Photo caption: Brother William Mann, president of Saint Mary’s University of Minnesota, right, and Mary Ann Remick, chair of the Saint Mary’s Board of Trustees, congratulate Donald Regan, who received a Presidential Award for Outstanding Merit Oct. 10 from his alma mater.



MINNEAPOLIS, Minn. — Brother William Mann, president of Saint Mary’s University of Minnesota, presented a Presidential Award for Outstanding Merit to longtime supporter Donald Regan during a fall commencement ceremony Oct. 10 on Saint Mary’s Twin Cities Campus.

The award was presented to Regan, founder of Premier Banks, for his remarkable life as a committed Catholic, banker, business owner, philanthropist, and family man.

Saint Mary’s honored Regan for demonstrating throughout his professional career and personal life the university’s core commitments to civic responsibility and ethical leadership.

Born and raised in LeRoy, Minn., Regan attended the Saint Mary’s undergraduate, residential campus in Winona from 1947-49. He and his wife Jean, strong advocates for education, have generously contributed to Saint Mary’s in support of scholarships and athletics.

Regan has also contributed generously to the communities in which he began his thriving banking business and in which he and Jean have raised seven children—the Maplewood and North St. Paul areas. Likewise, Premier Banks supports countless community service projects around the state.

Regan has earned accolades throughout his successful career; most recently he was named the 2015 Banker of the Year by the Northwestern Financial Review, a trade publication serving Midwestern states. The designation recognizes Regan’s dedication to community banking and Premier’s success after its modest beginning 40 years ago from a trailer in Maplewood. Under Regan’s leadership, Premier, which started out as the smallest commercial bank in the state, is now one of the largest. Premier now boasts three charters in Minnesota with a billion dollars in assets.

Regan also successfully built a family-owned business that now operates 1,400 school and charter buses.

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