Contact Information: Contact: Debra Kosch Vice President - Marketing 651-229-2873
Alliance Bank Ranks Eighth Best Performing Community Bank in the Nation
| Source: Alliance Bank
ST. PAUL, MN--(Marketwire - June 19, 2007) - Alliance Bank, a privately owned community
bank, announced its #8 ranking of community banks across the nation in the
June 2007 issue of Independent Banker, published by the Independent
Community Bankers of America (ICBA).
The IBCA, the nation's largest banking trade association, evaluated
community banks nation-wide based on their end-of-year performance and
categorized leaders by their corporation filing status and asset-size.
Alliance Bank ranked in the top 7% of community banks for Return on Assets
(ROA) of Subchapter S corporations with assets between $250 and $500
million. Alliance Bank was also listed as a Top 20 Performer in 2006.
"We have experienced tremendous growth over the past number of years," said
V. Philip Reim, chief executive officer. "Despite the vast competition in
our marketplace, our top ranking shows that businesses and individuals
continue to turn to us for the products and services they need. We are
honored to be recognized for our performance. As we remain focused on our
clients and the communities we serve, we are poised for continued growth."
About Alliance Bank
Alliance Bank is a privately owned community bank. Alliance Bank provides
highly integrated commercial, agricultural, private and personal banking
services through ten locations in Minnesota and Wisconsin. Established in
1867, Alliance Bank delivers big bank expertise with community bank
service. As a family-owned bank, Alliance Bank is committed to remaining
independent and providing personal interaction and timely decision making.
From basic checking and savings products, to business loans, personal
loans, sophisticated cash management and online banking services, Alliance
Bank offers services to help companies and individuals succeed. Visit
www.alliancebanks.com or call 1-888-959-9425 to learn more.