Growing Local Presence Premier Banks has established a significant local footprint with 20 offices across the state, indicating a strong regional customer base and potential for expanding personalized banking solutions and community-focused financial products.
Innovative Payment Solutions The recent partnership with Mastercard to launch Premier Tap, a contactless payment technology compatible with smart wearables, presents an opportunity to offer tailored digital payment solutions and security enhancements to tech-savvy clients.
Active Asset Investment Premier Banks invests heavily in local real estate, purchasing land and developing complexes, which could open avenues to provide commercial banking, real estate financing, or related financial services to support their expansion projects.
Leadership Expansion Recent hires in senior business development roles suggest a focus on growth within their Minnesota operations, providing opportunities to target businesses and entrepreneurs seeking specialized banking and financial services tailored to regional market needs.
Mid-Range Revenue Scope With revenues between 50 million and 100 million and a leaner employee base compared to giants, Premier Banks offers personalized banking options with potential for tailored financial products, digital solutions, and innovative customer engagement strategies to capture market share.