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Gate City Bank

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Gate City Bank
Company typeThrift
IndustryRetail banking, Financial services
PredecessorGate City Building & Loan Association
Founded1923; 102 years ago (1923)
Headquarters,
Area served
North Dakota
Minnesota
Key people
  • Steven J. Swiontek (Board Chair)
  • Kevin J. Hanson (President & CEO)
Total assetsUS$3.5 billion (2024)
Number of employees
770
Websitewww.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]

History

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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

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  1. ^ "ND and MN Bank Locations Near Me". Retrieved March 10, 2024.
  2. ^ "Meet Our Board of Directors". Retrieved March 10, 2024.
  3. ^ "Wayback Machine". npgallery.nps.gov. Archived from the original on June 30, 2025. Retrieved July 24, 2025.
  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". Retrieved March 10, 2024.
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