About First State Bank of North Dakota
Founded in 1905 by W.H. Simmons, Louis Bettschen, Fred Williams, and J.H. Gale, First State Bank of
North Dakota has provided over 100 years of community banking.
First
State Bank of North Dakota, headquartered in Arthur, North Dakota, serves many communities and rural areas of eastern and central North Dakota with locations in Arthur, Buffalo, Casselton, LaMoure,
Marion , and Oakes, North Dakota.
First
State Bank of
North Dakota provides complete banking services including checking, savings, lending, investments, insurance and more.
First State Bank of North Dakota Directors
Front Row:
Fred John Williams - Director
James L. Williams - Director/Chairman
Back Row:
Michael J. Killoran - Director
James L. Williams, III - Director/Secretary
Kim O. Larson - Director
Frederick Burgum - Director
First State Bank of North Dakota Officers
- Kim O. Larson: President and Chief Executive Officer
- Michael J. Killoran: Chief Financial Officer and Senior Lending Officer
- Brent Montgomery: President - Arthur
- Randy Mundt: President - Buffalo
- Bernie Sinner: President - Casselton
- Derek Jungels: President - LaMoure
- Richard Anderson: President - Marion
- Steven Dahlstrom: President - Oakes
- Terryl Grieve: Chief Operations Officer
- Trisa Keys: Cashier
- Vince Watkins: Senior Vice President
- Michele Sandness: Compliance Specialist
- James L. Williams, III: Vice President
- Frederick Burgum: Vice President
- Fred John Williams: Vice President
- David Zetocha: Vice President
- Matt Evenson: Loan Officer
- Gayle Halland: Vice President & Real Estate Loan Officer
- Bonnie Oberlander: HR Manager
- Teena Ketterling: Internal Auditor
- Pam Dathe: Loan Review Officer
- Judy Meisch: Admininstrative Loan Asst. & Loan Officer
History
The First State Bank of Arthur was organized and issued a charter to begin business as a community bank in 1905. The organizers and the first elected directors were W. H. Simmons, Louis Bettschen, Fred Williams, J. H. Gale, and W. C. Gamble was the first cashier.
Upon the death of Fred Williams, J. E. Sommerfeld was elected President of the bank in 1932, and served that position for the next 29 years. B. A. Helland served as cashier and executive officer until his death in 1955 when Gale E. Hill was elected cashier and executive officer to replace him. Lloyd Williams was elected President in 1962, with James L. Williams replacing him as President in 1975.
In 1988 Kim O. Larson was appointed Executive Vice President & CEO and in 1990 to the Board of Directors. In 1999 Larson was promoted to President and CEO, the position he currently holds.
In 1992 the bank's name was changed to First State Bank of North Dakota. The First State Bank of Buffalo was purchased and merged with First State Bank of North Dakota in 1992. The deposits of First National Bank of North Dakota's office in Casselton were purchased in 1999. This location moved into a new building in December 2000. The First State Bank of LaMoure was purchased by First Financial Corporation (Holding Company) in May 2002 and merged with First State Bank of North Dakota on January 1, 2005. The First State Bank of LaMoure group consisted of banks in Marion, Dickey, Oakes and LaMoure. Shortly after the purchase, the branch in Dickey was closed.
First State Bank of North Dakota currently consists of 6 banking locations; Arthur, Buffalo, Casselton, LaMoure, Marion and Oakes.
