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University Bank David Reiling Named 'Innovator Of The Year' By Finance And Commerce

University Bank David Reiling Named 'Innovator Of The Year' By Finance And Commerce

Published 08-09-05

Submitted by University Bank

SAINT PAUL, Minn.--David Reiling, president of University Bank in Saint Paul, was named a 2005 "Innovators of the Year" by Finance and Commerce magazine. The award recognizes Minnesota's most innovative business people and companies with imagination, vision and courage to effect positive change on businesses, industries or communities.

"University Bank is located in an inner-city community, which others in the banking industry may see as a liability--but we've seen only opportunity," says Reiling. "It's great to be recognized for our dedication to the urban Twin Cities community with this award. It reinforces our belief that you can do well by doing good."

Reiling, along with the other winners of the 2005 "Innovator of the Year" award, will be recognized at an awards luncheon on August 24, at the Hyatt Regency Hotel in Minneapolis.

This is the fourth year that Finance and Commerce has presented awards to entrepreneurs whose companies have created products or services that have succeeded in the marketplace or shown early promise.

The $115 million University Bank was designated a Community Development Financial Institution by the U.S. Treasury in 2001. The CDFI Fund works to expand the capacity of financial institutions to provide capital, credit and financial services in underserved markets. A member of Sunrise Community Banks, University Bank's mission is to be the leader in improving our urban community. For more information or to make a deposit, visit www.universitybank.com or call 651-265-5600.

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University Bank

University Bank

The $115 million University Bank was designated a Community Development Financial Institution by the U.S. Treasury in 2001. The CDFI Fund works to expand the capacity of financial institutions to provide capital, credit and financial services in underserved markets. A member of Sunrise Community Banks, University Bank's mission is to be the leader in improving our urban community.

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