Choice Financial announced last week that they were ranked number one on SNL Financial’s ranking of top-performing community banks of last year with assets between five hundred million and five billion.
Posted on 6/7/14
By Dee Entzi
Choice Financial released this statement earlier last week: “SNL ranked the best-performing community banks across the nation using six core financial performance metrics for the twelve-month period ending December 31, 2013. Based on the criteria, 784 companies were eligible for the ranking and Choice Financial is number one.”
After merging with Great Plain National Bank on April 25 of this year, they have approximately $865 million in assets, 180 employees and 15 banking locations.
President of the Langdon branch, Todd Borchardt, stated, “From my perspective, this is very exciting news for our bank, our customers, and our team members. It demonstrates our commitment to fiscal responsibility, opens the door to opportunity, and really shows that we are a strong, local bank with a great future ahead of us.” Borchardt continued, “Hearing the news made me personally proud to be part of the Choice family. What a great testament to our community-minded culture here, even as we grow and expand. Locations like ours here in Langdon play such a large role in our company’s success. I can’t say enough how fortunate we are to have the great customers and employees that we do.”
Langdon’s Choice Financial would like to thank the community for all the support they’ve received and look forward to their future with Langdon and the surrounding areas.