Banking and Financial Institutions

Banking and Financial InstitutionsThe banking industry has radically changed over the years, but some things remain the same. Banks work to help their customers prosper while maintaining profitability. Melchert Hubert Sjodin has been helping banks and lending institutions in the Twin Cities area reach these goals for more than 40 years through our practical, experienced approach to the challenges financial institutions face while providing them with an excellent value.

  • With our many years of experience, we understand our banking clients and their needs.
  • We work hard to gain their trust and take great pride in the fact our banking clients rely on us to help them solve the problems they face, work out issues they may have with customers, and help them become more efficient, effective and profitable.
  • Melchert Hubert Sjodin provides clients with the full range of experienced legal representation you would expect from a much larger firm, but with the personal service and cost structure of a smaller firm.

Melchert Hubert Sjodin is a member of the Minnesota Bankers Association and the Independent Community Bankers of Minnesota (ICBM).

Serving Our Clients

At Melchert Hubert Sjodin, we work with banks and other financial institutions involved in banking or lending, including,

  • Commercial, community, regional and national banks
  • Thrifts
  • Bank holding companies
  • Asset based lenders
  • Government economic development authorities
  • Insurance companies
  • Leasing companies

We have decades of experience representing lenders and can make an immediate, positive impact for any banking or lending institution. We do not serve as bond counsel.

Melchert Hubert Sjodin attorneys have more than 30 years of experience in more unique aspects of lending through a wide array of government guaranteed loans.

Contact Us

If your organization needs help with any banking or lending related transaction or legal issue, contact Melchert Hubert Sjodin at 952-442-7700 to discuss your current challenges, how we can help you resolve those issues and prevent future ones from happening.

Services

Melchert Hubert Sjodin serves our banking and financial institution clients on a wide range of issues, including,

Bank Operations

  • Branch operation issues
  • Deposits
  • Employee and management issues
  • Relations with holding companies
  • Shareholder issues
  • Transfer of assets

Corporate Governance

  • Audits
  • Director and officer liability
  • Disclosures
  • Regulatory compliance
  • Shareholder relations

Commercial Lending, Leasing and Loan Documentation

  • 1031 exchanges
  • Acquisition financing
  • Agricultural finance; agri-business lending; family farms
  • Aircraft and watercraft financing
  • Asset-based lending
  • Bond financing
  • Collateralizing and securing loans
  • Commercial and real estate lending
  • Common Interest Communities (CIC)
  • Construction loans
  • Credit enhancements; letters of credit
  • Equipment financing
  • ESOP lending
  • Guaranties
  • Housing grants Investment financing/private equity
  • Loan participation agreements
  • Real estate
  • 501(c) (3) private activity lending
  • Subordinated debt finance
  • Syndicated loans
  • Tax-exempt and tax increment financing
  • Warehousing lines of credit

Government Related Lending

  • 501c(3) Private Activity Lending

Melchert Hubert Sjodin works with financial institutions purchasing and securing private activity bonds in Minnesota

  • Economic Development Authorities (EDA)
  • Federal Agricultural Mortgage Corporation (FARMERMAC)
  • Minnesota Housing Finance Authority (MHFA)
  • Small Business Administration (SBA) Lending

We work closely banks and lenders on these SBA programs, particularly the 7(a) and 504 loan programs. Having handled and closed numerous SBA loans for more than 30 years, Melchert Hubert Sjodin’s SBA loan attorneys are extremely knowledgeable and exceptionally qualified to assist lenders and borrowers with these transactions.

  • Tax Exempt and Tax Increment Financing (TIF)

Since the 1970s, we have represented governmental entities and builders, as well as developers involved in tax increment financing for redevelopment of blighted areas, construction of low and moderate income housing, provision of employment opportunities and improvement of the tax base in outstate Minnesota and the greater Minneapolis and St. Paul metropolitan area.

  • USDA Loans
  • Direct Loans to School Districts
  • City and County Financing
Loan Restructuring; Workouts and Collections

  • Creditor Bankruptcy Rights
    • Fraudulent conveyances
    • Preferential transfer
    • Reaffirmation agreements
    • Relief from Automatic Stay
    • Preference disputes
    • Discharge litigation
  • Workouts
    • Confessions of judgment
    • Deed in lieu of foreclosure
    • Forbearance
    • Loan amendments
    • Negotiations
    • Receiverships
    • Relinquishment agreements
    • SBA offer in compromise agreements
    • Surrender of collateral
  • Collections
    • Foreclosure
    • Replevin
    • Collection litigation
    • Receiverships

Employment and Human Resources Consulting

  • Agreements
    • Executive compensation agreements
    • Confidentiality and nondisclosure agreements
    • Non-compete agreements
    • Non-competitive / non-solicitation agreements
  • EEOC compliance
  • Policies and handbooks
  • Reductions in force; layoffs
  • Terminations

Financing

  • Acquisition financing
  • Bank holding company transactions
  • Credit enhancement and liquidity support transactions
  • ESOP lending
  • Floor plan and leasehold finance arrangements
  • Franchise financing
  • Health care finance tax-exempt
  • Private client transactions
  • High net-worth transactions
  • Real estate

Litigation

Real Estate Foreclosures

Regulatory Matters

  • Electric Fund Transfers Act (“EFTA”) and Regulation E
  • Equal Credit Opportunity Act (“ECOA”) and Regulation B
  • Fair Credit Reporting Act (“FCRA”) and Regulation V
  • Fair and Accurate Credit Transactions Act (“FACTA”) and regulations
  • Fair Debt Collection Practices Act (“FDCPA”) and Regulation F
  • Home Mortgage Disclosure Act (“HMDA”) and Regulation C
  • Real Estate Settlement Procedures Act (“RESPA”) and Regulation X
  • Truth in Lending Act (“TILA”) and Regulation Z

Banking and Financial Institution Attorneys