Fargo, ND – Gate City Bank announces plans to open two new locations inside Cash Wise Foods grocery stores in Bismarck and Dickinson. This will be the Bank’s sixth location in Bismarck-Mandan and second in Dickinson.
The new locations are part of the Bank’s growing partnership with Coborn’s Inc., parent company of Cash Wise Foods, Coborn’s and Hornbacher’s grocery stores. Gate City Bank started the partnership with Hornbacher’s 14 years ago to deliver greater convenience with offices inside grocery stores. With the expansion, Gate City Bank will have 42 locations in 21 communities in North Dakota and central Minnesota. As part of the expansion, the Bank recently announced plans to open offices in March 2020 inside Cash Wise Foods and Coborn’s grocery stores in Sauk Rapids and Waite Park, Minnesota.
“As the financial leader, Gate City Bank has a passion for making the lives of our customers, communities and team members better,” said Steve Swiontek, Executive Chair and Chair of the Board at Gate City Bank. “We are looking forward to investing in these growing communities.”
Since 2003, the Bank has made a charitable impact to more than 1,000 charities with $27 million in philanthropic giving and 222,000 volunteer hours by team members.
The Bank recently celebrated saving customers more than $10 million in student loan interest as part of the BetterLife™ Student Loan Program, the first and only program of its kind in the nation. Since 2003, customers have saved $33 million in ATM fees as part of the Bank’s unlimited, automatic ATM fee refund program. The number one mortgage lender in North Dakota, the Bank provides locally approved, financed and serviced home loans with the option to close on a home in just 10 days.
“Innovative products and services designed to save customers money, supporting communities through philanthropic giving and a commitment to being an employer of choice with excellent culture will continue to drive our success,” said Kevin Hanson, President & CEO of Gate City Bank.
Gate City Bank has been named one of the “50 Best Places to Work” for six years in a row by Prairie Business magazine and named “Best Bank in North Dakota” by Forbes magazine in 2019. The Bank provides excellent paying jobs with unique benefits, including fully paid maternity, paternity, adoption, caregiver and military leave as part of its award-winning culture.
About Gate City Bank: A $2.3 billion mutual community bank founded in 1923, Gate City Bank will have 42 locations across 21 communities in North Dakota and central Minnesota. Employing 710 team members, Gate City Bank is committed to making lives better by investing in team members and the communities they serve. Gate City Bank has been named one of the “50 Best Places to Work” the last six years in a row by Prairie Business magazine and named “Best Bank in North Dakota” by Forbes magazine in 2019. Additional information is available at www.gatecity.bank.
Coborn’s, Inc. St. Cloud, Minn.-based Coborn’s, Inc. is a 98-year-old employee-owned grocery retailer with more than 9,000 employees and 60 stores across Minnesota, North Dakota, South Dakota and Wisconsin, under the Coborn’s, Cash Wise Foods, Marketplace Foods and Hornbacher’s banners. Coborn’s, Inc. also owns stand-alone convenience, liquor and pharmacy locations. To support its 120+ retail locations, Coborn’s, Inc. operates its own central bakery, dry cleaning facility and grocery distribution center. In 2016, 2017, 2018 and 2019, Coborn’s was named a “Top Workplace in Minnesota” by the Star Tribune and was named to Achievers’ list of “50 Most Engaged Companies” in 2017 and 2018.