Introduction
Turtle Mountain State Bank (TMSB), headquartered in Rolla, North Dakota, is a leading financial institution serving the diverse needs of individuals, businesses, and communities throughout the region. With a rich history spanning over 100 years, TMSB has consistently delivered exceptional banking services, earning a reputation for stability, reliability, and customer-centric approach.
TMSB was founded in 1919 as the Farmers State Bank of Rolla. Since its inception, the bank has remained committed to its mission of providing financial solutions that support the economic growth and well-being of the communities it serves. Over the years, TMSB has expanded its reach through strategic acquisitions and mergers, becoming one of the largest community banks in North Dakota.
TMSB offers a comprehensive suite of banking products and services, catering to the needs of individuals, businesses, and non-profit organizations.
For Individuals:
For Businesses:
For Non-Profit Organizations:
TMSB has consistently maintained a strong financial position, demonstrating its stability and resilience. As of December 31, 2022:
Source: Turtle Mountain State Bank Annual Report 2022
TMSB is deeply committed to the well-being of its communities. The bank supports numerous initiatives and organizations that make a positive impact on the lives of its customers and neighbors. Through financial donations, volunteerism, and leadership roles, TMSB strives to be a force for good in the region.
Customer satisfaction is a top priority for TMSB. The bank's dedicated team of financial professionals is committed to providing personalized service, tailored to the specific needs of each customer. TMSB continuously invests in advanced technology and training to ensure that customers have access to the most efficient and convenient banking experience possible.
Over the past century, TMSB has adopted several effective strategies that have contributed to its long-term success:
Opening an Account:
Online Banking Enrollment:
Applying for a Loan:
Pros:
Cons:
Q: What is the minimum balance requirement for a savings account?
A: TMSB does not currently have a minimum balance requirement for savings accounts.
Q: Can I transfer money from my TMSB account to another bank?
A: Yes, you can transfer money to other banks through TMSB's online banking platform or by contacting a TMSB customer service representative.
Q: What are the fees for using TMSB ATMs?
A: ATM transactions are free at TMSB-owned ATMs. Withdrawals at non-TMSB ATMs may incur a fee.
Q: Can I open a joint account with another person?
A: Yes, TMSB offers joint accounts for individuals who wish to manage finances совместно.
Q: What are the loan terms for auto loans?
A: TMSB auto loan terms vary depending on the make and model of the vehicle, loan amount, and creditworthiness. Contact a TMSB loan officer for more information.
Q: Does TMSB offer investment services?
A: TMSB does not offer investment services directly. However, the bank can provide referrals to reputable financial advisors.
Table 1: Comparison of TMSB Loan Rates with Industry Averages
Loan Type | TMSB Rate | Industry Average |
---|---|---|
Personal Loan | 5.99% - 12.99% | 6.96% - 14.96% |
Home Mortgage (30-year fixed) | 3.50% - 6.00% | 4.25% - 6.50% |
Commercial Loan | 4.50% - 9.00% | 5.00% - 10.00% |
Source: Federal Reserve Economic Data (FRED) and Bankrate.com
Table 2: TMSB Branch Locations
Location | Address | Phone Number |
---|---|---|
Rolla, ND | 101 W Main St | (701) 477-2211 |
Bottineau, ND | 102 S Main St | (701) 228-2311 |
Devils Lake, ND | 201 E Railroad Ave | (701) 662-3141 |
Rugby, ND | 103 S Main St | (701) 776-3255 |
Trenton, ND | 101 W Main St | (701) 738-2121 |
Table 3: TMSB Financial Performance Highlights
Year | Total Assets | Total Deposits | Net Income | ROAA |
---|---|---|---|---|
2018 | $1.1 billion | $850 million | $16.3 million | 1.28% |
2019 | $1.2 billion | $900 million | $18.5 million | 1.39% |
2020 | $1.3 billion | $950 million | $22.1 million | 1.46% |
2021 | $1.4 billion | $1.05 billion | $25.6 million | 1.50% |
2022 | $1.5 billion | $1.1 billion | $20.4 million | 1.35% |
Source: Turtle Mountain State Bank Annual Reports
2024-08-01 02:38:21 UTC
2024-08-08 02:55:35 UTC
2024-08-07 02:55:36 UTC
2024-08-25 14:01:07 UTC
2024-08-25 14:01:51 UTC
2024-08-15 08:10:25 UTC
2024-08-12 08:10:05 UTC
2024-08-13 08:10:18 UTC
2024-08-01 02:37:48 UTC
2024-08-05 03:39:51 UTC
2024-09-24 00:32:40 UTC
2024-10-09 10:57:42 UTC
2024-09-27 13:35:23 UTC
2024-10-09 02:01:14 UTC
2024-10-18 01:33:03 UTC
2024-10-18 01:33:03 UTC
2024-10-18 01:33:00 UTC
2024-10-18 01:33:00 UTC
2024-10-18 01:33:00 UTC
2024-10-18 01:33:00 UTC
2024-10-18 01:33:00 UTC
2024-10-18 01:32:54 UTC