"As much as the banking system may not be terribly popular, it is an essential part of the economy."
- James P. Gorman
Minnesota’s capital city Saint Paul promotes a solid banking environment and is constantly building financial partnerships with many entrepreneurs . This combination of business and banking ensures that families have successful city living and safe urban neighborhoods. A capital city has a different business model – social services, hospitals, and many government programs. The city was built on historic icons such as the 1st National Bank, and now Associated, Alliance, Deerwood, Wells Fargo, Sunrise, Highland, Western, Bremer, Coulee, Anchor, Cherokee, and U.S. Bank, all have solid footprints in the city. Saint Paul is also home to some solid Credit Unions: Topline, St. Paul Federal, Affinity, Northern States Power to name a few. Many of the banks in the city have historical footprints and their architecture alone is a reason to visit. If your looking for a solid financial relationship with a banker, credit union, or financial advisor, visit our sponsors, review our lists, or post a banking service of your own. Business and consumer operations that reside in a vibrant city depend on solid and secure relationships in banking. Saint Paul is one of those places.
Welcome to the world of banking in Saint Paul.
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1st NATIONAL BANK - A Historic Banking Icon
The First National Bank Building is a 417-foot-tall high rise building in downtown Saint Paul, Mn. The building has the tallest connecting skyway in the Twin Cities. In 1931 after Merchants National Bank was absorbed by First National Bank. The 32 story structure struggled to acquire materials in 1930 due to the construction of the Empire Sate Building at the same time. In 1932 the cost of the building was $3,340,185.44.
The building is probably most known for the large neon red “1st” sign atop the building. The sign has three sides and rises four stories to a height of fifty feet. In 1973 the sign was turned off in response to the energy crisis. The sign was relighted ten years later after a major renovation. The original “vermillion vitreous porcelain edged [sign] with a double row of red neon tubes” was replaced with solely red tubes. Around four thousand feet of neon tubing was used in the renovation. The sign can be seen from almost 75 miles away from the air at night and 20 miles away on a clear day.
WELLS FARGO BANKING
Wells Fargo Banking – Provider of banking, mortgage, investing, credit card, insurance, and personal, small business, and commercial financial services. Wells Fargo has made it big in Saint Paul with their many banks through out the city, but the bank at Fairview and Grand sometimes has more visitors than a fast food restaurant. Growth does not come without pain.
How Wells Fargo’s Cutthroat Corporate Culture Allegedly Drove Bankers to Fraud Around four thousand feet of neon tubing was used in the renovation. The sign can be seen from almost 75 miles away from the air at night and 20 miles away on a clear day. Once upon a time, in 1970, long before America’s banking system was dominated by six giant institutions—JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley … See Vanity Fair (link below)