FDIC-insured bank offering checking, savings, CDs, loans, mortgages, and digital banking services to consumers and small businesses.
Editorially reviewed by Harvey Brooks
Highland Bank is a federally regulated financial institution with FDIC insurance backing, indicating deposits are protected by the full faith and credit of the U.S. Government. The bank operates both consumer and commercial divisions, serving individual customers and small to medium-sized businesses through a network of physical locations and digital channels.
The bank provides a comprehensive suite of financial products including Kasasa checking and savings accounts with cash-back and interest-earning features, CDs and IRAs, debit and credit cards, personal loans, home equity lines of credit (HELOCs), mortgages (including purchase, refinance, and construction options), and investment planning services. For businesses, Highland offers commercial checking and savings accounts, business loans, SBA lending, cash management solutions, and dedicated commercial banking support.
Highland distinguishes itself through partnerships with Kasasa, offering rewards-based checking accounts, and by providing specialized mortgage products like construction mortgages and HELOC options with promotional rates. The bank emphasizes digital capabilities with a comprehensive Digital Banking Suite including bill pay, card management, Zelle transfers, and mobile app access. They also highlight fraud prevention tools, financial education resources, and community involvement programs.
Highland Bank appears to be a legitimate, federally-chartered institution with transparent regulatory identifiers (NMLS ID #478369, Routing #091916378). However, the website provides limited detail on specific rates, fees, loan terms, or minimum balance requirements. Prospective customers would need to contact the bank directly or visit locations for detailed pricing and eligibility information.
Yes. Highland Bank is a registered company headquartered in Saint Paul, MN, founded in 1943. They hold a rating with the Better Business Bureau.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Highland Bank is best for customers seeking a full-service bank with FDIC protection, rewards-based checking, and mortgage/HELOC options, particularly small business owners and homeowners. The main caveat is that the website provides minimal rate and fee transparency, requiring direct contact with the bank for specific pricing and terms.
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