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Anchor Bank and the Federal Reserve will be closed Monday, Sept. 07 in observance of the Labor Day holiday.


Community news

We call Anchor a “community bank” because we are actively involved in the communities we serve. Beyond merely providing financial services to local businesses and families, we strongly encourage our team to volunteer for service opportunities that are making a positive difference.

Anchor Bank Woodbury offers expertise at Community Expo

The Anchor Bank Woodbury team was pleased to be part of a fun, "Main Street for a day," offering their expertise in purchasing, refinancing and remodeling  at the Woodbury Community Expo. 

Woodbury Home Show

Garrett O'Keefe awarded Eagan Foundation Scholarship

We were pleased to present the Anchor Bank Scholarship to Garrett O'Keefe at the Eagan Foundation's Scholarship Breakfast.  He is planning to attend Iowa State University to study Mechanical Engineering. Congratulations, Garrett! We wish you the best of luck.

Anchor's Cash Management Team attends AFP Conference

Anchor Bank’s Cash Management team attended the AFP Minnesota Annual Conference at the St. Paul RiverCentre in support of exhibiting client, Elire, Inc. What a great experience to expand industry knowledge while networking and supporting our colleagues!

Apple Valley team exhibits at Twin Cities best home show

The Apple Valley Chamber's Home and Garden Show featured over 115 exhibitors, including the Apple Valley Anchor Bank Team. KARE 11 is calling it "One of the BEST local Home Shows in the Twin Cities."

Anchor Bank was proud to support the Heart Safe Plymouth Project

The Rotary Club of Plymouth has trained more than 1600 people in emergency CPR and AED. Anchor Bank was proud to support the Heart Safe Plymouth Project and its work to help make the community a safer place to live and work at at a recent recognition luncheon.

Anchor Bank among 150 exhibitors at the Lakeville Home Show

Anchor Bank Lakeville was among 150 exhibitors at the Lakeville Landscape Home Expo and Consumer Showcase this weekend, educating consumers about financing home improvement projects. Talk to your banker to find out how you can let your house by itself a new kitchen .

Anchor Bank exhibits at Burnsville Community Home Show

Hosted by the Burnsville Chamber, Burnsville-Eagan-Savage School District 191 and the City of Burnsville, Anchor Bank Burnsville exhibited at the at the Burnsville Community Home Show. Guests learned from the pros in seminars on topics such as home maintenance tips and improving the value of their home .

Anchor volunteers pack 11,667 meals with Second Harvest Heartland

What a great experience and a great cause to volunteer with Second Harvest Heartland. Our Anchor Bank team of 10 packed pallets (500 boxes) containing over 11,667 meals that will serve families right here in the Twin Cities.

Anchor sponsors Dakota Cnty. Regional Chamber WomEn's Conference

Hearing from influential busness leaders Angie Bastian, Mary Rose Iten, and Kristen Brown at the Dakota County Regional Chamber WomEn's Conference was truly inspiring.  Anchor Bank was happy to sponsor #DCRWC in support of many of our colleagues and business community.  

Anchor Bank Burnsville supports "Bite of Burnsville" fundraiser


Anchor Bank Burnsville was pleased to support the Burnsville Chamber in an evening of fantastic dining and entertainment, at the annual #BiteofBurnsville fundraiser.


Anchor Bank Arden Hills sponsors Cystic Fibrosis Fundraiser

Anchor Bank Arden Hills is a proud sponsor and donor of a guided finishing trip to the live auction benefitting "With one Breath" Cystic Fibrosis Fundraiser, held at O'Gara's Bar & Grill in St. Paul.

Anchor Bank is a proud sponsor of 12th Annual Hope Gala

Anchor Bank Blaine was thrilled to attend the 12th Annual Hope Gala, a benefit for Alexandria House, held at the Tournament Players club in Blaine.

Anchor Bank Quarterly Community Banking Award Ceremony!

We’re proud to be able to recognize so many of  our Bankers for outstanding hard work and dedication at the Anchor Bank Quarterly Community Banking Award Ceremony!  

Anchor Bank Lakeville Mardi Gras

Anchor Bank Lakeville and the Chamber of Commerce came together to jazz up Business After Hours, Mardi Gras style, on Fat Tuesday.

Anchor Bank Eagan participates in Eagan Foundation's Grant Awards

Anchor Bank Eagan honored the many talents of The Eagan Foundation’s Grant Award recipients during the annual award breakfast held at Eagan High School. Congratulations to this year’s recipients— 360 Communities, BrainPower in a BackPack, Caponi Art Park, Cheerful Givers, Eagan Art Festival, Eagan Men’s Chorus, Eagan Theater, Eagan Traveling Baseball, Kids ‘n Kinship, The Link, The Open Door and Youth Dance Ensemble!

Anchor Bank Lakeville sponsors expo booth workshop

Anchor Bank Lakeville partnered with the Lakeville Area Chamber of Commerce to sponsor a fast-paced, interactive expo booth workshop in preparation for the Lakeville Landscape & Home Expo. Check out these three strategies to help boost performance in booth set up shared by key-note speaker, Susan Brauer, CME, founder and president of @Brauer Consulting Group, LLC #ChamberExpo

1. Develop a pre-show strategy: 1) Why are we doing this; 2) Who are we trying to reach; and 3) What’s our measure of success?

2. Develop your key messages— Remember, features tell and benefits sell. Your messages should answer what every attendee is asking him or herself: “What’s in it for me?”

3. Literature, promotional products, and demos should be memorable, provide a link to who you are and what you do, and should be handed out selectively

Connecting Commerce and Community: Anchor Bank Woodbury


Connecting Commerce and Community: Anchor Bank Woodbury was proud to help recognize recipients of the 2014 Woodbury Area Citizen Award

Anchor Bank Wayzata Participates in SOUPer Cook Off

Along with seven other banks, the Wayzata Anchor Bank team prepared a delicious chili recipe to participate in IOCP's Banker SOUPer Sleep Out Cook-Off, to raise money which will support over 1,875 local families. Thanks to the generosity of the community, IOCP has met its goal.

Gene Berwald Retires From Anchor Bancorp Board of Directors

(Photo L to R) Jeff Hawkins, President & COO, Anchor Bank
Jim Huninghake, Sr. Vice President, Commercial Banking, Anchor Bank
Gene Berwald, retired Anchor Bancorp Board of Directors


After 25 years of service and leadership, Gene Berwald has announced retirement from his board position with Anchor Bankcorp. A respected and visible member of the North St. Paul business community, Gene has consistently supported wise fiscal management and policies for Anchor Bank and our customers. In addition, his numerous referrals of new customers are an amazing testament to his belief in supporting our locally managed, community bank.

Gene is the former President and CEO of Berwald Roofing, a fourth-generation roofing and sheet metal construction provider with a 75-year history in North St. Paul. His business connections have contributed to valuable board discussions, connections and trust in our St. Paul location and beyond as we’ve grown. After 20 years of serving on one of five boards for the expanding Anchor Bank system, Gene accepted a board position on the Anchor Bank holding company, Anchor Bancorp, in 2009 when the bank consolidated to one national charter.

Anchor Bank President and Chief Operating Officer, Jeff Hawkins, said that Gene’s presence and contributions to the board would be missed. “He has been the epitome of what a community bank director should be. Loyalty to his own customers and staff at Berwald Roofing translated to loyalty to Anchor Bank to realize our business goals. He understands the business side and the personal side of running a good business and keeping customers happy. Without his direct representation on the board going forward, it will be all the more important for our staff to maintain a pulse on the North St. Paul community. His departure will be a big loss for us.”

Gene certainly isn’t the “retiring” kind, and we suspect the extra time will be spent with his grandchildren and maybe on more hunting trips. We wish Gene all the best and look forward to seeing him at Anchor Bank anytime for a business or personal visit..



Celebrate West St. Paul Days Parade

West St Paul Staff and families participated in The Celebrate West St Paul Days Parade on Saturday May 17th. Anchor Bank was the sponsor for Miss West St Paul 2013, Alyssa Ortiz. We had great weather for the event as we said farewell to Alyssa during her last parade.

Jones speaks to Wazata Sun Sailor about history of Anchor Bank

Anchor Bank CEO, Carl Jones, recently spoke to the Wayzata Sun Sailor about our history and commitment to strengthening local communities. Learn how we got our start by reading the full article. Click here.

Woodbury Lions Club host Largest Garage Sale in the Country

As the treasurer for the Woodbury Lions Club, Carrie Frost, Bank Manager of Anchor Bank Lakeville, facilitated the 37th annual Woodbury Lions Garage sale, May 8th-12th. Over 730 registrants and 10's of thousands of people flocked to the city from several surrounding states for this annual event. In fact, It’s the largest city garage sale in the country!