Products

  • As one of the first businesses in Towner County, we understand what people want and need from their financial institution. This is why we offer a variety of different types of accounts to meet all your financial needs.

    We offer 2 different categories of checking accounts, Personal Checking and Business Checking. Each of these categories has multiple types of accounts within it.

    Your savings account with us is Federally insured up to $250,000.00 and IRA accounts are insured up to $250,000.00. With the options we provide in savings products, you will find just the right account with a competitive rate of interest to meet your needs.

    We are locally owned, and when it comes to lending, the money invested here stays here. When money stays in our community, it is ready to work for you. Whether your lending requirements are for agricultural purposes, commercial purposes, consumer purposes, or a checking reserve, we have a product that will fit your needs.

  • Lending

    Because First State Bank of Cando is locally owned, the money invested here stays here. When money stays in our community, it is ready to work for you. We offer a wide variety of loans in five different areas:

    Agricultural Loans

    • Purchase of Farm Real Estate
    • Annual Farm Operating Loans
    • Participation with the Bank of North Dakota

    Commercial Loans

    • Business Acquisition and Operating Capital
    • Participation with the Small Business Administration
    • Participation with the Bank of North Dakota

    Consumer Loans

    • Auto
    • Recreational Equipment
    • Personal
    • Home Improvement

    Checking Reserve
    (repaid in full or through automatic monthly payments)

    • Overdraft Protection
    • Revolving Line of Credit
  • Loan Officers

    Lori Dunham
    Assistant Vice President

    Bradley Miller
    Vice President

    Matt Swanson
    Loan Officer

    David Wolsky
    President and CEO

  • Personal Checking

    Our most sought-after accounts keep getting better! First State Bank of Cando offers you three Premiere Checking accounts designed with your convenience in mind.

    Premiere Free Checking
    It is easy, and it is free! With Premiere Free Checking, you have no minimum balance, no monthly service charge, and unlimited check-writing privileges. You also receive:

    • Free initial standard check blank order
    • Free initial ATM card (with qualification)
    • Free images with your monthly statement

    Premiere Interest Checking
    If a minimum balance (of $500) isn’t an issue, then we’ll pay you interest on this checking account. Rates of interest are compounded monthly and tiered so you receive a higher rate of interest the greater your account balance. Tiers range from:

    • $500 to $9,999
    • $10,000 to $24,999
    • $25,000 or higher

    Of course, you also receive a free initial check blank order, free initial ATM card (with qualification), and free check images with your monthly statement.

    Premiere 22 Checking (Students)
    With Premiere 22 Checking, you get all the benefits of Premiere Free Checking plus interest! Plus, you have the opportunity to receive one of two annual scholarships! Just look at what you receive:

    • A variable rate of interest
    • No minimum balance
    • No monthly fee
    • Free initial check blank order
    • Free image statements

    The only catch…you must be under 22 years of age.

    Century 100 Premiere Interest Checking

    If a minimum balance of $10,000.00 is maintained in a CD, we’ll pay you interest on this checking account. Rates of interest are compounded monthly and tiered, so you receive a higher rate of interest the greater your balance. Tiers range from:

    • $500 to $9,999
    • $10,000 to $24,999
    • $25,000 or higher

    You receive free checking, free ATM card (with Qualification), free check images with your monthly statement, and will be a member of the Century 100 Club.

    This account is limited to six preauthorized withdrawals.

    A service charge is imposed if you do not maintain a $10,000.00 certificate with us.

  • Savings

    Your savings account with us is Federally insured up to $250,000 and IRA accounts are insured up to $250,000.00. With the options we provide in savings products, you will find just the right account with a competitive rate of interest to meet your needs.

    Premier Savings
    A minimum deposit of $100 is required to open this account. Variable rates of interest are compounded monthly, and you receive a free quarterly or combined account statement. A $2.00 service charge is imposed if the balance in the account drops below $100 any day of the statement cycle.
    This account is limited to six preauthorized withdrawals.

    Premiere MMIS
    A minimum deposit of $1000 is required to open this account. Variable rates of interest are compounded monthly, and you receive a free monthly or combined account statement. Tiered interest rates increase with the account balance. Tiers range from:

    • $1,000 to $4,999
    • $5,000 to $9,999
    • $10,000 to $24,999
    • $25,000 to $49,999
    • $50,000 or greater

    This account is limited to six preauthorized withdrawals. A service charge of $10.00 is imposed every month if the balance on the account drops below $1,000 any day of the statement cycle.

    Premiere 22 Savings (Student Savings)
    With Premiere 22 Savings, you get great benefits, plus you have the opportunity to receive one of two annual scholarships! Look at what you receive:

    • A variable rate of interest
    • No minimum balance
    • No monthly fee and
    • Free quarterly statements

    The only catch…you must be under 22 years of age.

    This account is limited to six preauthorized withdrawals.

    Access Money Market

    A minimum deposit of $10,000 is required to open this account. Variable rates of interest are compounded monthly, and you receive a free monthly or combined statement. Tiered interest rates increase with the account balance. Tiers range from:

    • $10,000 to 24,999
    • $25,000.00 to 49,999
    • $50,000 or greater

    This account is limited to six preauthorized withdrawals.

    A service charge of $10.00 is imposed every month if balance falls below $10,000.00 any day of the statement cycle. Rate will revert back to regular savings if balance falls below $10,000.00 any day of the statement cycle.

    Certificates of Deposit
    We offer a variety of CD products at competitive interest rates and low minimum deposits.

    Retirement Accounts
    First State Bank of Cando offers individual retirement account (IRAs) products to help you plan for your retirement.