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Choice Announces New Partnership in the Twin Cities

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Choice Bank is pleased to announce that pending regulatory approval, Choice Bank has entered into an agreement to acquire Northern Capital Insurance Group—an independent insurance agency that specializes in Business Insurance, Employee Benefits, as well as Home & Auto Insurance. Their main office is located in the Twin Cities, but they also operate out of two other branches across Michigan and Wisconsin. We are excited to combine our expertise to continue delivering exceptional client experiences.

“Our mission has always focused on representing our clients’ interests as though they were our own. Through Choice Insurance, we will be able to provide even more services to help our clients reach their goals,” says Wayne Mann, President of Northern Capital Insurance. “Our customers can continue to expect a high-value relationship with the same local management team they already know and trust.”

Partnering with Northern Capital Insurance Group gives us the chance to grow our presence in the Twin Cities market and expand our insurance expertise with an agency that has the same dedication to putting PeopleFirst. Additionally, we have the opportunity to help them better serve their customers by offering expanded services as well as provide an opportunity for their clients to have direct access to full-service banking, Employee Benefits and Administration, and Wealth Management services.

“We are very excited about this new partnership with Northern Capital Insurance and the opportunity to expand our insurance division’s expertise,” says Brian L. Johnson, CEO of Choice Bank.

The acquisition was final as of Friday, February 1, 2019. Northern Capital Insurance will continue to operate under the same name, as a division of Choice Insurance, for an undisclosed period of time.

About Northern Capital Insurance Group

Operating as an independent insurance agency since 1978, Northern Capital Insurance has maintained their standard as a high-performing, high-growth agency. Most notably, they were named a ‘Circle of Excellence Agency’ in 2016 by Western National Insurance Group, which highlighted Northern Capital’s performance and growth success from 2010-2015. Their success can be attributed to their philosophy of representing their clients’ interests as their own by providing competitive price, comprehensive coverage, and unparalleled service. Combined, their staff has over 200 years of industry experience, and have earned the trust and respect of many different companies throughout their history.

Choice Insurance and Northern Capital Insurance Group are divisions of CFG. Products sold through our Insurance department are: NOT A DEPOSIT • NOT FDIC INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY THE BANK • MAY GO DOWN IN VALUE