Banks/Lending and Financial Services


It all began in 1904 in a town called Bertha...

Star Bank has a rich history dating back to 1904, when it was originally chartered as The First National Bank of Bertha in Bertha, Minnesota. It operated as a single bank for eight decades until 1984 when the First National Bank of Bertha acquired the First National Bank of Verndale. The two offices operated under the name of First National Bank of Bertha-Verndale until March 2000 at which time the name was changed to Star Bank.

In 1990, Mr. Harold (Harry) Wahlquist established a holding company for the purpose of acquiring the First National Bank of Bertha-Verndale. Since then, Star Bank has experienced significant growth, from two offices to ten through various acquisitions and new branch openings. This includes the acquisition of Citizens State Bank of Barrett (1995); the acquisition of the Elbow Lake and Wheaton Offices of Metropolitan Federal Savings and Loan (1995); First State Bank of Graceville (1995); the merger of charters and name change to Star Bank in 2000; acquisition of the Eagle Bend Office of Lake Country State Bank of Long Prairie (2001); a loan production office in Annandale (2004); the opening of de novo branches in Annandale (2005) and Eden Prairie (2010); and the acquisition of the Maple Lake Office of the First National Bank of Elk River (2012).

Throughout its history, Star Bank has grown and evolved, maintaining its commitment to serving its communities and providing exceptional banking services to its customer.

Why Choose Us?

Since we began, we've been committed to helping our neighbors and local businesses find their financial success. That remains true today, as we proudly serve 10 great Minnesota communities.


It's all about relationships and we are committed to being your trusted financial resource. 

Whatever you need to reach your goals, we are here to help you find the best solutions so that you can bank the way you want. These are our commitments to our customers and to the communities we serve: 

Financially Sound. Our bank's strength and stability stem from our conservative risk-taking philosophy, which prioritizes long-term benefits over short-term gains. We maintain this approach because we are committed to being a dependable presence in our communities for years to come. We take pride in providing sound loans to hardworking people in our local communities, and we are honored to be a trusted financial partner for the areas we serve. 

Customer-focused and Community-minded. At our core, we strive to make a positive impact on our customers and communities. As technology and customer needs evolve, we recognize the importance of convenience, security, and financial savvy. We are continuously reviewing and enhancing our product and service offerings to honor these recognized needs. By leveraging technologies and the capabilities of our talented staff, we are able to stay ahead of the curve and better serve our customers' ever-changing needs. 

Excited about the future. We are optimistic about the future of Star Bank our valued customers. Our confidence lies in the exceptional quality of our products and services, as well as the expertise and integrity of our amazing staff. Through providing solid advice, hard work, and leveraging our extensive experience, our customers and our bank will continue to grow and thrive together. Our strong founding values and principles that Star Bank remains at the heart of everything we do, propelling us forward with steady momentum.

Additional Info

Business Hours : 9 AM - 5 PM | M-F



Jay Whitcomb
Assistant Vice President

Brenda Franke
Branch Operations Manager

Ray Lesnar
VP Construction Lending

Jay Whitcomb
Assistant Vice President

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