Border Bancshares, Inc.
About Border Bancshares, Inc.
Border Bancshares, Inc. is a bank holding company headquartered in Greenbush, Minnesota, and structured as an S-Corp under the Federal Reserve's Minneapolis district. It owns Border Bank, a commercial lending specialist with total assets of approximately $1.06 billion and a focus on commercial lending. The bank operates eleven branches across Minnesota and North Dakota, providing personalized community banking services including commercial lending, mortgage, wealth management, and treasury services for over 80 years.
Investors
Not disclosed in the source filing. Form D filings do not list investors — StreetZero surfaces them from news where available.
Key highlights
- Border Bancshares, Inc. is the holding company for Border Bank with ~$1.06B in assets.
- Completed a $549,991 private placement with undisclosed investors.
- Operates 11 branches serving Minnesota and North Dakota communities.
- Maintains capital ratios above well-capitalized regulatory thresholds.
- Focuses on commercial lending specialization as an S-Corp entity.
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Source document & SEC filing
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