Gate City Bank
| Company type | Mutual savings bank |
|---|---|
| Industry | Banking |
| Founded | 1923 |
| Founder | Group of eight founders |
| Headquarters | Fargo , United States |
Area served | North Dakota, central Minnesota |
Key people | Kevin Hanson (President and CEO) |
| Products | Banking services |
Gate City Bank operates as a mutually owned savings institution headquartered in Fargo, North Dakota, with a network of 45 branches serving communities throughout North Dakota and central Minnesota. Its governance is overseen by a six-person Board of Directors, elected by the bank's membership base.
History
The institution was established in 1923 by a group of eight founders under the name Gate City Building & Loan Association. Its inaugural president, William D. Gillespie, held the position until 1931, after which F. B. McAneney took over and guided the bank through the economic turmoil of the Great Depression. Leadership transitioned to Steven Swiontek as President and CEO in 2000, followed by Kevin Hanson assuming these roles in 2019. As of 2024, Gate City Bank reported total assets amounting to 3.5 billion.