FM BANK
Who are your customers?
We provide banking products and services to individuals, families, and small businesses in an area stretching 45 miles out from Granite Falls, and sometimes further.
What do you offer/benefits?
FM BANK offers a wide range of deposit accounts (checking, savings, CDs, IRAs, HSAs) and loans, ag commercial, home, auto, and many other banking products and services. We offer the convenience of internet banking, mobile deposit, debit and credit cards, text alerts and much more!
What is something unique or different that you offer that sets you apart?
Our excellence in customer service! We are a growing organization that is proud to have employees who have been providing banking services to their communities for 20, 30, and even 40 years! And we are excited to introduce new employees who offer their knowledge and skills in technology to assist those customers who enjoy the convenience of digital banking services. We strive to find the best financial solutions for our customers, whether or not it means we provide a product or service to our customer.
Vision/mission statement
To be the primary banking resource for our market. We act in the best interest of our customers and employees consistent with sound business principals and uncompromising integrity. We create an inviting and engaging atmosphere for customers and support the success of the communities we serve. We provide an open, fun, and learning environment for our employees.
What is the History of your business?
FM BANK, originally known as Granite Falls Bank, was established in 1878, one year before the city of Granite Falls was incorporated. The bank has been providing great service to the Granite Falls area community ever since.
Why are you located in the Granite Falls area?
We are located on 702 Prentice Street in downtown Granite Falls right across the street from the famous Kiwanis Popcorn stand.
Tell us something we don’t know about your business…
FM BANK has the second oldest bank charter in the state of Minnesota. We now have 5 other Minnesota banking locations including Clarkfield, Olivia, Wheaton, Fergus Falls, and Waseca.
What is your favorite place in Granite Falls?
Right where we are, on Prentice Street along the Minnesota River, which is a must-see area for residents and visitors. We love the river, the dam, the pedestrian bridge, and the pelicans! We also love our downtown business neighbors!
What are your successes/ Challenges?
We take very seriously our mission to help protect our customers against fraud. One such product is FM BANK’s Positive Pay service which matches a company’s issued checks and ACHs against the checks and ACHs that are presented for payment. We also protect our customers against debit card fraud with a fraud alert system that texts our customers when we detect suspicious transactions.
We provide banking products and services to individuals, families, and small businesses in an area stretching 45 miles out from Granite Falls, and sometimes further.
What do you offer/benefits?
FM BANK offers a wide range of deposit accounts (checking, savings, CDs, IRAs, HSAs) and loans, ag commercial, home, auto, and many other banking products and services. We offer the convenience of internet banking, mobile deposit, debit and credit cards, text alerts and much more!
What is something unique or different that you offer that sets you apart?
Our excellence in customer service! We are a growing organization that is proud to have employees who have been providing banking services to their communities for 20, 30, and even 40 years! And we are excited to introduce new employees who offer their knowledge and skills in technology to assist those customers who enjoy the convenience of digital banking services. We strive to find the best financial solutions for our customers, whether or not it means we provide a product or service to our customer.
Vision/mission statement
To be the primary banking resource for our market. We act in the best interest of our customers and employees consistent with sound business principals and uncompromising integrity. We create an inviting and engaging atmosphere for customers and support the success of the communities we serve. We provide an open, fun, and learning environment for our employees.
What is the History of your business?
FM BANK, originally known as Granite Falls Bank, was established in 1878, one year before the city of Granite Falls was incorporated. The bank has been providing great service to the Granite Falls area community ever since.
Why are you located in the Granite Falls area?
We are located on 702 Prentice Street in downtown Granite Falls right across the street from the famous Kiwanis Popcorn stand.
Tell us something we don’t know about your business…
FM BANK has the second oldest bank charter in the state of Minnesota. We now have 5 other Minnesota banking locations including Clarkfield, Olivia, Wheaton, Fergus Falls, and Waseca.
What is your favorite place in Granite Falls?
Right where we are, on Prentice Street along the Minnesota River, which is a must-see area for residents and visitors. We love the river, the dam, the pedestrian bridge, and the pelicans! We also love our downtown business neighbors!
What are your successes/ Challenges?
We take very seriously our mission to help protect our customers against fraud. One such product is FM BANK’s Positive Pay service which matches a company’s issued checks and ACHs against the checks and ACHs that are presented for payment. We also protect our customers against debit card fraud with a fraud alert system that texts our customers when we detect suspicious transactions.
If you would like to be featured here in the “Business of the Month” section of our newsletter, call 320-321-3202 or email [email protected] for more information.