Gate City Bank

Last updated

Gate City Bank
Company type Thrift
Industry Retail banking, Financial services
PredecessorGate City Building & Loan Association
Founded1923;102 years ago (1923)
Headquarters
Fargo, North Dakota
,
United States
Area served
 North Dakota
Minnesota
Key people
  • Steven J. Swiontek (Board Chair)
  • Kevin J. Hanson (President & CEO)
Total assets US$3.5 billion (2024)
Number of employees
770
Website www.gatecity.bank

Gate City Bank is a mutually owned bank headquartered in Fargo, North Dakota, with 45 branches across North Dakota and central Minnesota. [1] The Bank is governed by a six-member Board of Directors elected by the membership. [2]

Contents

History

Founded in 1923 by eight members as Gate City Building & Loan Association. In 1923, William D. Gillespie served as its first President until 1931. [3] [4] He was succeeded by F. B. McAneney, who led the bank during the Great Depression – a period of significant challenge for North Dakota’s financial institutions. In 2000, Steven Swiontek was appointed President and Chief Executive Officer (CEO), and in 2019, he transitioned leadership to Kevin Hanson. [5] [6] In 2024, its total assets reached US$3.5 billion. [7]

References

  1. ↑ "ND and MN Bank Locations Near Me". April 13, 2022. Retrieved March 10, 2024.
  2. ↑ "Meet Our Board of Directors". June 28, 2022. Retrieved March 10, 2024.
  3. ↑ npgallery.nps.gov https://npgallery.nps.gov/NRHP/GetAsset/NRHP/79001770_text. Archived from the original on June 30, 2025. Retrieved July 24, 2025.{{cite web}}: Missing or empty |title= (help)
  4. ↑ "Our History of Banking Since 1923 | Gate City Bank". www.gatecity.bank. January 2, 2024. Retrieved July 24, 2025.
  5. ↑ "Gate City Bank Names New President & CEO, Executive Chair". www.gatecity.bank. September 2, 2022. Retrieved July 24, 2025.
  6. ↑ "Gate City Bank announces new president and CEO". InForum. June 5, 2019. Retrieved July 24, 2025.
  7. ↑ "About Gate City Bank". October 20, 2021. Retrieved March 10, 2024.
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