American Federal Bank

American Federal is a financially-strong, long-established, employee-owned community bank serving agriculture, business and individuals in the Red River Valley of North Dakota and northwestern Minnesota for more than a century.

A $3.5 billion mutual bank founded in 1923, Gate City Bank is the region's leading financial institution and the #1 mortgage lender in North Dakota. For over 100 years, the bank has existed to create a better way of life for customers, communities and team members, and today it employs more than 770 team members at 45 locations in 23 communities across North Dakota and central Minnesota. Since 2003, Gate City Bank has contributed $40.9 million in philanthropic giving and more than 310,000 volunteer hours. Additionally, the bank has received a five-star rating from Bauer Financial for the past 28 years, and has been named one of the "50 Best Places to Work" 10 years in a row by Prairie Business magazine.