Pile of printed newspapers.

News

News

wave graphic

Click here to watch a live feed of the Great Falls, Montana construction project.

2020 Holiday Closures

Citizens Alliance Agency

Citizens Alliance Agency to Acquire Saue Insurance Agency

On August 21, 2020, Citizens Alliance Agency entered into a Letter of Intent Agreement to acquire and merge with the Saue Insurance Agency of Montevideo, Minnesota. Saue Insurance Agency has been a long-time, successful and highly respected full line, independent insurance agency based in Montevideo. Saue Insurance Agency and its employees will be merged into Citizens Alliance Agency and thereby become part of the Citizens Alliance Bank franchise. With the purchase of Saue Insurance Agency, Citizens Alliance Agency acquire an All State Insurance Company contract to add to the portfolio of companies they can write. The transaction between Citizens Alliance Agency and Saue Insurance Agency closed on October 1, 2020.

Citizens Alliance Agency offers property and casualty, life and health, as well as crop insurance coverage. Citizens Alliance Agency will be leveraging the footprint of Citizens Alliance Bank’s existing 12 branch offices located in West-Central Minnesota and Western Montana, thereby bringing the proven sales team of Citizens Alliance Agency into the market areas of the Bank.

President Kyle Goeman commented that “Citizens Alliance Agency is excited to have Agent, Tom Saue join our team with his knowledge and expertise in the insurance industry. All companies and carriers offered through Saue Insurance agency will merge into and become offerings with the Citizens Alliance Agency.”

Facilities & Upgrades

Great Falls, MT

Great Falls Elevation 1 - South West

Southwest Elevation – New Building
Citizens Alliance Bank, Great Falls, MT

Great Falls Elevation 2 - East

East Elevation – New Building
Citizens Alliance Bank, Great Falls, MT

Citizens Alliance Bank is excited to announce the groundbreaking for the construction of our newest full-service branch facility located in the West Bank Landing Development in Great Falls, Montana. The three-story, 18,000 square foot office facility was designed by LPW Architecture and the general contractor leading the project is Sletten Construction, Inc. The plan is for Citizens Alliance Bank to occupy the first floor and a portion of the second floor, with the remaining space on the second floor and the entire third floor available for tenant lease availability. This building site represents prime office space with beautiful views of the Missouri River. Please contact Ryan Fritz, Montana Market Manager, at (406)403-7462 regarding any interest in tenant lease availability. Construction and landscaping are scheduled to conclude by October 31, 2021.

Newsletters

Read previous editions of the official newsletter of Citizens Alliance Bank, by clicking one of the links below:

Loan and Deposit Production Office

Citizens Alliance Bank Expansion into Montevideo, Minnesota with a Loan and Deposit Production Office

Chad Forkrud, Senior Vice President/Chief Lending Officer of Citizens Alliance Bank announced that the Bank has opened a Loan and Deposit Production Office in Montevideo, Minnesota, effective October 26, 2020. The Loan and Deposit Production Office is housed in the Citizens Alliance Agency building (formerly the Goeman Insurance Agency building) located at 1406 E Highway 7.

Forkrud stated the loan production side of the business will be staffed full-time by Dean Solem (Senior Vice President/Montevideo Market Manager) and Nolan Jaspersen (Vice President/Commercial/Ag Loan Officer). These two individuals are seasoned bankers with deep ties to Montevideo and the surrounding areas. Deposit and administrative duties will initially be staffed as needed from the Clara City or Granite Falls offices of Citizens Alliance Bank.

While not a full-service branch, a Loan Production Office can originate, approve, and close loans of all types. A Deposit Production Office may solicit deposits, provide information about deposits, and assist persons in completing application forms and related documents to open or maintain a deposit account. Forkrud noted that over the past several years Citizens Alliance Bank has been gradually building a customer base in the Montevideo market. These existing relationships plus potential other patrons have been encouraging us to consider having a local physical presence. In addition, the timely acquisition of the Goeman Insurance Agency (now Citizens Alliance Agency) in the Montevideo market solidified the strategic decision to move forward with a banking presence in Montevideo. The Loan and Deposit Production Office is an incremental step to opening a full-service branch. Forkrud is optimistic about the Bank’s acceptance in the Montevideo market and stated a full-service branch is the Bank’s long-term goal as sufficient business is generated.

The hours of operation for office will be Monday through Friday from 8:00am to 5:00pm.

Citizens Alliance Bank is an independent community bank chartered in 1902 and headquartered in Clara City, Minnesota. Including Montevideo, the Bank has ten offices in Minnesota and three in western Montana generating about $925 million in assets.

What's New

2020 Customer Appreciation

Due to ongoing COVID-19 concerns, Citizens Alliance Bank will be cancelling our Annual Customer Appreciation Open House events in each of our communities for 2020. As we have all experienced, the challenges of social distancing and serving food and beverages in a group setting makes getting together more difficult today. In the meantime, we encourage you to visit the drive-up at your local branch to pick-up your annual holiday gift from us.

If you have any questions or concerns, please do not hesitate to contact your Relationship Officer or your local branch.


Introducing Kyle Henderson

Kyle Henderson recently joined Citizens Alliance Bank in the Great Falls, Montana location as a Vice President/Loan Officer. In this role, he will be responsible for managing customer relationships and prospecting and developing new business relationships in Great Falls and the surrounding communities.

Henderson brings over six years of banking experience with extensive Commerical Lending and Portfolio Management knowledge to Citizens Alliance Bank. Henderson started his banking career at US Bank as a Personal Banker for two years and transitioned to a Business Banker for four years.

Henderson was raised in Choteau, Montana right on the Rocky Mountain Front and now resides in Great Falls, Montana. In 2012, Henderson received a Bachelor of Science degree in Business Administration and a minor in Finance at Montana State University, in Havre, Montana. In his free time, Henderson enjoys hunting, fishing, golfing, snowboarding, hiking, camping, and hanging out with his family.

Citizens Alliance Bank is a family-owned community bank providing financial and related banking services within local communities in Minnesota and Montana. The Bank provides integrated products and banking services that customers seek, including local empowered decision making and personalized customer service delivered with a small-town personal touch. The Bank and its shareholders remain committed to strengthening and improving the communities that its customers and employees work and live in through financial literacy and economic and community development.


Introducing Alex Neisen

Alex Neisen recently joined Citizens Alliance Bank in the Howard Lake, Minnesota location as the Senior Vice President/Market Manager. In this role, he will be primarily responsible for overseeing the daily operations of the branch and performing primary lending functions which include servicing current loan customers and cultivating new relationships.

Neisen brings over ten years of banking experience with a primary focus on the lending side of banking. He spent nine years with Farmers State Bank of Watkins as Vice President, and was a member of the ALCO Committee, Credit Committee, Compliance Committee and Board of Directors. After Farmers State Bank of Watkins was acquired by Citizens Bank Minneosta, Neisen served as Vice President/Branch Manager.

Neisen was raised in Watkins, Minnesota and now resides in Maple Grove, Minnesota. Neisen graduated from Saint John’s University with a Bachelor of Science Degree in Business Administration with a minor in Psychology. In 2016, Neisen graduated from the Graduate School of Banking in Madison, Wisconsin to further his banking career. He is married to his wife, Augusta, and together they have an 18-month-old daughter, Josephine. Neisen’s hobbies include spending time with his family, running and going to the movies.

Citizens Alliance Bank is a family-owned community bank providing financial and related banking services within local communities in Minnesota and Montana. The Bank provides integrated products and banking services that customers seek, including local empowered decision making and personalized customer service delivered with a small-town personal touch. The Bank and its shareholders remain committed to strengthening and improving the communities that its customers and employees work and live in through financial literacy and economic and community development.


Chad Forkrud Named Interim President

Chad Forkrud Congrats

Chad Forkrud has been named Interim President of Citizens Alliance Bank effective immediately. Forkrud has been with the organization for over 25 years. He began his career in the fall of 1995 as an intern where he spent much of that time working in backroom operations learning about banking. Forkrud spent some time working with investments and then transitioned to lending where he has spent most of his career in various lending capacities with his most recent role being Senior Vice President/Chief Lending Officer.

Forkrud has played a large part in the organization over the years as he is a member of the Senior Credit Committee, Senior Management Team and the ALCO Committee for Citizens Alliance Bank. He is also a member of the Clara City Economic Development Authority, and recently retired from the Clara City Fire Department after 23 years of service. Forkrud graduated from St. John’s University in 1995 with a major in Political Science and a Minor in Management. In 2016, he graduated from the Graduate School of Banking at the University of Wisconsin.

Forkrud grew up in Bloomington, Minnesota and moved to Clara City when he began his internship at the Clara City location. Forkrud has many family connections in western Minnesota, as his father was from Renville and his mother was from Vesta. Forkrud enjoys fishing and hunting in his spare time, along with spending time with his wife Carol.

Citizens Alliance Bank is a family-owned community bank providing financial and related banking services within local communities in Minnesota and Montana. The Bank provides integrated products and banking services that customers seek, including local empowered decision making and personalized customer service delivered with a small-town personal touch. The Bank and its shareholders remain committed to strengthening and improving the communities that its customers and employees work and live through financial literacy and economic and community development.


Introducing Dean Solem

Dean Solem Welcome

Dean Solem recently joined Citizens Alliance Bank at the Loan and Deposit Production Office in Montevideo, Minnesota as a Senior Vice President/Market Manager. In this role, he will be responsible for managing agricultural and commercial customer relationships and prospecting and developing new business relationships in Montevideo and the surrounding communities. Solem brings over 12 years of banking experience with a primary focus on ag lending. Solem has a Bachelor of Science Degree in Business Administration from Minnesota State University Moorhead. He takes pride in his passion for agriculture and local decision making.

Solem was raised on a farm between Dawson and Montevideo where his family raised corn, soybeans, and feeder cattle. As a kid he always had livestock around including horses, cattle, pigs, sheep, and even a few wild turkeys. Solem currently resides only three miles away from where he grew up and has acreage that borders the Lac Qui Parle County Park. To this day he continues to farm soybeans and corn in Lac Qui Parle County.

Solem is married to his wife, Sadie and has two boys, Kade (14) and Mason (11). His boys keep him busy enjoying sports, the arts, raising sheep, and show lambs that they compete with in 4H. The two boys also operate a small business producing and selling pumpkins and gourds for fall decorating. Solem enjoys being in the woods or on water in his free time, including hunting, fishing, hiking, and camping.

Citizens Alliance Bank is a family-owned community bank providing financial and related banking services within local communities in Minnesota and Montana. The Bank provides integrated products and banking services that customers seek, including local empowered decision making and personalized customer service delivered with a small-town personal touch. The Bank and its shareholders remain committed to strengthening and improving the communities that its customers and employees work and live through financial literacy and economic and community development.


Debit Card Management at Your Fingertips

Debit Card Management Graphic

Banking with Citizens Alliance Bank just got easier as you now have the ability to manage your Visa® Debit Card right in Digital Banking. These new features include disputing transactions, requesting temporary limit increases, reporting a lost or stolen card, changing your Personal Identification Number (PIN), turning your card on and off, applying traveling notifications and managing card alerts.


Enroll in E-Statements & E-Notices Today

E-Statements & E-Notices Graphic

Go green and enroll in e-statements and e-notices today! For step by step instructions click here.