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MINNEAPOLIS—WaterStone Bank has just opened a new commercial lending branch in Maple Grove, a suburb just northwest of Minneapolis. The new branch will handle all types of commercial real estate lending, bank officials say, and provide a variety of loan solutions. The Wisconsin-based bank has put Paul Muldoon and Peter Austin, two experienced commercial lenders, at the helm of their new branch.

“We are excited to be entering the Minnesota market, bringing our competitive products combined with the expertise of Paul and Peter,” says Doug Gordon, president and chief executive officer of WaterStone Bank. “WaterStone has a strong capital base to provide for consistent loan growth in the Twin Cities. Our ability to approve and close loans quickly will help real estate owners in their acquisition process.”

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