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.

Schedule an Appointment

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.

Request more information

From Our Blog

#PeopleFirst, Newsroom

Choice Bank awards scholarships to three Sacred Heart School students

Read More

Our Story

What makes us different?

It’s not the systems we use or the size of our buildings; it’s our people.

Learn More
Bank

Moorhead, MN

801 Main Avenue, Suite 103

Moorhead, MN 56560

Phone

Bank:

(218) 359-3600

Lobby Hours

Monday – Friday

9:00AM – 5:00PM

Steven Jesme

Location President

(701) 356-9716

Vikki Johnson

NMLS #418639

VP Mortgage Loan Officer

(701) 356-9684

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

Dannelle Doering

Universal Banker

Bryce Messner

Credit Banker

(701) 356-8182

Edward Sheeley

Location President

(701) 277-9258

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

Travis Berg

AVP Business/Ag Banker

(701) 549-4162

Pat Chaput

Location President

(701) 549-4160

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

Matthew Aichele

Business/Ag Banker

(701) 475-3207

Linda Rudolph

Business/Ag Banker

(701) 475-2301

Mark Sand

Location President

(701) 475-2301

Bank

Medina, ND

101 Second Avenue SW

Medina, ND 58467

Phone

Bank:
(701) 486-3184

Lobby Hours

Monday – Friday
8:30AM – 4:00PM

Gerald Horner

Location President

(701) 486-3184

Rhonda Schlecht

Personal Banker

(701) 486-3184

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

Todd Borchardt

Ag Credit Officer

(701) 256-4106

Susan Borgen

AVP/Senior Loan Officer

(701) 256-4108

Sherry Buchweitz

Personal Banker

(701) 256-4101

Kathy Kramer

Client Account Executive

(701) 256-4126

Zachary Schaefer

Business/Ag Banker

(701) 256-2141

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

Gaige Dunn

Business/Ag Banker

(701) 883-8282

Rod Kramer

Insurance Advisor

(701) 883-7777


Darren Thielges




Insurance Manager

(701) 883-7777


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

Robin Dubuque

Client Account Executive

(701) 738-4348

Julie Dvorak

Private Banking Officer

(701) 738-4324

Chris Johnson

Location President

(701) 738-4319

Deb Kolling

NMLS #1027681

AVP Mortgage Loan Officer

(701) 738-4311

Michael-Sean Rauschendorfer

Business/Ag Banker

(701) 738-4314

Jeramie Riskey

VP Business/ Ag Banker

(701) 738-4316

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

Andrew Petersen

Business/Ag Banker

(701) 352-5144

Dennis Schneider

Business/Ag Banker

(701) 352-5145

Jeanie Smestad




Insurance Manager

(701) 352-0242

Ryer Stark




Insurance Advisor

(701) 352-5156

Zachary Suda

Business/Ag Banker

(701) 352-5154

Val Walker




Insurance Manager

(701) 352-5157


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

Jay Bartley

Personal Lines Sales Manager

(701) 552-3284

Dan Fremling

CLU, ChFC, LUTCF

Insurance Manager

(701) 238-1986

Tony Gross




Insurance Advisor

(701) 356-9769


Chuck Klabo

Director of Insurance

(701) 356-9706

Lucas Wolford

Insurance Advisor

(701) 361-6945

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

LeRoy Adams

Location President

(701) 356-9750

Brandon Askew

Wealth Manager

(701) 282-3100

Mike Bindas

Director of Wealth Management

(701) 282-3100

Amanda Metzger

Client Account Executive

(701) 356-8176

Kristin Petrik

Client Account Executive

(701) 356-9707

Landon Poss

AVP of Business/Ag Banking

(701) 356-9731

Jamie Satrom

Client Account Executive

(701) 356-9767

Dexter Werner

NMLS #1868054

Mortgage Loan Officer

(701) 551-3287

Bank

Ellendale, ND

83 Main Street

Ellendale, ND 58436

Phone

Bank:
(701) 349-8282

Lobby Hours

Monday – Friday
8:00AM – 4:30PM

Jeff Peterson

Location President

(701) 349-8282

Elizabeth Van Aarde

Rlationship Banker

(701) 349-8282 ex: 6403

Bank | Insurance | Wealth

Dickinson, ND

323 18th Street W

Dickinson, ND 58601

Phone

Bank:
(701) 483-8282

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

Thomas Fath

Location President

(701) 483-8282

Zared Lefor




Insurance Manager

(701) 483-1864

David Selinger

VP Business/ Ag Banker

(701) 483-8282

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

Brock Schoch

AVP Business Banker

(701) 256-4106

Celeste Burke

NMLS #1511980

Mortgage Loan Officer

(701) 224-7046

Chad Bjornson

VP Business/ Ag Banker

(701) 751-7282

Christopher Keller

VP Business/ Ag Banker

(701) 751-7282

Debra Eiseman

Location President

(701) 224-7062

Lindsey Matter

NMLS # 631932

SVP Mortgage Loan Officer

(701) 250-1901

Missy Lamp

Relationship Banker

(701) 250-8382

Nellie Keller

Vice President Private Banking

(701) 250-8377

Tina Pritchett

Client Account Executive

(701) 250-5126

William Robinson

SVP Business/Ag Banker

(701) 250-8371

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

Bruce Baer

Location President

(701) 575-8282

Diane Tift

Personal Banker

(701) 575-8282

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

Kevin Doyle

VP & Commercial Loan Officer

763-398-5813

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

SVP & Commercial Loan Officer

651-289-2232

Stephanie Hansen

SVP, Chief Deposit & Cash Management Officer

651-289-2226

Colleen Karst

NMLS #486231

SVP Mortgage Loan Officer

(651) 289-2221

Dan McCarvel

SVP & 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

John Fritz

President, Choice Bank Minnesota

763-398-5824

Kriss Griebenow

SVP & Commercial Loan Officer

763-398-5822

Brett Howells

AVP & Commercial Loan Officer

763-210-7735

Colleen Karst

NMLS #486231

SVP Mortgage Loan Officer

(651) 289-2221

Cristen Purdy

Location President

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

VP & Commercial Loan Officer

952-837-0662

Mark Haug

Location President

952-837-0663

Patty Pawlik

VP & Cash Management Officer

952-837-0673

Bob Rausch

SVP & 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

Give us a few details and our Business Banking Team will reach out to you shortly.