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CEO of Advia Credit Union in Michigan to retire

Cheryl DeBoer will step down in early 2023 as president and CEO of the $2.7 billion-asset credit union, which has not yet named a successor. ....

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In business: Chamber of Commerce names 2021 business award-winners

Falcon National Bank acquired a Maple Grove bank through a merger finalized at the end of April. ....

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Foley Based Falcon National Bank Adds Sixth Location in Maple Grove

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(KNSI) – A central Minnesota bank is expanding its reach by acquiring a community bank in the northwest Twin Cities Metro.
A press release from Falcon National Bank says it has acquired Maple Grove Eagle Community Bank. The deal was finalized on April 30th.
John Herges, CEO of Falcon National Bank, called the merger “really exciting news,” adding, “Maple Grove is a growing community, and we are perfectly positioned to deliver a unique approach to serving small businesses and consumers-alike in that market.”
Falcon National Bank is a preferred lender with the Small Business Administration and was instrumental in leading businesses through securing PPP loans at the onset of the COVID-19 pandemic. ....

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