The United Prairie Bank system has its roots in rural Minnesota. The organization was born in 1973 when former President James G. Sneer bought Farmers State Bank in Mountain Lake, Minnesota. The bank was run with a strong emphasis in superior customer service, financial integrity and community involvement. The Mountain Lake bank thrived. Some years later, Mr. Sneer began to acquire other banks and export his successful blend of customer service and management practices to other towns in the region. In some cases, failing banks were rescued and resuscitated to once again become strong promoters of their local economies. In 1992, the banks then owned by Mr. Sneer changed their names to the now-familiar United Prairie Bank.
In 2002 Stuart J. Sneer, the son of James and Susan Sneer, took over the presidency of the company after many years of individual bank management and system management as vice president.
Along with banks, the United Prairie system began to build insurance and financial planning resources for its customers. Today, United Prairie Insurance Agencies service almost all bank locations, offering a full range of coverage for personal, home, farm and business needs.
United Prairie Banks offer small town service with a complete array of financial products and services: checking and savings accounts, IRAs, money market along with lending for agricultural, commercial, consumer and real estate applications.
All United Prairie Banks are organized under a local president or manager, who within the bounds of sound banking practices and some broad-based policy, controls the day-to-day business and decision-making for that bank. All UPB operations are held to high standards of customer service, transactional accuracy and financial soundness. United Prairie Banks typically carry the highest safeness and soundness rating available from banking regulatory agencies.
All United Prairie operations enjoy centralized administrative support through a holding company, Farmers State Corporation (FSC), officed in Mankato, MN. FSC provides specialized support in administration, credit, operations, compliance, investments, marketing and technology under the leadership of Stuart J. Sneer, President and Scott Bradley, CEO.