Review 4 listed banks profiles associated with Minneapolis, Minnesota.
Minnesota allows payday lending with a $350 cap, tiered fee structure, and a minimum 30-day term requirement. The Department of Commerce regulates all consumer lenders. Consumers benefit from the Minnesota Consumer Fraud Act and can file complaints with the Department of Commerce or Attorney General.
Ameriprise Bank, FSB is a diversified financial services firm offering financial planning, investment advisory, and banking services through a network of dedicated advisors.
Profile signals: Individuals seeking comprehensive financial planning with dedicated advisor relationships, Investors looking for integrated wealth management and investment advisory services
Luminate Bank is a Minnesota-based bank offering checking, savings, mortgages, business accounts, and credit cards with nationwide lending and digital banking capabilities.
Profile signals: Minnesota-based customers seeking local relationship banking with digital convenience, Mortgage borrowers with VA benefits, jumbo loan needs, or reverse mortgage requirements
Northeast Bank is an independent Minnesota community bank founded in 1947, offering personal and business banking services with FDIC insurance and a focus on local relationship banking.
Profile signals: Minnesota-based small business owners and entrepreneurs seeking relationship-based lending and SBA financing options, Personal customers in the Northeast Minneapolis area or Minnesota communities served by Northeast Bank seeking community bank relationships
Union Bank & Trust is a union-owned bank specializing in custody and trust services for Taft-Hartley pension plans, institutional clients, and individuals, managing over $12 billion in assets.
Profile signals: Taft-Hartley pension plans and union-affiliated employee benefit programs seeking listed custody services, Union organizations and labor groups looking for banking that reinvests profits into the union movement