Detroit Lakes offers a variety of banking options
The multiple banks located in Detroit Lakes have something that sets them apart yet brings them all together when it comes to business and mortgage lending.
According to bank public relations officers:
Bremer Bank is a regional financial service company that provides a comprehensive range of banking, investment, trust and insurance services to locations in Minnesota, Wisconsin and North Dakota. Bremer offers personalized financial solutions for businesses and individuals.
Over the years, the Otto Bremer Foundation and Bremer Bank have given millions of dollars in grants and donations to help local nonprofits. And each year Bremer employees spend thousands of hours volunteering, supporting the people and communities where they live and work.
Bremer Bank is located at 115 Holmes Street or call 218-847-9292.
Midwest Bank specializes in business lending and is the No. 1 business lender in the lakes area, bank President Steve Daggett said. “As a result our loan officers are very knowledgeable of various financing options that are available,” he said, “allowing us to provide financing that best fits the needs of the customer. Most importantly we are able to provide business credit decisions within days, not weeks.
Midwest Bank’s main office is located 613 Highway 10 East. Phone 218-847-4771. There is also a branch office at Wal-Mart. Phone 218-847-9700.
First Security Bank
First Security Bank is a locally owned, independent bank with an excellent customer service reputation. “We strive at making each and every experience at the bank a great one. Our customer service staff is willing to help you no matter what the situation may be. We are small enough to care, and large enough to accommodate your needs.”
First Security Bank offers numerous deposit account products, as well as loans to purchase a new home, car or truck. “Our experienced staff is ready to accommodate your financial needs.”
Over the past 19 years, First Security Bank has given more than $437,500 in scholarship money to our area students through the LA Amundson Scholarship Fund. Stu-dents are eligible their senior year of high school and their freshmen year of college as long as their parents maintain their primary checking account with First Security.
Along with the scholarships, the bank has contributed significantly to the Boys and Girls Club of Detroit Lakes, as well as many miscellaneous community projects and service organizations.
First Security Bank is located at 611 Summit Avenue or call 218-847-3042.
Bell State Bank
Bell State Bank, located in downtown Detroit Lakes, is the Home of “America’s Best Free Checking. Customers love getting all the ‘frees,’ without the fees. Our full-service bank offers a full range of services including deposit accounts, consumer, home mortgage and business loans, and other financial services.”
As a company that started out small, Bell State Bank knows that every business, no matter its size, has its own unique needs as a bank customer, said bank President Mark Malingen. “Because our loan policies and decisions are made locally, you’ll receive financing to suit your business needs.”
Whether you’re looking for financing with competitive rates, seasoned advice for building or expanding your business, or cash management that benefits your bottom line, Bell State Bank offers the personal service and customized solutions you’re looking for.
Its business banking services include lines of credit for working capital, term loans for equipment and expansion, real estate mort-gages for commercial properties and investment properties, SBA loans, lines of credit, ACH/cash management, merchant card services, line of credit sweeps, preauthorized debits, international money orders and wire transfers.
Last year, the bank was proud to be named one of the Top 100 Workplaces in Minnesota by the Minneapolis Star Tribune and a finalist for the Better Business Bureau’s Integrity Award. State Bank & Trust is a Member FDIC and Equal Housing Lender.
State Bank and Trust is located at 920 Lake Avenue or call 218-844-3000.
American National Bank
For all of your commercial and personal financial needs, American National Bank has the products and services to assist you. Whether you are an existing business or just beginning, your first visit should be with American National Bank.
The banking facility is conveniently located in the expanding retail area on the west side of Detroit Lakes at 1325 US Highway 10 West. American National Bank, on the Web at www.anbmn.com, is a full service, FDIC insured, locally owned institution with offices serving nine central Minnesota communities.
American National Bank is located at 1325 Highway 10 West or call 218-847-1383.
Wells Fargo Bank
Wells Fargo offers customers a full array of financial services including banking, insurance, investments, mortgage and consumer finance in Detroit Lakes, across Minnesota and throughout 5,400 stores and other distribution channels in North America.
“Wells Fargo is much more than a ‘bank.’ We offer our customers the full realm of financial services to satisfy all of their financial needs and help them succeed financially. We want to earn 100 percent of our customers’ business.”
“We know it’s important to stay close to our Detroit Lakes-area business customers to understand their needs and provide great service.”
In Detroit Lakes, Wells Fargo does its part to advance education and economic development. The bank’s community outreach has included contributions to Detroit Lakes Community and Cultural Center, Detroit Lakes Regional Chamber of Commerce, United Way of Becker County, Becker County Humane Society, Hospice of the Red River Valley and many more.
Wells Fargo is located at 211 Holmes Street West or call 218-847-1361.