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Scheduled System Maintenance

To keep things running smoothly we will perform system maintenance from April 26 at 10:00pm to April 27 at 7:00am Central Time.  Thank you for your patience.

Community news

We call Anchor a “community bank” because we are actively involved in the communities we serve. Beyond merely providing financial services to local businesses and families, we strongly encourage our team to volunteer for service opportunities that are making a positive difference.

Anchor Bank Wayzata is moving...across the parking lot

Anchor Bank is proud to be a part of a community redevelopment project at the corner of Wayzata Boulevard and Central Avenue. In April, we will be breaking ground for a new building just north of our current parking lot. We expect to move in around Labor Day, when construction on a new Walgreens will begin on our current building site. Included with this project are improved entrance and exit sites as well as the removal of two homes and the addition of three more. The result will be reduced congestion near the corner of Wayzata Boulevard and Central Avenue.

During construction we will still be in our same location with the same hours. Over the next few months please watch for signs regarding changes to the parking lot entrance and exit. In the near future you will receive additional communication regarding our move and how it impacts you.

We appreciate your patience and thank you for your support as we work through the construction project.  We look forward to seeing the positive impact of the new building for our customers, the community and our team.

Anchor Bank Apple Valley Remodeling Underway

Pardon our dust, and plaster, and paint!

Anchor Bank is remodeling our Apple Valley location to update the office spaces of many of our employees. This remodeling won’t impact bank operations or customers—if you’re an Apple Valley Anchor Bank customer you’ll be able to continue banking at this location while the work is underway.

Although the building was recently sold, we have no plans to leave the location and are looking forward to seeing the positive impacts of the remodeling. We continue to have 65 employees at this location. Most of the renovations won’t be visible to Anchor customers, but the result will be to move our support staff into updated offices, plus create a new training facility for Anchor. Both employees and customers will get to experience the benefits of the remodel in coming months.

We will remain a visible and supportive member of the Apple Valley community and are committed to this location and building. If you haven’t stopped into your local bank recently, come in and say hello and see what we’re doing to the place.

Anchor Bank in February edition of Minnesota Business

Anchor Bank was featured in the February edition of Minnesota Business in the Lessons for Leaders column. The article talks about customer service and loyalty, as well as the approach we take with our clients. We are honored to be a part of this article and look forward to continuing to build long-term customer relationships and strengthening our communities. Knowing our customers while serving them and their communities has been a top priority since we were founded. We have continued that tradition by being actively involved and offering accessibility to the entire Anchor Bank team.  You can read the article, learn more about how we work and find deep customer service tips by clicking here.

CornerHouse celebrates 25 years

CornerHouse, a child advocacy agency supported by Anchor Bank, is celebrating its 25th year. Find out more about their cause and how they’re helping children across Minnesota.  Click here to read more.

Anytime Fitness ranked the Top Franchise of 2014

With 1,500+ locations slated to open in the next five years and 1,400+ people in 10 countries tattooed with the company logo, it’s no wonder Anytime Fitness was ranked the Top Franchise of 2014 by Entrepreneur. Read about the CEO Chuck Runyon’s business model and what’s in store for the 24-hour gym. Click here to learn more.

Canadian Pacific Holiday Train

All Aboard! The Canadian Pacific Holiday Train is a freight train covered in thousands of bright lights. It makes 140 stops across Canada and United States and raises awareness of the issue of hunger in communities. Canadian Pacific provides a box car stage, a line up of great musical talent and a corporate contribution to the local food bank at each location. Food banks provide collection bins for nonperishable food. Communities, in turn, donate food and funds, all of which stays in the community. The Holiday Train has raised over $7.4 million and 3 million pounds of food since 1999.

Cottage Grove, MN has hosted the train for the past 11 years and has been designated the largest stop in crowds and donations. This year's event on December 14 raised over $142,000 for our local food shelf: Friends in Need. New this year, Cottage Grove was chosen as the only stop to expand its celebration to include a free performance by Grammy award-winning singer, Sheryl Crow as well as the a capella group, Take 6.

Rhonda Mann, Senior Vice President Personal Banking, East Market Manager has been a member of the committee for the past 11 years and is a current board member of the Food Shelf. Anchor Bank St. Paul Park participated by providing a drop off location for food donations and sold train cutouts for a $1 donation to the Friends in Need Food Shelf. They also organized the selling of the train cutouts with area businesses and awarded a trophy to the business which sold the most.

Small Business Success Stories by Twin Cities Business Magazine


The Line Up and Morrissey Hospitality Companies, Inc., both clients of Anchor Bank, were recently honored as Small Business Success Stories by Twin Cities Business Magazine. The Line Up was named an honoree and Morrissey Hospitality Companies, Inc. a finalist. Nominees are chosen based on compelling stories submitted from within or outside of the business. You can learn more about the nominations here.  The Line Up has been creating custom costumes and performance apparel for 20 years and Morrissey Hospitality Companies, Inc. has been a full-service provider of management, development and consulting since 1995. The small businesses will be recognized at the January 21 awards dinner. Congratulations to you both; we couldn’t be more proud or inspired by your achievements!

Anytime Fitness in Fast 50

Congratulations to Anytime Fitness for making Minneapolis/St. Paul Business Journal’s Fast 50 list in 2013! To learn about the company and the goal of making each of its clubs a “one-stop shop for healthy living” from CEO Chuck Runyon click here.

Anchor Celebrates Urban Ventures’ Efforts to go “Above and Beyond”

Recently over 800 guests came together at Urban Ventures to celebrate 20 years of the organization making an impact on the Twin Cities. Generous donors invested over $615,000 in the lives of youth and families to provide ways out of poverty through Urban Ventures. Anchor Bank’s Julie Novak and Julie Anderson attended in support of both Urban Ventures and City Kid Java. City Kid Java is a for profit business, owned by Urban Ventures, whose proceeds benefit the Urban Ventures organization.

In addition to hearing stories of transformation from Urban Ventures' participants, the evening included:
• Live performances from Urban Ventures Music Academy students and special guests.
• 2013 Community Builder's Award recipient Mayor R.T. Rybak.
• An inspiring keynote address by Dr. Ben Carson, a renowned neurosurgeon who was previously poverty-stricken.

Sweet Harvest Foods Joins Anchor to Serve Sharing and Caring Hands


Heath Stanton, Michelle Murzyn and Julie Anderson of Anchor Bank, alongside our client Sweet Harvest Foods, served at Sharing and Caring Hands for the second time in our monthly commitment to the nonprofit organization. Anchor Bank employees volunteer for Sharing and Caring Hands one morning of each month and serve breakfast to 300 individuals in need. It is a part of Anchor’s values to give back to the community, a value we share with Sweet Harvest Foods. 

P Darcy Riess, CEO of Sweet Harvest Foods said of the event, "Thanks so much for inviting us to share another great event at Sharing and Caring Hands. As always at these kinds of events, you leave with a gracious heart knowing that you've been given this opportunity to serve some beautiful folks and just maybe your smile gave a glimmer of hope to someone less fortunate. What an amazing place!"

McCabe Named to Good Neighbor Hall of Fame

Larry McCabe was named to the Popp Communications/WCCO News Radio Good Neighbor Hall of Fame on October 24. Larry was not only recognized as someone who is “always ready to lend a helping hand,” he was also praised for his 17+ years of volunteer work throughout the community. This includes his role as the past president of the ISD 622 Education Foundation and as the originator and director of the North Saint Paul High School traveling basketball program.

You can listen to the audio recording of the announcement that played on WCCO here. Larry has been a member of the Anchor Bank team since 2004 and is a great example of the commitment we’ve made to serve our community. We are proud to call him our team mate.

Zerorez in Business Journal

With a growth rate of over 98%, it’s no wonder that Zeroez made the Minneapolis/St. Paul Business Journal’s Fast 50 list in 2013. Congratulations to co-owners Michael Kaplan and Jim Hoag and their team! Learn more about Zeroez click here.


Haberman in Fast 50

Haberman was recently awarded the #27 spot on the Fast 50 2013 list by Minneapolis/St. Paul Business Journal. We’d like to congratulate CEO and Co-founder Fred Haberman and his team on this achievement! Find out who else made the list click here.

2013 Anchor Bank Cup

When the Wayzata Fire Department took on the Wayzata Police Department at Wayzata’s Klapprich Field in the 17th annual Anchor Bank Cup, everyone knew there was more than softball going on. While the friendly but competitive public safety faceoff is a yearly battle for the bragging rights that come with the winner’s Anchor Bank Cup trophy, all the participants know who the real winner is before the first pitch is even thrown: the Wayzata community.

In the 2013 installment of the Anchor Cup, Anchor Bank once again put up $1000 in prize money, promising to donate $501 to the winning side’s favorite charity and $499 to the other team’s chosen cause. Coming off a Police Department victory in 2012, this year’s softball match-up held some urgency for Wayzata’s 30-member volunteer Fire Department, who hoped to regain the trophy and continue the historical pattern of alternating victors every year. But in a first-ever Anchor Bank Cup repeat victory, the Police Department prevailed, with help from Greg Rye’s highlight-worthy grand slam that tied the score late in the game.

While only the Wayzata Police got to take home the Anchor Cup trophy this year, both teams left the field with many memorable moments to rehash in the year ahead, and a little extra help to offer their chosen charities. And Anchor Bank Wayzata came away, like every year, knowing they had made a winning investment – helping friends and neighbors get together to celebrate good public safety, good fun, and the good relationships that help our communities thrive.

Saving Lives and Landfills with Mano A Mano

Established in 1994 with the goal of saving surplus medical supplies from Minnesota landfills and sending them to Bolivia for use, Segundo Valesquez (a native of Bolivia) started Mano A Mano.  Today, Mano A Mano has grown into an organization that has built more than 300 infrastructure projects throughout Bolivia – from clinics and schools to roads and water reservoirs.  All projects are done in collaboration with the local community, and therefore have sustainability to continue operating year after year with the support of residents and advocates in the immediate area.  Ultimately, Mano A Mano's mission is to create partnerships with impoverished Bolivian communities that improve health and increase economic well-being.  

In 2012, Mano A Mano came on board with Anchor.  As Anchor Bank employes are dedicated to supporting the clients they serve, Mano A Mano was asked how Anchor Bank could help further Mano A Mano's mission (outside of being their financial services partner).  Their response was a request for us to help sort and label supplies that are to be shipped to Bolivia. We happily agreed, and a group of Anchor bankers headed to the facility to do just that.  It was a humbling experience as it was quickly realized that we are better at banking than we are at identifying medical supplies and equipment.  Still it was a successful day of packing!

Pioneer Day Corn Feed

Start with sweet, Minnesota ears of corn, add a little water and serve with a smile and you’ve got the recipe for the sweet corn the staff from Anchor Bank St. Paul Park serves up for Pioneer Day.  The City of Newport’s Pioneer Day is an annual get together at Pioneer Memorial Park for families and the community of Newport.  People come from miles around to have fun, celebrate their history and EAT CORN!  The sweet, gold nuggets of corn are a tasty treat the folks at Pioneer Days look forward to every year.  Anchor Bank provides about 1,500 ears of corn for the corn feed, an all-you-can-eat corn on the cob event. The attendees only need a Pioneer Day button and they were given all the sweet, juicy Minnesota sweet corn they could eat!  

The Cookie Cart

What a cool way for Anchor Bank to get involved!  Our Anchor Bank summer interns reached out to Cookie Cart to support this wonderful youth service.  Started in the 1980’s to help Northern Minneapolis youth escape gang recruitment, the Cookie Cart is a nonprofit that provides employment to teenagers (ages 15-18). In addition to learning life skills in the bakery, youth at Cookie Cart receive career guidance, exploration opportunities, mock interviews, resume writing experience, and a skill readiness program issued by the ACT. Cookie Cart works to empower youth to become their definition of successful. This is made possible by providing them with necessary resources, stellar mentors, and a supportive community who believes in the cause, including Anchor Bank.

It all began with the interns working side-by-side teens in the bakery making cookies. Over a three week span the interns coordinated cookie sales hosted at different Anchor Bank locations.  Teen employees from Cookie Cart visited over the lunch hour to sell cookies to the bank staff.  In addition, the interns held a fundraiser at each location with both employee and bank customer donations supporting the future expansion and renovation at the Cookie Cart facilities.  Over $3,200 was raised for Cookie Cart who plans to begin their renovation project soon.

Cookie Cart staff and  teen employees were grateful to Anchor Bank for their support, with a special thanks to Anchor Bank Arden Hills which had the highest donation rate per employee, as well as interns Taylor, Jared, Brad and Allison for all of their hard work! 

The Phoenix Residence Golf Classic


Anchor Bank customer, The Phoenix Residence, held their annual golf event on June 10 at River Oaks Golf Course in Cottage Grove to help support their mission of developing person centered quality living experiences for individuals with disabilities.  The organization was founded in 1974 by Margaret Ludden, the parent of a son with disabilities.  Margaret formed a coalition of parents like her who had grown children with developmental and physical disabilities, and laid the groundwork for the programs and facilities that make the Phoenix Residence the amazing organization it is today.  Anchor bankers golfed in the event and took first place for the second year in a row!


Stone Soup-er Bowl

Anchor Bank St. Paul Park is a sponsor of the Stone Soup-er Bowl at Park Grove Bowling Alley, benefitting the Stone Soup Thrift Shop. The event’s proceeds directly benefit the operating budget of the thrift shop whose mission is “to engage the community in supporting families and individuals by providing access to quality used clothes, household items and furniture in a convenient, dignified manner.” Needless to say, the event included bowling as well as food and fun! The St. Paul Park employees formed a team to bowl and also pitched in to help make the event a great success. As a sponsor of the event, Anchor Bank St. Paul Park also sells bowling ball pin-ups for $1 to raise money for the organization.


Stanton’s Rotary Recruit
Heath Stanton, Sr. Vice President, Business Banker at Anchor Bank, is also the President of the St. Paul Sunrise Rotary Club for 2012-2013. At the club's May 23 meeting, Heath leveraged his status as the Gopher's #1 sports fan to get the University of Minnesota Athletic Director, Norwood Teague, as the program speaker. It was an excellent presentation covering Norwood's strategic plan in running the $80 million business that is the U of M Athletic Department, including enhanced results (more winning), talent recruitment, managing the 300+ employee base in the Athletic Department as well as community outreach and donor networking/solicitation.