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Gate City Bank to open full service office in Alexandria

Gate City Bank will open a full service location in Alexandria at 1630 Broadway Street early next year.

Construction on the new building for the Gate City Bank office will begin in August, and is expected to be completed in March of 2009.

The new Gate City Bank office will bring at least eight new jobs to the Alexandria community. Gate City Bank plans to hire a complete staff to provide a full range of checking, savings, and loan products for personal and business banking needs.

Employment information and job applications will be available on Gate City Bank's Web site,, and with Minnesota Job Service.

The 3,300-square-foot building will feature an inviting lobby complete with freshly baked cookies. The lobby will feature teller stations as well as offices to provide privacy during new account openings and meetings with lending staff. The building will also feature three convenient drive-up lanes, and a drive-up ATM lane.

Steve Swiontek, Gate City Bank chairman, president and CEO, said, "Gate City Bank has been serving communities in Minnesota and North Dakota for 85 years, and we have experienced tremendous growth throughout the decades. We are committed to using our growth to give back to communities throughout the region. The city of Alexandria has a strong economy and is a vibrant, growing community that has an exciting future ahead. Gate City Bank is dedicated to being a part of that future by providing new employment and economic development opportunities."

"As a sound and stable mutual bank, Gate City Bank has the flexibility to be involved in many areas of the communities that we serve," said Lance Wolf, Gate City Bank executive vice president and director of retail banking. "In 2007, Gate City employees volunteered over 15,000 hours of their time and talent to non-profit organizations. Their efforts, combined with our Communities and Neighbors charitable giving program, provided a value of more than $1,015,000 to organizations in the communities that Gate City Bank serves."

Gate City Bank offers a full range of personal and business banking products and services. All Gate City Bank checking account customers can enjoy using any ATM for free - all fees are automatically refunded without the need for customers to bring their receipts into the bank.

In addition, Gate City Bank mortgage loans are locally approved, locally financed and locally serviced for the entire life of the loan. Customers can make loan payments and ask questions about their mortgage at any Gate City Bank location.

Gate City Bank also offers online banking options through its Virtual Office, including free online banking and free online bill pay for all checking customers. Free online statements are available to customers for seven years, eliminating the need for customers to store paper copies of their statements.

A $991 million mutual community bank, Gate City Bank has been providing banking services since 1923. With the addition of the Alexandria office, Gate City Bank has 29 convenient locations across North Dakota and in western Minnesota and employs more than 360 people.