United Valley Bank
United Valley Bank
103 West 3rd Street
Argyle, MN 56713
Phone: (218) 437-6631
Toll Free: (866) 437-6632
About United Valley Bank
The Beginning...
United Valley Bank was founded in 1905 in Cavalier, North Dakota, 29 years after the town was established.
The original name was Merchants and Farmers Bank of Cavalier.
Pembina County Judge Robert McBride was the organizer and first president of the bank.
Growth!
Through the years the Bank became a national bank, then later purchased by First Bank System and returned to its state charter in 1937.
In 1974 the Bank was renamed First State Bank of Cavalier.
The year 1987 brought the Bank back to local ownership when the local Board of Directors purchased it from First Bank System.
Under the leadership of the current Board of Directors, the Bank maintains strong local decision making for the benefit of the whole community.
Today
In 1998, the Bank opened its Columbia Road branch in Grand Forks, North Dakota. The name was changed to United Valley Bank. A downtown Grand Forks branch was opened in 2003. Under its current ownership the Bank continues to operate close to the people it serves!
Argyle: The History
United Valley Bank – Argyle was purchased by the holding company that owns United Valley Bank – Cavalier/Grand Forks in May of 2004. Before that, it had its own rich history as Argyle State Bank.
The Beginning
Argyle State Bank was opened June 1, 1936 by A.W. (Arvid) Carlson and A.L (Tony) Carlson. Argyle businessmen and area farmers worked with the Carlsons to establish Argyle’s new bank. The first Board of Directors consisted of Arvid Carlson, A.L. Carlson, C.G. Moline, E.I Amundgaard and Joe Coninx. Arvid Carlson was the first president of the bank.
Growth
Argyle State Bank continued to grow and serve the Argyle community under the ownership of the Carlson family, until it was sold to United Valley Bank. Under the leadership of the current Board of Directors, the Bank maintains strong local decision making for the benefit of the whole community.
Today
Along with United Valley Bank’s Cavalier and Grand Forks location, United Valley Bank – Argyle continues to operate close to the people it serves.
Copyright © 2008 United Valley Bank
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