Branch History & Mission
At First Community, we are proud of our deep-rooted history and commitment to serving the community in Hankinson, ND. Established in 1939, our branch has grown from humble beginnings to a vital financial institution that now supports over 46,000 members with total assets exceeding $1.3 billion. Located at 334 Main Ave S, Hankinson, ND 58041, we are easily accessible to our members and neighbors. Our mission is clear: to provide high-quality financial services while fostering a sense of community and belonging among our members. We believe in empowering individuals and families by offering a range of products that cater to their needs from checking and savings accounts to auto loans and mortgage refinancing. We strive to create an environment where our members feel valued and supported. In the decades since our founding, First Community has evolved significantly. Our dedication to innovation has led us to embrace modern banking solutions such as online and mobile banking, making it easier for our members to manage their finances from anywhere. We also offer convenient ATM access and drive-thru banking services, ensuring that every interaction is efficient and user-friendly. First Community is more than just a financial institution; we actively engage with local organizations through partnerships and outreach programs. Our commitment to community development reflects our belief in giving back. We understand that when our community thrives, so do we. While members can visit us at our branch location, official correspondence should be sent to PO Box 126, Hankinson, ND 58041-0126. For any inquiries or assistance, feel free to reach out at 701-242-7644 during our operating hours Monday through Friday from 9:00 AM to 4:00 PM. As we look towards the future, we invite you to join First Community and experience the difference for yourself. Become part of a cooperative that prioritizes your financial well-being while supporting the rich tapestry of life in Hankinson. Together, let's build a brighter tomorrow!
Financial Strength
At First Community, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial health is robust and growing, ensuring that we can continue to support your needs now and in the future. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $169,061,323, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.57% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $345,644,293 in share certificates and $195,094,804 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $583,388, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $141,996,298 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is evident with $6,018 in used auto loans and $989,505,874 in total loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is reflected in our $2,725,044, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 247 full-time employees and 9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $1,787,553. Total Share and Deposit Accounts: 185,519, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, First Community is your trusted partner. Visit us at 334 Main Ave S Hankinson Nd 58041 or call (701) 242-7644 to learn more about how we can help you achieve your financial goals.
