spect to employees that are not imposed on independent con-tractors.10 The Fair Labor Standards Act (FLSA)11 requires employers to meet minimum-wage and overtime obligations toward their employees. Title VII of the Civil Rights Act of 196412 prohibits employers from discriminating against their
About Minnesota Bank & Trust Minnesota Bank & Trust, a subsidiary of Heartland, (NASDAQ:HTLF), is a full service bank with assets of more than $216 million. Minnesota Bank & Trust was organized in 2008 by Twin Cities business leaders to offer a higher level of service to personal and business banking clients.
The acquisition is part of a strategic plan to fill in some gaps in Heartlandâs Arizona footprint, said John Berg, executive vice-president for Heartland. Heartland currently owns Arizona Bank & Trust, which has seven locations throughout the Valley. The purchase expands Heartlandâs footprint from seven to nine commercial banks in the valley. Heritage has locations in Phoenix and Tempe.