post. mnsun. com Local Business Today • Thursday, March 26, 2026 Page 3
HOMETOWN BANKING IN A METRO HUB: THE SUCCESS OF CENTER BANK IN PLYMOUTH
Since expanding into the Twin Cities market in 2008, Center Bank has established itself as a cornerstone of the Plymouth business community. While many financial institutions are trending toward automated, digital-only experiences, this family-owned organization has flourished by doubling down on a“ hometown banking” philosophy.
A Legacy of Local Service
Though the Plymouth branch is a modern fixture in the western suburbs, the bank’ s roots date back to 1891 in Litchfield, Minnesota. This long-standing history forms its current operations, which emphasize personal relationships over systematic processing. Under the leadership of President and CEO Allen Liestman, who took the helm in 2014, the bank has grown its assets to approximately $ 250 million. The Plymouth office, located at the southeast corner of 37th Avenue North and Vicksburg Lane, serves as a critical bridge between the bank’ s rural heritage and its metropolitan future.
Empowering Plymouth Businesses
For local entrepreneurs and companies, Center Bank offers a distinct competitive advantage: local decisionmaking. Because the bank is not managed from a distant
headquarters, credit decisions are made by leaders who understand the specific economic landscape of Plymouth and the surrounding Hennepin County area. The bank provides a comprehensive suite of business tools designed to streamline local operations:
• Active Business Checking: Accounts tailored to manage cash flow while minimizing costs.
• Cash Management Services: 24 / 7 digital control over payroll, ACH transactions, and wire transfers.
• Commercial Lending: Personalized financing solutions for small businesses and commercial projects.
• Remote Deposit Capture: Technology that allows businesses to deposit checks without leaving their office.
Community-First Philosophy
The bank’ s success in Plymouth is deeply intertwined with its commitment to community involvement. It has been repeatedly recognized by the Minnesota Bankers Association as a“ Community Champion” for its extensive volunteer work and philanthropic contributions.
This culture of service is led by President, Jim Lahl. He ensures that the bank remains a true partner to the Plymouth community. By treating customers like family rather than account numbers, Center Bank continues to prove that in a fast-paced metropolitan economy, the personal touch is still the most valuable currency.
15705 37th Ave. N. •( 763) 225-8888 • centerbankmn. com