BankRankedBanks in North Dakota
7 FDIC-insured banks headquartered in North Dakota, ranked by total assets.
North Dakota is home to 7 FDIC-insured banks holding a combined $42.14B in total assets and approximately $36.32B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in North Dakota and may not include all branches of out-of-state banks operating in the state.
Bell Bank is the largest bank headquartered in North Dakota with $14.44B in total assets, indicating moderate market concentration among the largest institutions (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in North Dakota provides consumers with a range of options based on their banking preferences.
Total Banks
7
Combined Assets
$42.14B
Avg ROA
1.06%
Largest banks in North Dakota
Bell Bank is the largest bank headquartered in North Dakota with $14.44B in total assets and 33 branches (Source: FDIC BankFind).
First International Bank & Trust is a major bank headquartered in North Dakota with $6.16B in total assets and 28 branches (Source: FDIC BankFind).
Choice Financial Group is a major bank headquartered in North Dakota with $5.95B in total assets and 18 branches (Source: FDIC BankFind).
Alerus Financial is a major bank headquartered in North Dakota with $5.21B in total assets and 29 branches (Source: FDIC BankFind).
Gate City Bank is a major bank headquartered in North Dakota with $3.98B in total assets and 46 branches (Source: FDIC BankFind).
Banks headquartered in North Dakota
| # | Bank | Total Assets |
|---|---|---|
| 1 | Bell Bank | $14.44B |
| 2 | First International Bank & Trust | $6.16B |
| 3 | Choice Financial Group | $5.95B |
| 4 | Alerus Financial, National Association | $5.21B |
| 5 | Gate City Bank | $3.98B |
| 6 | Bravera Bank | $3.83B |
| 7 | Western State Bank | $2.56B |
Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in North Dakota. Data last updated: April 2, 2026.
How to choose a bank in North Dakota
When choosing a bank in North Dakota, consider what matters most for your financial needs. North Dakota has 7 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.
Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.
All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.
Data Sources
FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/
CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/
Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/
BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.