FARGO, ND – For the second consecutive year, Gate City Bank has made Forbes’ list of World’s Best Banks, claiming the #2 spot in the U.S. for 2022. This recognition, according to Forbes, is in response to the Bank earning customer trust by delivering excellent service, innovative solutions, exceptional financial advice and overall satisfaction, which includes commitment to communities, particularly through philanthropic giving and team member volunteerism.
“We were elated with our #4 ranking last year. To now move to the #2 spot this year is truly an honor, and it absolutely wouldn’t be possible without our incredible team members,” says Kevin Hanson, President & CEO. “They share our passion for our purpose, which is to create a better way of life for customers, communities and one another every day.”
Whether it’s providing company time to volunteer with a charity of choice, fostering a workplace culture that’s based around having fun, constantly giving back to communities or promoting diversity and innovation, Gate City Bank truly provides a better way of life, and it comes from empowering team members to make an impact.
Plus, everything Gate City Bank team members do is shaped by the Bank’s Principles of High Standards:
Forbes also recognized Gate City Bank’s innovative products and services. The Bank is disrupting the industry through innovation that creates a better way of life for customers, communities and team members. Some examples include:
Forbes also recognized Gate City Bank’s significant focus on community giving. Team members have provided $33.5 million in philanthropic giving and more than 266,000 hours of team volunteerism to over 1,000 charities since 2003. The Bank also promotes team member empowerment, leadership diversity and an amazing workplace culture where 50% of referrals for new team members comes from existing team members.
Forbes has recognized that, for nearly a century, Gate City Bank has been committed to helping customers, communities and team members create a better way of life. According to the Bank’s leadership, that vision will never change, and Gate City Bank looks forward to making a difference through giving and innovation for years to come, while continuing to be one of the World’s Best Banks.
A $3.1 billion mutual bank founded in 1923, Gate City Bank is the region’s leading financial institution, as well as the #1 mortgage lender in North Dakota. The Bank employs more than 770 team members at 43 locations in 22 communities across North Dakota and central Minnesota. The Bank believes in creating a better way of life for customers, communities and team members, and it has contributed $33.5 million in philanthropic giving and more than 266,000 hours of team volunteerism since 2003. Additionally, Forbes has placed Gate City Bank at #2 in the U.S. on its list of the World’s Best Banks. The Bank has also been named one of the “50 Best Places to Work” eight years in a row by Prairie Business magazine.