Legacy of Service, Growth & Community

ROOTED IN HISTORY. GROWING WITH YOU.

150 Years Strong

From 1875 to today, we’ve grown alongside southern Minnesota — with gratitude, innovation, and heart.

 

A LEGACY BUILT TO LAST

In 1875, our story began in Truman, Minnesota, as a small, local bank committed to serving the needs of neighbors and businesses. Over 150 years, that commitment hasn’t changed — but our impact has grown. From expanding to new locations and innovating digital tools to supporting local dreams and giving back through thousands of community acts, Profinium is proud to celebrate a legacy defined by people.

This year, we’re honoring our history and looking forward to what’s next — with gratitude for every customer, employee, and community that helped shape our journey.

WHAT TO EXPECT DURING OUR 150TH YEAR

  • 150 Acts of Kindness
    Small acts with big heart across our communities

  • Monthly Legacy Spotlights
    Stories of the people and businesses behind our success

  • Then & Now Reels
    A visual journey through the decades

  • Community Celebrations & Giveaways
    From parades to playlist throwbacks and more!

  • Interactive Timeline Below
    Explore how Profinium — and southern Minnesota — grew together

SHARE YOUR PROFINIUM STORY

Have a favorite memory with Profinium? A story about a banker who helped your business, your family, or your future?
We’d love to hear it. Help us fill the next chapter by submitting your story or photo.

SHARE YOUR STORY HERE

LET'S CELEBRATE, TOGETHER

Stay tuned all year long for:

  • Playlists - one for each decade! Check out the timeline below to see the playlist

  • Monthly legacy spotlights

  • Community celebrations

 

  • On January 1, 1875, Albert Ward founds Martin County National Bank, Profinium’s original predecessor, near Lake Sisseton - one of the earliest banking institutions in the region, located near today’s Profinium Fairmont branch at 105 Lake Ave. 

  • Built to serve the needs of settlers in a growing agricultural economy

  • Early transactions included livestock, land, and supplies

  • Railroads expanded access and commerce

  • Banking helped fund local businesses and farms

  • Southern Minnesota’s small towns began to flourish

  • Weathered economic uncertainty during the Panic of 1893

  • Supported clients with personal relationships and trust

  • Telephone and electricity introduced to the region

  • Banking operations modernized with printed ledgers and adding machines

  • Supported WWI bond efforts and farmers feeding the nation

  • Women entered the banking workforce during the war years

  • Agriculture and local industries expanded

  • Bank modernized offices and expanded services

  • Maintained community confidence amidst widespread bank failures

  • Offered payment deferrals and flexible credit for struggling families

  • On March 30, 1946, People’s State Bank of Truman forms through the merger of Truman’s two original banks. The bank moves into a building formerly owned by Hamm Brewing Company.

  • Promoted War Bonds and supported returning veterans

  • Post-WWII housing boom began

decade playlist

  • In 1956, the Truman location moves to the corner of Central Avenue and Ciro Street—then known as Silk Stocking and Main Street.

  • Strong growth in personal banking and mortgages

  • Introduced savings accounts and installment loans

decade playlist

  • Sponsored civic projects and town improvements

  • Supported youth initiatives and education

  • Donald “Barney” Huemoeller, son-in-law of longtime banker L.J. Hinton, purchases all bank stock in 1979. His leadership brings warmth and growth until he passes the torch to friend and business partner Fred C. Krahmer.

  • Rebranded and invested in infrastructure upgrades

  • Began offering business loans and expanded lending tools

  • Launched first ATMs

  • Introduced computer systems for tracking accounts

  • Grew alongside farm clients through ag lending expertise

  • Opened new locations in southern Minnesota

  • Began strategic planning for long-term community impact

  • October 24, 2003: Profinium Financial is born from the merger of Martin County National Bank and People’s State Bank of Truman. The Truman branch moves to Highway 15 with a new drive-through and expanded facilities. 

  • October 18, 2005: The Owatonna branch opens, marking Profinium’s growth beyond Martin County. 

  • Rolled out online banking

  • Rebranded as Profinium to reflect a future-focused mission

  • “Achieve Dreams” mantra launched

  • July 13, 2013: Mankato branch opens.

  • July 15, 2013: Profinium Financial becomes Profinium Inc., a name that better reflects our full-service mission—including banking, mortgage, insurance, trust, and investment services. 

  • Introduced mobile banking and digital tools

  • Expanded footprint with offices in Fairmont, Mankato, and Owatonna

  • Invested in leadership development and community causes

  • Navigated the COVID-19 pandemic with compassion and care

  • Grew our insurance services

  • Launched financial education resources and new client tools

  • Honored with community leadership and banking innovation awards

  • Profinium is proud to serve southern Minnesota with locations in Fairmont, Truman, Owatonna, and Mankato. We are a values-based, locally owned organization, committed to helping our clients and communities “achieve dreams” through innovation, service, and leadership.

  • Launch of 150th Celebration Campaign: “Rooted in History. Growing with You.”

  • 150 Acts of Kindness underway

  • Timeless customer stories, employee tributes, and community moments celebrated

  • Profinium continues to lead with purpose and promise for generations to come