Banking for Businesses > Deposits

You work smart, so should your money.

Choice Bank offers a variety of business checking and savings accounts to meet your needs.

Do what you do best. We’ll handle the rest. Our business checking options are designed to serve a broad range of organizations, from start-ups to nonprofits and corporations. We customize checking solutions based on your business needs. To learn more, visit one of our locations or drop us a line below to set up an appointment.

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Grow your balance as you grow your business. Savings accounts serve a vital role as a smart, steady way that can help you reach your financial goals. With our varied account and interest options, Choice Bank can help manage your excess cash.

Schedule an Appointment

Strengthen your finances. Build your future. We will work with you to structure the right terms and maturity dates as well as interest payment methods and maturity laddering to meet your cash flow needs.

Schedule an Appointment

Certificates of Deposit (CDs)

With a Choice CD, your finances can become even stronger. We have a variety of CD options at different tiers where you can benefit from competitive rates and perks that reward your hard work. Rest easy knowing your funds are in good hands with a strong Midwestern community bank – not a faraway or unknown online institution.

Large Investments (CDARS)

CDARS® is a safe and smart investment vehicle if you’re looking to protect large-dollar investments. You earn CD-level returns that may compare favorably to Treasury and money-market-fund yields.

CDARS provides access to multi-million-dollar FDIC insurance. That’s why thousands of safety-conscious institutional investors, businesses, nonprofits, and public funds/governments choose CDARS. It’s the easiest way to access multi-million-dollar FDIC insurance through our bank. (Limits apply.)

With CDARS you have:

  • The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements.
  • The ability to forego ongoing collateral tracking if you are accustomed to doing so.
  • The power of daily compounding.
  • A finite maturity date (in contrast to auction-rate or some adjustable-rate securities).

Learn More About CDARS

CDARS CDs are considered bank deposits. They are not Depository Trust Company (DTC) eligible and, currently, no secondary market exists. Early withdrawals are available, but require the payment of a substantial penalty.

You should compare the current rates and features of CDs (including CDs placed through the CDARS service) to other investment alternatives. Past performance may not be representative of future performance or success.

Weekly and overall limits apply. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through CDARS or a particular CDARS transaction satisfies those restrictions. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with our bank. The agreement contains important information and conditions regarding the placement of funds by our bank through CDARS.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

Nonprofit Solutions

You play an important role in supporting our communities.

Having the right tools to help you manage your cash is critical to providing that service. That’s why we’re proud to offer product and service packages, specifically designed for our nonprofit clients.

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Bank | Wealth

West Fargo, ND

210 Sheyenne St

West Fargo, ND 58078

Phone

Bank:
(701) 277-9258

 

Wealth:
(701) 282-3100

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Walhalla, ND

407 12th Street

Walhalla, ND 58282

Phone

Bank:
(701) 549-3761

Insurance:
(701) 549-3761

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 4:30PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Steele, ND

115 Broadway E

Steele, ND 58482

Phone

Bank:
(701) 475-2301

Insurance:
(701) 475-2360

Lobby Hours

Monday – Friday
9:00AM – 4:30PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Bank

Medina, ND

101 Second Avenue SW

Medina, ND 58467

Phone

Bank:
(701) 486-3184

Lobby Hours

Monday – Friday
8:30AM – 4:00PM

Bank | Insurance

Langdon, ND

210 Eighth Avenue

Langdon, ND 58249

Phone

Bank:
(701) 256-2141

Insurance:
(701) 256-2101

Lobby Hours

Monday – Friday
8:30AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

LaMoure, ND

119 South Main Street

LaMoure, ND 58458

Phone

Bank:
(701) 883-8282

Insurance:
(701) 883-7777

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 4:30PM

Bank | Wealth

Grand Forks, ND

4501 S Washington Street

Grand Forks, ND 58201

Phone

Bank:
(701) 738-4300

Wealth:
(701) 738-4330

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
8:00AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Wealth

Grand Forks, ND

1697 S 42nd Street

Grand Forks, ND 58201

Phone

Bank:
(701) 746-6010

Wealth:
(701) 775-8666

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
8:00AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Grafton, ND

645 Hill Avenue

Grafton, ND 58237

Phone

Bank:
(701) 352-0242

Insurance:
(701) 352-0242

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Saturday
9:00AM – 12:00PM

Insurance | Wealth

Fargo, ND

3050 Sienna Drive S

Fargo, ND 58104

Phone

Insurance:
(701) 356-9895

 

Wealth:
(701) 282-3100

 

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Bank | Insurance

Fargo, ND

4501 23rd Avenue S

Fargo, ND 58104

Phone

Bank:
(701) 356-9700

Insurance:
(701) 356-9895

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank

Ellendale, ND

83 Main Street

Ellendale, ND 58436

Phone

Bank:
(701) 349-8282

Lobby Hours

Monday – Friday
8:00AM – 4:30PM

Bank | Insurance | Wealth

Dickinson, ND

323 18th Street W

Dickinson, ND 58601

Phone

Bank:
(701) 258-3300

Insurance:
(701) 483-1864

Wealth:
(701) 456-3390

Lobby Hours

Monday – Friday
8:30AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 5:30PM

Saturday
8:30AM – 12:30PM

Bank | Insurance | Wealth

Bismarck, ND

207 E Front Ave

Bismarck, ND 58504

Phone

Bank:
(701) 258-3300

Insurance:
(701) 224-7044

Wealth:
(701) 250-5126

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 1:00PM

Bank | Insurance

Bismarck, ND

1313 Skyline Boulevard

Bismarck, ND 58503

Phone

Bank:
(701) 224-9200

Insurance:
(701) 250-8395

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 1:00PM

Wealth

Beulah, ND

117 Highway 49 N

Beulah, ND 58523

Phone

Wealth:
(701) 873-4117

Lobby Hours

Tuesday
9:00AM – 4:00PM

Bank | Insurance

Belfield, ND

201 Main Street N

Belfield, ND 58622

Phone

Bank:
(701) 575-8282

Insurance:
(701) 575-8178

Lobby Hours

Monday – Friday
8:30AM – 4:30PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Bank

Roseville, MN

2100 W County Road C

Roseville, MN 55113

Phone

Bank:
(651) 900-8888

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Brett Lawrence

VP & Commercial Loan Officer

612-524-5856

Boyd Malo

VP & Commercial Loan Officer

612-524-5857

Nate Urfer

Location President

612-524-5858

Bank

Eagan, MN

2640 Eagan Woods Drive

Eagan, MN 55121

Phone

Bank:
(651) 289-2222

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Charles Bauman

Commercial Loan Officer

651-289-2231

Rosie Davis

VP & Cash Management Officer

651-289-2223

Bryan Frandrup

VP & Commercial Loan Officer

651-289-2232

Stephanie Hansen

SVP, Chief Deposit & Cash Management Officer

651-289-2226

Colleen Karst

NMLS #486231

VP & Mortgage Loan Officer

(651) 289-2221

Dan McCarvel

VP & Commercial Loan Officer

651-289-2235

Dion Muchow

Location President

651-289-2230

Steve Peterson

SVP & Commercial Loan Officer

651-289-2236

Bank

Golden Valley, MN

6210 Wayzata Boulevard

Golden Valley, MN 55416

Phone

Bank:
(763) 398-3333

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Team Members

Abbi Deringer

VP & Cash Management Officer

763-398-5811

Kevin Doyle

VP & Commercial Loan Officer

763-398-5813

John Fritz

Location President

763-398-5824

Kriss Griebenow

SVP & Commercial Loan Officer

763-398-5822

Brett Howells

Commercial Lender

763-210-7735

Colleen Karst

NMLS #486231

VP & Mortgage Loan Officer

(651) 289-2221

Cristen Purdy

VP & Commercial Loan Officer

763-398-5817

Chris Young

SVP & SBA Program Manager

763-398-5815

Bank

Bloomington, MN

4470 W 78th Street Circle

Bloomington, MN 55435

Phone

Bank:
(952) 830-9999

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Jeff Elden

AVP & Commercial Loan Officer

952-837-0662

Mark Haug

Location President

952-837-0663

Jerry Hentges

VP & Commercial Loan Officer

952-837-0692

Rob Olson

AVP & Commercial Loan Officer

952-837-0683

Patty Pawlik

VP & Cash Management Officer

952-837-0673

Bob Rausch

VP & Commercial Loan Officer

952-837-0664

Phouvieng Sivilay

VP & Commercial Loan Officer

952-837-0674

Pang Xiong

Cash Management Officer

952-837-0684

Talk to our Business Banking Team

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