Gate City Bank: A Cornerstone of Bismarck, North Dakota

Nestled in the heart of North Dakota's vibrant capital city, Gate City Bank has been a trusted financial partner to the Bismarck community for over a century. With its deep-rooted history and unwavering commitment to customer service, Gate City Bank stands as a pillar of financial stability and growth.

History and Milestones

• 1919: Founded as Bismarck Savings and Loan Association
• 1924: Changed name to Gate City Building and Loan Association
• 1967: Converted to a federally chartered savings and loan association
• 1984: Became Gate City Savings Bank
• 2001: Merged with First National Bank of Killdeer
• 2010: Opened its first branch outside of Bismarck, in Mandan
• 2019: Celebrated 100 years of service to the community

Services and Offerings

Gate City Bank offers a comprehensive suite of financial products and services tailored to the needs of individuals, families, and businesses alike. These include:

Personal Banking:
* Checking and savings accounts
* Certificates of deposit (CDs)
* Money market accounts
* Personal loans
* Credit cards

Business Banking:
* Commercial loans
* Lines of credit
* Cash management services
* Merchant services

Wealth Management:
* Investment planning and advisory services
* Trust and estate services
* Retirement planning

Key Figures and Statistics

• $1.3 billion: Total assets as of December 31, 2022
• $716 million: Total deposits as of December 31, 2022
• $580 million: Total loans as of December 31, 2022
• Over 200: Employees in Bismarck and Mandan locations
• Over 100,000: Customer accounts

Why Gate City Bank Matters

Local Focus with Global Reach:
As a community bank, Gate City Bank understands the unique needs of the Bismarck area. However, it also maintains strong correspondent relationships with other financial institutions, providing access to a global network of resources and expertise.

Personalized Service with Cutting-Edge Technology:
Gate City Bank combines the personal touch of a local bank with the convenience and innovation of modern technology. Its friendly staff is always available to assist customers, while online and mobile banking platforms offer 24/7 account access.

Financial Stability and Security:
With over a century of experience, Gate City Bank has weathered economic storms and remains a stable and secure financial institution. It is insured by the Federal Deposit Insurance Corporation (FDIC) up to the applicable limits.

Benefits of Banking with Gate City Bank

• Competitive rates and low fees: Gate City Bank offers competitive rates on deposits and loans, while minimizing fees to save customers money.
• Community involvement: The bank积极参与社区活动, supporting local businesses, charities, and educational initiatives.
• Financial education: Gate City Bank offers free financial literacy programs to help customers make informed financial decisions.
• Exceptional customer service: The bank consistently receives high customer satisfaction ratings for its personalized and responsive service.

Tips and Tricks

• Utilize online and mobile banking for convenient account management.
• Set up automatic payments to avoid late fees and ensure timely bill payments.
• Take advantage of financial planning services to optimize your investments and retirement savings.
• Build a strong relationship with your local branch manager for personalized financial advice.

Common Mistakes to Avoid

• Overspending: Track your expenses and create a budget to avoid overspending and accumulate debt.
• Overdrafting your account: Maintain a positive account balance to prevent overdraft fees.
• Not saving for the future: Start saving for retirement and other long-term goals as early as possible.
• Falling prey to scams: Be cautious of unsolicited emails, phone calls, or text messages requesting personal or financial information.

Call to Action

If you're looking for a reliable and trusted financial partner in Bismarck, North Dakota, look no further than Gate City Bank. With its strong history, competitive rates, exceptional service, and commitment to community, Gate City Bank is the ideal choice for your personal and business banking needs.

Visit their website or call (701) 258-6300 to learn more and schedule a consultation with a friendly and knowledgeable representative.

Pertinent Tables

Table 1: Gate City Bank Financial Highlights

Table 2: Gate City Bank Customer Accounts

Table 3: Gate City Bank Community Involvement