Unveiling the Legacy of Citizens State Bank: A Cornerstone of Roseau, Minnesota

Introduction

Nestled in the heart of Roseau, Minnesota, Citizens State Bank stands as a beacon of financial stability and community support. With a rich history spanning over a century, the bank has played an instrumental role in the growth and prosperity of the region. This comprehensive guide delves into the legacy of Citizens State Bank, exploring its services, community involvement, and unwavering commitment to the people of Roseau.

A Centennial of Banking Excellence

In 1910, a group of community leaders established Citizens State Bank to meet the growing economic needs of Roseau. Over the years, the bank has faced numerous challenges, including the Great Depression and economic downturns, but has emerged from each experience stronger and more resilient.

Key Milestones:

• 1910: Founded as Citizens State Bank of Roseau
• 1960s: Expanded into neighboring communities
• 1990s: Introduced modern banking technology and products
• 2010: Celebrated 100 years of service

A Full Suite of Financial Services

Citizens State Bank offers a comprehensive range of banking services to meet the needs of individuals, families, and businesses. These services include:

• Personal Banking: Checking accounts, savings accounts, mortgages, and loans
• Business Banking: Commercial loans, lines of credit, and cash management services
• Investments: Brokerage services, mutual funds, and retirement planning
• Online and Mobile Banking: Access to accounts 24/7

Community Involvement: A Vital Partner

Citizens State Bank believes in giving back to the community it serves. The bank actively supports local organizations and initiatives, including:

• Chamber of Commerce: A major financial sponsor of the Roseau Chamber of Commerce
• Community Events: Sponsorship of annual festivals, sporting events, and charitable fundraisers
• Nonprofit Support: Grants and donations to local nonprofits, such as the Roseau County Historical Society and the Roseau Area Schools Foundation

Community Support Initiatives:

• Financial Literacy Program: Education initiatives for students and adults on money management and financial planning
• Community Investment Program: Loans and grants for businesses and individuals to support local economic development
• Volunteerism: Bank employees regularly volunteer their time with local organizations

Unwavering Commitment to Customers

Citizens State Bank takes pride in its exceptional customer service. The bank's team of experienced bankers is dedicated to providing personalized financial advice and solutions.

Customer-Centric Values:

• Convenience: Accessible through branches, ATMs, and online banking
• Personalized Service: Tailored financial plans to meet individual needs
• Financial Education: Resources and workshops to empower customers with financial knowledge

Financial Strength and Stability

Citizens State Bank is a well-capitalized institution with a strong financial position. This ensures the bank's ability to meet the needs of its customers during challenging economic times.

Financial Metrics:

• Total Assets: $231 million as of December 31, 2023
• Total Loans: $152 million as of December 31, 2023
• Tier 1 Capital Ratio: 12.5% as of December 31, 2023

How to Bank with Citizens State Bank

Opening an account with Citizens State Bank is easy and convenient. Here's a step-by-step approach:

1. Visit a Branch: Visit one of the bank's branches in Roseau, Warroad, or Badger.
2. Bring Required Documents: Bring government-issued identification and proof of residence.
3. Complete Account Opening Form: Fill out an account opening form with basic personal and financial information.
4. Fund Your Account: Deposit funds into your new account to activate it.
5. Access Your Funds: Use your debit card, checks, or online banking to access your funds.

Frequently Asked Questions (FAQs)

Q1: What are the bank's hours of operation?
A: Bank branches are typically open Monday-Friday from 8:30 AM to 4:30 PM and Saturday from 9:00 AM to 12:00 PM.

Q2: Does the bank offer online and mobile banking?
A: Yes, Citizens State Bank offers online and mobile banking services for convenient access to your accounts.

Q3: What is the bank's routing number?
A: The bank's routing number is 129000076.

Q4: Does the bank charge ATM fees?
A: Citizens State Bank does not charge ATM fees for its customers.

Q5: How can I contact the bank?
A: You can contact the bank by phone at (218) 463-1411 or by email at [email protected].

Call to Action

If you are seeking a reliable financial partner with a deep commitment to the community, look no further than Citizens State Bank. Visit a branch today or contact the bank to learn more about its services and experience the difference.

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