University Bank
University Bank - Home
Online Banking
Make a Deposit
Community Impact
About Us
News
  - Press Releases
- Awards
 
Business Banking
Personal Banking
Rates
Resources
Contact Us
 
200 University Ave. W.
St. Paul, MN 55103
Tel: 651.265.5600
Fax: 651.265.5601
University Bank - Minnesota's Socially Responsible Bank
 

 

UNIVERSITY BANK PROMOTES JOHN BENNETT TO PRESIDENT: June 6, 2006
David Reiling becomes CEO of Sunrise Community Banks

University Bank has announced the promotion of John Bennett to president of the bank.
Bennett has worked at Saint Paul-based University Bank for 15 years, serving as a commercial lender and community outreach activist. Over the years, Bennett has been involved in a number of different community organizations in Saint Paul. Among his volunteer efforts are serving on the Board of Directors and as past president for the North End Area Revitalization, Board of Directors for SPARC, Board of Directors for St. Thomas Alumni Association, Director for the Pool and Yacht Club in Lilydale, and King Boreas for the 2004 Saint Paul Winter Carnival, acting as an ambassador for the city of Saint Paul.
As president of University Bank, Bennett will oversee the bank’s day-to-day operations, lead and train the management team, service new and existing customers, continue volunteering for neighborhood groups, and drive the bank’s mission to be “The Leader in Improving Our Urban Community.”
“I am honored to accept this challenging position and look forward to continuing the rich tradition of community banking established by the Reiling family,” says Bennett. “Ultimately, my goal is to lead a profitable, efficiently-run bank while meeting the needs of the Saint Paul community and assisting our neighbors achieve their goals.”
Bennett started his banking career in 1981 at American National Bank in Saint Paul and served a number of years at Dakota County State Bank in the late 80’s.
Bennett graduated from the College of St. Thomas in 1980 with a degree in Business Administration and Management.
The $115 million University National Bank was designated a Community Development Financial Institution (CDFI) by the U.S. Treasury in 2001. The CDFI Fund works to expand the capacity of financial institutions to provide capital, credit and financial services in underserved markets. A member of the Sunrise Community Banks, University Bank is proud to be Minnesota’s Socially Responsible BankŪ. For more information, or to make a deposit, please visit www.universitybank.com or call University Bank at 651-265-5600.

UNIVERSITY BANK’S SOCIALLY RESPONSIBLE CD LISTED ON CHARLES SCHWAB NATIONAL INVESTMENT PLATFORM
University Bank One of Only Two Socially Responsible Banks With Products Available to Schwab Investors
SAINT PAUL, MINN., (October 5, 2005)
— University Bank in Saint Paul, Minnesota is now only the second socially responsible bank in the United States to be listed on the Charles Schwab investment platform, enabling Schwab customers access to Certificate of Deposit (CD) products that benefit low-income communities in the Twin Cities.

“After meeting with executives at Charles Schwab, they agreed that many of their investors would be passionate about investing in organizations that sustain local communities,” says University Bank president David Reiling. “By offering University Bank’s socially responsible CD as an option for Schwab investors, we are giving more individuals and businesses the opportunity to have their money achieve a ‘double bottom line’— earning competitive interest rates while also having positive social impact in urban neighborhoods. “Just as Schwab offers socially responsible mutual funds, having University Bank’s CDs listed on their platform is a chance to bring socially responsible banking before a broader audience,” states Reiling.

The $115 million University National Bank was designated a Community Development Financial Institution (CDFI) by the U.S. Treasury in 2001.

UNIVERSITY BANK’S URBAN REVITALIZATION FUND (URF) GROWS TO $66 MILLION
New Fund Will Support Projects That Benefit Distressed Neighborhoods in Twin Cities
SAINT PAUL, Minn. (August 17, 2005)
- University National Bank, the first insured Community Development Financial Institution (CDFI) in Minnesota has announced that its new Urban Revitalization Fund (URF) has reached more than $66 million in deposits since it’s formation in June 2002. The URF is a socially responsible deposit fund that supports economically challenged communities in Saint Paul and Minneapolis.

“Most people think of mutual funds when discussing socially responsible investing,” said University Bank president David Reiling. “The Urban Revitalization Fund has created an opportunity for individuals and businesses to receive a ‘double bottom line’—earning competitive interest rates, while also having positive social impact within low-income communities,” explains Reiling. “The Urban Revitalization Fund gives our customers the power to create more affordable housing, finance small business growth, and support nonprofits in the Twin Cities’ metro area.”

Since 2002, University Bank has raised more than $66 million for the Urban Revitalization Fund from individuals, local businesses, faith-based organizations and other CDFI banks across the country that believe in the Bank’s mission to improve local urban communities.

UNIVERSITY BANK PRESIDENT DAVID REILING NAMED “INNOVATOR OF THE YEAR” BY FINANCE AND COMMERCE
SAINT PAUL, Minn., (August 8, 2005)
— David Reiling, president of University Bank in Saint Paul, was named a 2005 “Innovators of the Year” by Finance and Commerce magazine. The award recognizes Minnesota’s most innovative business people and companies with imagination, vision and courage to effect positive change on businesses, industries or communities.

“University Bank is located in an inner-city community, which others in the banking industry may see as a liability—but we’ve seen only opportunity,” says Reiling. “It’s great to be recognized for our dedication to the urban Twin Cities community with this award. It reinforces our belief that you can do well by doing good.”

Reiling, along with the other winners of the 2005 “Innovator of the Year” award, will be recognized at an awards luncheon on August 24, at the Hyatt Regency Hotel in Minneapolis.

This is the fourth year that Finance and Commerce has presented awards to entrepreneurs whose companies have created products or services that have succeeded in the marketplace or shown early promise.

UNIVERSITY BANK HIRES FRANKLIN TAWAH AS ASSISTANT VP, RETAIL BANKING OFFICER
SAINT PAUL, Minn., (June 9, 2005)
— University Bank has hired Franklin Tawah as Assistant Vice President, Retail Banking Officer. In his new position, Tawah is responsible for new accounts as well as providing non-commercial loans to bank customers. Community outreach will also be part of his responsibilities.

“I’ve always been someone dedicated to the health of our local community,” says Tawah. “This position at University Bank was a natural fit for me because the bank’s community involvement fits perfectly with my goals and passions. I couldn’t be happier to be here.”

Prior to joining University Bank, Tawah was a personal banker at Associated Bank (formerly known as First Federal, and before that known as Liberty State Bank), where he was recognized as a “Top Performer” by the organization for outstanding sales volume. Before joining the banking industry, Tawah was an employment director with the Hennepin County Employment Action Center where he helped young adults get off welfare through the attainment of education and employment.

SAINT PAUL’S UNIVERSITY BANK WINS 2005 AMERICAN BUSINESS AWARD FOR “BEST CORPORATE SOCIAL RESPONSIBILITY PROGRAM”
SAINT PAUL, Minn., (June 7, 2005)
– University Bank won a “Stevie Award™” for “Best Corporate Social Responsibility Program” in The 2005 American Business Awards in New York City last night.

Hailed as “the business world’s own Oscars” by the New York Post, The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace. Nicknamed the Stevies for the Greek word “crowned,” the awards were presented during ceremonies at the Marriott Marquis Hotel in New York City. The ceremonies were hosted by CNN personality Ali Velshi, videocast live on the Internet, and broadcast nationwide on Business Talk Radio nationwide. Donald J. Trump received the first Lifetime Achievement Stevie Award.

UNIVERSITY BANK HIRES JIM NICHOLS AS VICE PRESIDENT/COMMERCIAL LOAN OFFICER
SAINT PAUL, Minn., (May 18, 2005)
- University Bank has hired Jim Nichols as its new Vice President/Commercial Loan Officer. In his new position, Nichols is responsible for providing general commercial and real estate loans to small and medium sized businesses.

“I’m proud to be working for a bank that places such great emphasis on developing communities in the Twin Cities,” says Nichols. “While many organizations make it a point to be socially responsible, University Bank makes it our business.”

Prior to joining University Bank, Nichols worked as an independent business consultant advising private and not-for-profit organizations on sales, revenue and expense strategies.

MINNESOTA’S SUNRISE COMMUNITY BANKS FEATURED ON “THE WINNERS CIRCLE HOSTED BY TERRY BRADSHAW”
SAINT PAUL, Minn., (April 21, 2005)
— On Monday, April 25 the Sunrise Community Banks—Franklin Bank in Minneapolis and Park Midway and University Banks in Saint Paul—will be featured on “The Winners Circle, Hosted by Terry Bradshaw.”

The two-minute TV segment highlights the community development work all three Twin Cities’ banks are doing in our urban neighborhoods. “The Winners Circle” will air nationally between 6:45-7:30 a.m. (Central Standard Time) and feature familiar Sunrise customers including the Franklin Street Bakery in Minneapolis and Episcopal Homes in Saint Paul.

“It is great to be recognized on a national level for the work that the Sunrise Banks family is doing to revitalize distressed communities,” says David Reiling, President of University Bank and CEO of Sunrise Community Banks. “The Winners Circle TV segment showcases some of the neighborhoods and businesses our banks were able to help through our community development mission.”

UNIVERSITY BANK TO SUPPORT PEACE COFFEE MISSION BY SERVING FREE, FRESH JAVA TO BANK CUSTOMERS
Peace Coffee works to ensure a livable wage for coffee farmers worldwide
SAINT PAUL, MINN., (April 4, 2005)
— University Bank has announced that it will begin serving Peace Coffee to its customers. Peace Coffee purchases directly from coffee cooperatives at a guaranteed minimum price ensuring the farmers a fair and livable wage. A for-profit organization located in Minneapolis, Peace Coffee offers its customers fourteen different coffees from around the globe.

“Peace Coffee shares our business philosophy that in order to be a great company, you have to first be a good company,” says David Reiling, University Bank president. "Like our Bank, Peace Coffee is committed to being a corporate steward and conducting business that is socially responsible and benefits communities in need. We are happy to serve their delicious coffee as a token of our appreciation for our customers' business."

UNIVERSITY BANK RECIEVES U.S. CHAMBER OF COMMERCE NATIONAL CORPORATE CITIZENSHIP AWARD
Minnesota Chamber of Commerce Also Recognized with U.S. Chamber Community Service Award
WASHINGTON, D.C., (December 3, 2004)
– University Bank has received the “Corporate Stewardship Midsize Business Award” from The United States Chamber of Commerce Center for Corporate Citizenship (CCC) at a ceremony Thursday in Washington, D.C.

Saint Paul-based University Bank was selected from among five finalists from across the U.S. for demonstrating ethical leadership and corporate stewardship, making a difference in their communities, and contributing to the advancement of important economic and social goals.

"I am honored to accept this prestigious award on behalf of the entire University Bank organization," said University Bank president David Reiling. "I am extremely proud of the work we do in underserved Twin Cities communities. To be recognized for our leadership and stewardship means that we are conducting business the right way while contributing to our community."

HMONG COMMUNITY ESTABLISHES SUPPORT FUND FOR WISCONSIN HUNTING VICTIMS AND SURVIVORS
Donations can be made through Saint Paul’s University Bank
SAINT PAUL, MINN., (November 23, 2004)
— In response to the shooting incident in northwestern Wisconsin on Sunday, November 21, the Hmong 18 Council in partnership with Hmong community leaders and organizations in the Twin Cities (Minn.) has established a relief fund to show the Hmong community’s solidarity and sympathy to the families touched by this tragedy.

“As a community, our hearts go out to the families whose loved ones were wounded or killed during this horrible tragedy,” says Vue Chu, spokesman for the Hmong 18 Council, a Saint Paul non-profit organization made up of clan representatives from each of the 18 last names in the Hmong culture. “We want to show our community's support through the establishment of this fund and encourage Minnesota residents, and others across the U.S. to do the same.”

UNIVERSITY BANK HIRES TONY BAISLEY AS DIRECTOR OF MARKETING
SAINT PAUL, Minn., (November 15, 2004)
— University Bank has hired Tony Baisley as its new Director of Marketing to raise the St. Paul company’s visibility as Minnesota’s Socially Responsible BankŪ.

Baisley was previously the Associate Director of Events at the University of Minnesota Foundation, where he managed the successful culmination of “Campaign Minnesota,” which raised $1.66 Billion for the University—the second largest total ever raised by a public institution.

Baisley brings 10 years of marketing and public relations experience to his new position at University Bank. Baisely will lead the charge in increasing awareness of the Bank’s community investing programs, products and services through marketing, advertising, public relations and new product development.

UNIVERSITY BANK ACHIEVES “HOUSES TO HOMES” GOAL OF RE-HABBING 1,000 TWIN CITIES’ HOMES TWO YEARS AHEAD OF SCHEDULE
SAINT PAUL, Minn. (June 28, 2004)
St. Paul-based University Bank, the first federally insured Community Development Financial Institution in Minnesota, exceeded its goal this week of financing the rehabilitation of 1,000 affordable homes in the Twin Cities before year end 2005. Since the “Houses to Homes” program’s inception in May of 2000, University Bank has financed the rehabilitation of 1,041 homes in distressed Twin Cities’ communities.

University Bank’s “Houses to Homes” program was created in response to the Twin Cities’ tight housing market, rising rent costs, and plethora of old and neglected homes in low-income neighborhoods. The program helps to finance renovators with a successful track record of buying, fixing and selling homes in disadvantaged communities. The Bank lends 100 percent of the home’s acquisition price and renovated homes are targeted to first-time or low to moderate-income buyers.

“We recognized the need to not only invest in, but take responsibility for the success or failure of underserved communities in the Twin Cities,” said David Reiling, President of University Bank. “Programs like ‘Houses to Homes’ support Twin Cities families and help to strengthen our urban neighborhoods. We are thrilled with the overwhelming success of the program that highlights University Bank’s mission to be “The Leader in Improving Our Urban Community”

UNIVERSITY BANK FIRST IN MINNESOTA TO INTRODUCE STORED VALUE CARD AS ALTERNATIVE TO TRADITIONAL BANK ACCOUNTS
New card benefits un-banked and under-banked in Twin Cities
ST. PAUL, Minn., (February 23, 2004)
— University Bank in St. Paul has become the first bank in Minnesota to introduce a Stored Value Card—a new financial tool focused on serving the un-banked, under-banked (families with teenagers and college students), as well as consumers in the Twin Cities who are looking for safer E-commerce transactions. The Stored Value Card, also called the “University Personal Cash Card,” features many of the benefits of traditional cash and credit cards, without the requirements needed to open a traditional account—such as a valid ID or minimum balance. The “University Personal Cash Card” functions much like a pre-paid Starbucks gift card; it can be used one time and discarded, or money can be re-loaded into the Stored Value Card account for continued use.

 
 


Community Impact | About Us | News | Business Banking | Personal Banking
Rates | Resources | Contact Us | Online Banking | Make a Deposit | Home



© 2007 University National Bank, Member F.D.I.C.
Privacy Policy