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Find a Location

Sherburne State Bank has 4 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Sherburne State Bank

      12500 Sherburne Ave Becker, MN 55308

    • Sherburne State Bank

      PO Box 428 Becker, MN 55308-0428

    • Sherburne State Bank

      136 N Rum River Dr Princeton, MN 55371-1617

    • Sherburne State Bank

      1200 State Hwy 25 S Monticello, MN 55362

    Business ProfileforSherburne State Bank

    Bank
    Multi Location Business

    At-a-glance

    Customer Reviews

    This business has 0 reviews

    Customer Complaints

    1 complaints closed in last 3 years

    0 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Overview

    According to the information provided by Sherburne State Bank, this company offers full service banking. 

    Business Details

    This is a multi-location business.

    Find a Location

    Sherburne State Bank has 4 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Sherburne State Bank

        12500 Sherburne Ave Becker, MN 55308

      • Sherburne State Bank

        PO Box 428 Becker, MN 55308-0428

      • Sherburne State Bank

        136 N Rum River Dr Princeton, MN 55371-1617

      • Sherburne State Bank

        1200 State Hwy 25 S Monticello, MN 55362

      Location of This Business
      12500 Sherburne Ave, Becker, MN 55308
      BBB File Opened:
      10/22/2007
      Years in Business:
      90
      Business Started:
      1/1/1934
      Business Started Locally:
      1/1/1934
      Business Incorporated:
      1/1/1934
      Type of Entity:
      Corporation
      Business Management
      • Kevin E Doty, Vice President
      • Candice E Hanson, Owner/Manager
      Contact Information

      Principal

      • Kevin E Doty, Vice President

      Customer Contact

      • Candice E Hanson, Owner/Manager
      Additional Contact Information

      Fax Numbers

      • (763) 261-2415
        Other Fax

      Phone Numbers

      Email Addresses

      Industry Tip

      BBB Tip: How to choose a new bank or credit union

      Customer Complaints

      1 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      11/08/2022

      Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      We recently purchased a home and due to our lender's negligence our rate did not get locked in at a proper time. 7/29/2022 our Pre Approval letter was sent to us 8/2/2022 Executed contract of sale was sent to the lender 8/3/2022 Credit was pulled and the process was started.8/23/2022 Lender stated rate not locked yet but now at ****.9/6/2022 Lender emailed me asking to lock in the rate as it is now at 5.85%From this date on I have been trying to get this resolved with Sherburne State Bank. All of our paperwork we signed throughout the approval process had a 5.5% on it and a rate lock was not brought up by *****************************, the lender. ***** emailed me on week before our closing date to ask if I wanted to lock in the rate. When I asked why it was not already locked in she stated we had needed a final loan amount. I thought the interest rate was locked in the day that you applied for your loan and was locked in for 60 days. At no point was the rate lock explained to me that it is different on a VA loan, nor was I asked until 9/6 to lock in my rate. I was confused when she told me our rate was not locked when she sent me the email on 8/23. She finally locked us in at **** on 9/6 but it should have been 5.5. ***** never explained where on the paperwork it stated rate not locked until I asked why it wasn't the 5.5 we signed. When asking her boss for help he never returned my call. I am not a mortgage lender, I feel it is not my responsibility to chase the lender to lock my rate as they are the experts and get paid to know how that works. Due to not knowing mortgages and rate locks my rate is now .25% higher than it should be which results in an additional ****** to my loan. Such a horrible experience. What is the point of having a lender if they are not helping through the process. I shouldn't have to know or do their job. They did nothing to help me with a resolution, even though it cost me money in the end while they still got paid.
      Read More

      Customer Reviews

      0 Customer Reviews

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      Local BBB

      BBB of Minnesota and North Dakota

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