville, MN with a degree in Business Administration and a minor in Accounting. With over 25 years of commercial loan experience, Tony is knowledgeable in the areas of Commercial Real Estate, Equipment Financing, Operating lines of Credit and Leasing. Currently, Tony serves as Treasurer on the Board of Directors of C.R.E.A.T.E. and is a member of the Loan Committee for First Children’s Finance.

Sheila Nelson

Sheila Nelsen

Treasury Management

(651) 487-4414

SNelsen@northstarbank.com

Sheila has worked in banking for over 20 years, including 16 years at North Star Bank and 11 years with cash management. Her emphasis is on building customer relationships through trust, service, and appreciation for helping small businesses grow and succeed. She works closely with the commercial lending team to provide total solutions for customers. Contact Sheila for information regarding business deposit solutions, including: ACH origination, merchant capture, wires, online banking, and merchant banking services. 

 

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