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Choice Financial recognized as top-performing community bank

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business Fargo, 58102
Fargo North Dakota 101 5th Street North 58102

Choice Financial earned the top place in SNL Financial’s ranking of the top-performing community banks of 2013 with assets between $500 million and $5 billion.

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Choice Financial, with 15 locations across North Dakota and Minnesota, is now 10th in North Dakota in terms of 2013 deposits, based on the FDIC’s Summary of Deposits market share data from June 30, 2013. With an efficiency ratio in line with the median ratio for the top 100 performers, Choice Financial produced strong metrics for profitability, asset quality and growth.

SNL Financial provides breaking news, financial data and expert analysis on business sectors critical to the global economy: banking, insurance, financial services, real estate, energy, media & communications and metals & mining.

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