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2012 EDC
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September 2012 <br /> •7 Volume 2, Issue 9 <br /> • r <br /> MouNDs ' VIEWBUSINESS NEWS <br /> Mounds View's Business Newsletter <br /> Western Bank to Become a Wholly Owned Subsidiary of American National Corporation <br /> Western Bank and American WESTERN BANK Western Bank was advised by <br /> National Corporation (ANC) River Branch Capital LLC and <br /> jointly announced on July 25, Member FDIC Equal Housing Lender CI the law firm of Fredrikson & <br /> 2012, that a definitive Byron, P.A. American National <br /> agreement has been reached that Western Bank will was advised by McGill, Gotsdiner, Workman & Lepp, <br /> become a wholly owned subsidiary of ANC, a bank P.C., L.L.O. <br /> holding company headquartered in Omaha, Nebraska. <br /> Western Bank will continue to operate as a separately About Western Bank <br /> chartered bank. Julie Sands Causey, Chairman of Founded in 1915, Western Bank is an independent, <br /> Western Bank will join the ANC Board of Directors. community bank dedicated to meeting the specialized <br /> ANC also owns American National Bank, needs of businesses and offering a full range of <br /> headquartered in Omaha. Both banks will operate services to all customers. The bank has five <br /> within their respective markets as independent banks geographically dispersed locations serving customers <br /> under the ANC holding company. With combined throughout the Twin Cities metropolitan area. The <br /> assets of$2.5 billion, American National will provide an corporate office still serves the original St. Paul, <br /> already strong Western Bank with the infrastructure of Minnesota neighborhood in which it started, with other <br /> products, technology and lending strength to support offices in Edina, Maplewood, Mounds View, and <br /> growth and expansion within the Twin Cities market. Oakdale, Minnesota. Western Bank has assets of over <br /> Customers will receive the same great service they $400 million and provides a full line of deposit and loan <br /> have come to know and expect. services to businesses, nonprofit organizations and <br /> individuals. Western Bank is a Preferred SBA lender. <br /> "It's business as usual, except with more products, Visit www.western-bank.com for more information. <br /> technology and capacity to provide our customers an <br /> even better banking experience," says Tony Lemaire, About American National Corporation <br /> President & CEO of Western Bank. Julie Sands American National Corporation (ANC) is a bank holding <br /> Causey, Chairman of Western Bank added, "Western company, headquartered in Omaha, Nebraska. <br /> Bank will have the same talented leadership and American National Bank is a wholly owned subsidiary of <br /> banking team, quick local decision making, direct American National Corporation. The Bank has a long <br /> experience with the local market, personalized service and successful history dating back to 1856, with family <br /> and the same involvement and tangible commitment to ties since 1909. It is the second largest privately-held <br /> the community that people are accustomed to. We are local bank in the Omaha/Council Bluffs market area. <br /> honored to become part of this quality organization." With assets over $2 billion, American National Bank <br /> serves both business and consumer markets. It <br /> Steve Ritzman, President & CEO of American National operates 32 full service offices, in Omaha/Council <br /> Bank said "Western Bank is very similar to American Bluffs/Lincoln and other communities in Nebraska and <br /> National Bank in community focus and values. Both are Iowa. American National Bank is the third largest <br /> very strong, healthy community banks, with a mission to leading mortgage lender in the Omaha/Council Bluffs <br /> support their communities. Western Bank has a terrific market, and is one of the select preferred lenders in the <br /> reputation and trusted name in the Twin Cities area." region. Visit www.anbank.com for more information. <br /> Mounds View Business Council Meeting — October 10, 2012 <br /> The Twin Cities North Chamber invites business owners to attend Mounds View Business Council meetings the 2nd <br /> Wednesday of each month at the Mounds View Community Center. We hope to see you at the next meeting on <br /> Wednesday, October 10, 2012, at 7:30am. <br /> City Hall: 763-717-4000 City Website: www.ci.mounds-view.mn.us <br />
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