Falcon National Bank: Company Research Report

Company Overview

Name: Falcon National Bank

Mission: To build a simplified suite of products and services, fostering long-lasting relationships centered around customer growth.

Founded: No information is available regarding the founders or the specific year of founding.

Key People:

John Herges, CEO

Imran Qureshi, VP Treasury Management

Jessica Bitz, Role unspecified

Kristen Knutson, Role unspecified

Amy Gross, Leader of Falcon Equipment Finance

Troy Cameron, St. Cloud Market President

Headquarters: No information is available regarding the specific location of headquarters.

Number of Employees: No information is available.

Revenue: No information is available.

Known For: Falcon National Bank is recognized for its commitment to community strength and involvement, providing reliable financial services including business, personal, and mortgage banking.

Products

Checking Accounts: Offers free checking accounts with high APY through the Kasasa Cash® product.

Kasasa Cash®:

Description: A high-yield checking account.

Key Features:

Earns high APY.

Offers nationwide ATM withdrawal fee refunds.

Kasasa Cash Back®:

Description: Checking account that rewards customers with cash back.

Key Features:

Customers earn cash back for debit card purchases.

Equipment Financing: Through Falcon Equipment Finance.

Business Banking Services: Includes SBA funding options and business planning support.

Recent Developments

Partnerships:

Recent partnership with Jacobs Financial aims to enhance customer and community value.

Recognition and Awards:

Won the Minnesota Top Workplaces 2024 Award.

Recognized for outstanding CRA rating.

New Personnel:

David McCarthy has joined Falcon Equipment Finance.

Imran Qureshi appointed as VP Treasury Management.

Troy Cameron named as St. Cloud Market President.

New leader Amy Gross at Falcon Equipment Finance.

Promotions and Appointments:

Gebhardt appointed as New Market President in Maple Grove.

Voit named New Market President in Foley.

Bahen promoted to CFO.

Knudson received the title of Market President.

Community Involvement

Falcon National Bank actively engages in various community activities, including sponsorships and participation in local events:

Sponsorships and Events:

Participates in events such as the Anoka Chamber Golf Event, Maple Grove Farmers Market, and others.

Donates to local causes like ROCORI Area Food Shelf and United Way.

Advisory Board: Offers insights into industry trends and banking experiences.

No information is available for new product launches or new features added to existing products, aside from the enhanced focus on community and customer service through partnerships and leadership changes.