Premier Bank Minnesota Finalizes Rochester Branch Consolidation Plan

I get to work with a few people at Premier Bank from time to time, and they have always been extremely nice to me so I was very excited for them when I saw they were building a new branch location on 37th Street, right off Highway 52 in Rochester.

The business actually started in a double-wide trailer back in 1974 as Maplewood State Bank. It officially changed its name to Premier Bank in 1988, and over the years, the company has grown to become one of the largest banks based in Minnesota.

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Premier Bank now operates 20 locations across the state, including the new Rochester site we first reported on in December 2024.

Premier Bank Minnesota Finalizes Rochester Branch Consolidation Plan

According to a press release from the bank, the North Broadway & 37th Street branch  (located in the same area as Whistle Binkies North) will consolidate into Premier Bank Minnesota's new location at Highway 52 & 37th Street.

Corey R. Heimer, President of Premier Bank Minnesota, said the company is committed to the Rochester community, "Our investment in the new Highway 52 & 37th Street branch reflects that commitment and positions us to better serve customers for years to come."

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The North Broadway Branch will close on December 31, 2026, but customers will continue to receive the same products, services, and support from Premier Bank Minnesota. All existing accounts, deposits, loans, and banking relationships will not be affected by this move.

In addition to the new Highway 52 & 37th Street branch, full-service locations in Rochester will remain open at:

• Downtown: 421 1st Ave SW, Rochester, MN 55902
• Greenview: 1706 Greenview Place SW, Rochester, MN 55902