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Financially Sound and Successful

We are a financially-strong, long-established community bank with a reputation for success and a history of profitability.


Stable, Local, Profitable

We are recognized as a financial leader with expertise in agriculture and business and have earned a reputation as a successful client-focused community bank.  We are intensely committed to employee learning and development and providing employee ownership of the organization.

Our financial strength, sound business practices and stability have drawn superior ratings from national rating services that evaluate financial institutions in the United States.

Since our initial offering of stock in 1991, American Federal has grown from $150 million in assets to well over $400 million today.  The loan portfolio has changed considerably as we added Agriculture, Business and Multi-Family Lending to our array of services.  With the increased lending services, earnings have also grown significantly, helping us to become a high performing bank.  American Federal shareholders have enjoyed a consistent double-digit annual return on their investment, something we are especially proud of.

Our profitable growth reflects the financial strength of our clients and the communities we serve and our core mission of developing long-term trusted relationships with our clients, providing solutions and advisory-level services based on our clients’ goals and making decisions based on the best interest of our shareholders.

Our roots run deep in the Red River Valley of North Dakota and northwestern Minnesota.  Founded in East Grand Forks, Minnesota in 1891, American Federal has 13 convenient, full-service community banks in 12 communities.  Our Home Office is in Fargo, North Dakota.

Many of our employees grew up in North Dakota and Minnesota and worked in local businesses or on the family farm while they went to school.

American Federal employees are leaders in their communities and involved in civic affairs and volunteer activities.

Strong and stable leadership has been a hallmark of American Federal.  Our most successful Bankers and Market Presidents are among our longest employed.