Frequently Asked Questions

Who is Central Bank?

Central Bank is a full service, independently owned Minnesota bank that specializes in serving the banking needs of small businesses. We have offices located in Coon Rapids, Eden Prairie, Golden Valley, St Michael, Stillwater, Lowry Hill, Newport, South St. Paul, Woodbury, Hudson, Forest Lake, Centerville, Center City, and White Bear Lake. Central Bank currently has assets of over $900 million

The bank was chartered in June of 1919 as Cosmopolitan State Bank of Stillwater to help serve the needs of the community. In April of 1991, the St. Croix Valley Bank formally merged with Cosmopolitan State Bank and became Central Bank.

Each of our market areas has the leadership of its own president. This allows Central Bank to better serve our various communities by offering our customers a 'perfect fit' through an uncommon level of service provided by a knowledgeable, creative and inspired team.

Central Bank has recently acquired the assets of a few banks such as; Mainstreet Bank, Riverview Community Bank, Jennings State Bank, and Commerce Bank.

How do I get more information or make an offer for properties listed on this web site?

To get more information or to submit offers please contact the appropriate listed real estate agent. If you are having trouble contacting the agent please email us.

Can I deal directly with the bank?

No, you have to contact the listing agent directly. We are under contract with the agent/ broker that is on the web site. Some properties may have a contact person with the bank.

Can I submit a low ball offer?

Yes, you can submit any offer you desire. However, the best way to negotiate a lower price for a property is to back your offer up with recent similar solds or other evidence why we should discount the property below the list price.

Will you provide financing?

Please contact the listing agent directly with your financing questions.