(KNSI) — The area is still finding ways to honor community banking fixture Norm Skalicky. The founder of Stearns Bank passed in November, after a 55-year tenure with the company he founded.
Skalicky moved from North Dakota, merging two area financial institutions to found Stearns Bank. Starting with $7.5 million in assets, the company has grown to $2.4 billion today. Skalicky was celebrated posthumously at last week’s Greater Saint Cloud Development Corporation banquet, winning the Community Pillar Award. Board President Brian Myres talked about his legacy as a businessman.
“Norm was a passionate entrepreneur that consistently delivered some of the best financial performances of any community bank in the country, for decades.”