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

Mortgage Payment Calculator | Loan Payment Calculator | Savings Estimator | Debt Payoff

Mortgage Payment Calculator

Use our loan calculator to help you determine the loan financing amount and payment options that are best for you. Web browser must support JavaScript.

Years:
Interest:
Loan Amount:

Results

Monthly Principal Interest:

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Loan Payment Calculator

Use our loan calculator to help you determine the loan financing amount and payment options that are best for you. Web browser must support JavaScript.

Principal:
Number of Payments:
Interest Rate:

Results

Monthly Payment: $

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Savings Estimator

Enter how much you can afford to save each month, how long you can save this amount, and the interest rate you can get on your savings and this script will display your total savings.

Total invested each month:
Number of months/years to acquire sum:
Interest rate on savings:%

Results

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Debt Payoff Calculator

What will it take to pay off my credit card?

Enter your credit card balance: $
Enter the credit card's interest rate: %
Enter payment amount per month: $
or
Enter desired months until debt free:

Results

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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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

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