Chamber Celebrates First State Bank and Trust, Oak Park Heights 20th Anniversary

Chad Fett, First State Bank and Trust Executive Vice President – Trust, cuts the ribbon to celebrate 20 years at the Oak Park Heights branch office. Photo courtesy Kristina Lynn Photography & Design.

May 2018. Stillwater, MN. The Greater Stillwater Chamber of Commerce was honored to celebrate 20 years of service with the First State Bank and Trust, in Oak Park Heights on May 23. Attending the event were several long-term employees, supporters and Chamber Ambassadors.

First State Bank and Trust opened its doors as First State Bank of South Stillwater in 1914. As the community grew from South Stillwater into the town of Bayport, they grew along with it, becoming First State Bank of Bayport in 1923. They changed their name to First State Bank and Trust in 2003 to better reflect the expanded services to various locations.

In addition to progressive banking services they now offer insurance and investments. Their Trust Services Department, established in 1987, holds over $1.5 billion in assets. Besides the Bayport location, their branch network includes full service offices in Stillwater, Oak Park Heights, and Hudson. They also have part time offices at Boutwells Landing in Oak Park Heights, St. Andrew’s Village in Mahtomedi and Woodland Hill in Hudson.

“We are one of just a few local community banks left in the valley and pride ourselves on personal customer service and going the extra mile for our customers,” stated Peter Clements, Bank President. “We want our community to be strong, and sometimes businesses need additional assistance. We’re here to help.”

During the event several of the same employees were there that also attended the original ribbon cutting 20 years ago. After the formal ribbon cutting the First State Bank and Trust team tried to duplicate the 1998 picture, standing in some of the same places they did 20 years ago in front of the same building. Lots of laughter and memories were shared on a beautiful day in front of the bank.

First State Bank and Trust takes excellent care of their customers and gives back thousands of dollars to the community yearly. They are the same community bank with local ownership and management that was established more than one hundred years ago.


First State Bank and Trust

5891 Neal Ave N

Oak Park Heights, MN 55082

(651) 439-2655


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