Coon Rapids bank earns state business award

KleinBank, which has a branch in Coon Rapids, was nominated for and selected as a 2012 winner of the Minnesota Family Business Awards (MFBA).

The MFBA program is presented annually by Twin Cities Business, in association with Hubler for Business Families.

Five businesses are selected that demonstrate an outstanding job of combining family values and traditions with solid business principles and best family-business practices – including training and development of the next generation – while growing and managing strong, resilient companies.

“We are honored and thrilled to be selected as a winner of the Minnesota Family Business Awards,” said Doug Hile, president/chief executive officer of KleinBank.

“KleinBank has been united by a set of family values handed down from generation to generation that we continue to live by every day in everything we do.

“These core values of integrity, excellence, teamwork, change and innovation drive our behaviors with each other, our customers and our communities.

“We have found that staying true to our values has resulted in our ability to succeed in making a meaningful difference through service for over a century.

“We thank Twin Cities Business and Hubler for Business Families for sponsoring the Minnesota Family Business Awards program.

The Klein family entered banking in 1907. Today with assets totaling over $1.5 billion, 21 branches and a financial team of 393 banking professionals, KleinBank is Minnesota’s largest family-owned state bank and the 2011 recipient of the Minnesota Business Ethics Award.

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