Tools & Resources

The team at MinnStar Bank wants you to have the information you need to be successful. We provide comprehensive Tools & Resources to help you manage your finances.

Financial Calculators


Business Spotlight

At MinnStar Bank, we are committed to taking the time to understand our client’s business banking needs, goals and dreams. Our Business Spotlight features a local business in the community that we have developed a relationship with to help them achieve their goals. Our knowledgeable staff guides clients and offers the right products and services to help them grow and succeed. Read our latest Business Spotlight


Innovation

Knowing what is trending in the business community can put you one step ahead of your competition. MinnStar Bank offers Innovation to feature articles from a variety of resources on what the business community is witnessing and predicting in the months and years to come. At MinnStar Bank we are committed to taking the time and understanding our client’s business needs, goals and dreams. We want to walk alongside our clients and their industries evolve and expand to help them grow and succeed. Read our latest Innovation


Starting Up

MinnStar Bank takes the time to understand our client’s needs when a new business idea is on the table. We have the expertise to work with clients to identify their business banking needs, goals and dreams. Starting Up features helpful advise from a variety of resources to take a business idea and turn it into a reality. Topics like business planning, organization, accounting, insurance and more can help advice clients through the conception of their business. Read our latest Starting Up 


Business Spotlight

Dunkin’ Donuts

Dunkin’ Donuts

Dunkin’ Donuts officially opened on March 29, 2017, but MinnStar Bank N.A. worked with Dave Schooff and Oliver Schugel for nearly 18 months prior to make it a reality. “The process from start to finish had multiple steps and many layers. Our ability to work in and around those facets is one of MinnStar Bank’s strengths. It separates us from others,” says Mark Monson, Vice President, MinnStar Bank. “My relationship with Dave goes back a number of years and I think he understood that being a little creative was the key to getting this venture up and off the ground. He and Oliver trusted MinnStar to deliver and we did.” 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. 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

Ryan Gustafson

Ryan comes to MinnStar Bank with 17 years of lending experience and 15 years of management experience. He is responsible for overseeing the mortgage or construction process from start to finish and assisting in the daily activities of the Mankato office. His years of experience provide a comfort level throughout the mortgage process. Ryan recently finished six years on the Junior Achievement board, is a youth basketball and baseball coach and volunteers for United Way.

Learn more