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Business Spotlight

Kroubetz Lakeside Campers

Kroubetz Lakeside Campers

Paul Kroubetz started his banking relationship with MinnStar Bank when he started Kroubetz Auto Body in 1975. Kimberly started Lakeside Campers in 1999. They have grown their relationship with MinnStar Bank with various businesses. Learn more

Innovation

Equifax Data Breach

Equifax Data Breach

Last week. Equifax, one of the nation’s three largest credit bureaus, disclosed that it was subject to a massive data breach – one of the worst in the nation’s history. By the company’s own admission, the breach affects as many as 143 million Americans or roughly half of the U.S. population. This constitutes a much larger share of Americans with a credit history.

According to the company’s press release, “(t)he information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers.” Not only are consumers at risk, but their banks are put at significant financial risk from harm caused by fraudulent loans taken out by cybercriminals.

Given the risks posed by the data breach, MinnStar Bank is providing you precautions you may take to minimize potential fraud. Learn more

Starting Up

Writing a Business Plan

Writing a Business Plan

A written plan for launching and operating your business is essential for success and should be the first step in your new venture. A well-written and prepared business plan should describe the business: its products or services, market, people and financing needs. Learn more

 

Meet the Banker

Karen Ahrenstorff

Karen has been in the banking and finance industry for over 34 years. As a compliance officer, Karen is responsible for keeping up to date with any changes or new banking regulations and implementing changes.

Learn more