Alliance Bank Celebrates Grand Opening of New Building in Red Wing


ST. PAUL, MN--(Marketwire - June 5, 2008) - Alliance Bank, a privately owned community bank with over $600 million in assets, announced today the opening of the new Red Wing facility at 840 Technology Drive, Red Wing, MN 55066. Alliance Bank will host a 3-day community event to celebrate the occasion.

--  On Wednesday, June 25th, seniors are invited to stop by for cake and
    coffee and enter drawings for free gift certificates to local area
    restaurants.
--  Thursday, June 26th will be Kids' Day.  Children can participate in a
    coloring contest and drawings for savings bonds.  Cookies and lemonade will
    be served.
--  On Friday, June 27th Alliance Bank will provide a delicious outdoor
    barbecue for the community from 11 a.m. to 2 p.m. Drawings will be held for
    summer giveaways.
    

"I'm pleased to announce that the Red Wing community has been very receptive to Alliance Bank while we were operating out of the temporary facility," stated Paul Kramp, president of Alliance Bank -- Red Wing. "We're excited to be able to celebrate the opening of our permanent space. It's an opportunity for friends and neighbors to get together, meet our staff, and see the new facility. I invite everyone to come out and join in the fun."

The new 5000 square foot building was designed to blend in with the natural Red Wing environment. The comfortable lobby features a fireplace, flat screen TV, and large windows with beautiful views overlooking the River Valley. The bank includes three teller stations and a drive-up. A drive-up ATM will be added in the near future.

Hours for the new bank are 8:30 a.m. to 4:30 p.m. Monday through Friday and 8:30 to noon on Saturday. Drive-up hours will be 8:00 a.m. to 5:30 p.m. Monday through Friday and 8:30 a.m. to noon on Saturday. The phone number is (651) 388-6001.

About Alliance Bank

Alliance Bank is a privately owned community bank with assets in excess of $600 million. Alliance Bank provides highly integrated commercial, agricultural, private and personal banking services through 11 locations in Minnesota and Wisconsin. Established in 1867, Alliance Bank delivers big bank expertise with community bank service. As a family owned bank, Alliance Bank is committed to remaining independent and providing personal interaction and timely decision making. From basic checking and savings products, to business loans, personal loans, sophisticated cash management and online banking services, Alliance Bank offers services to help companies and individuals succeed. Visit www.alliancebanks.com or call 1-888-959-9425 to learn more.

Contact Information: Contact: Debra Kosch Vice President - Marketing 651-229-2873