Banknorth is a bank based in Arthur, North Dakota, established in 1905, with $669 million in total assets across 11 branches. By Trust Grade it ranks 13th of 60 banks we track in North Dakota. Its capital ratio of 11.4% is stronger than 67% of similarly sized banks, versus a North Dakota median of 9.5%. It was profitable over the most recent period, with a 1.74% return on assets. No consumer complaints against Banknorth appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Banknorth compares to North Dakota peers
How we graded Banknorth
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.4% capital ratio)
- Strongly profitable (ROA 1.74%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Banknorth over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (11)
- Main Street, Buffalo, ND 58011
- 620 Main Ave, Oakes, ND 58474
- 41 Langer Ave S, Casselton, ND 58012
- 2201 6th Ave Se, Aberdeen, SD 57401
- 1 Main Street, Warner, SD 57479
- 1002 Main St, Lisbon, ND 58054
- 324 Railway St, Enderlin, ND 58027
- 340 Main St, Arthur, ND 58006
- 204 4th Main Avenue, Marion, ND 58466
- 501 Dakota Ave, Harwood, ND 58042
- 100 1st Ave Sw, Lamoure, ND 58458
Are deposits at Banknorth insured?
Yes. Banknorth is an FDIC-insured bank (FDIC certificate #8387). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Banknorth: frequently asked questions
Is Banknorth a good bank?
Banknorth earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.4% capital ratio); Strongly profitable (ROA 1.74%).
Is Banknorth FDIC-insured?
Yes. Banknorth is a FDIC-insured bank (FDIC certificate #8387). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Banknorth?
Banknorth holds $669 million in total assets, ranking 13th of 60 banks we track in North Dakota. It operates 11 branches.
Does Banknorth have CFPB complaints?
No CFPB complaints against Banknorth appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
