GATE CITY BANK RECOGNIZED AS A CHAMPION OF AFFORDABLE HOUSING FOR THE ELEVENTH TIME
February 10, 2017
Gate City Bank was honored to be recognized as a Champion of Affordable Housing at the 26th Statewide Housing Conference presented by the North Dakota Housing Finance Agency (NDHFA).
NDHFA’s lender awards are based on promotion of NDHFA’s homeownership programs and participation in locally sponsored affordable housing projects and events. In 2016, Gate City Bank originated 173 loans equaling more than $29 million.
“The Champion awards recognize and celebrate the work of individuals, non-profit organizations, public agencies, and private sector businesses that make exceptional affordable housing contributions in North Dakota.” said Jolene Kline, NDHFA executive director.
“As the number one mortgage lender in North Dakota we are proud to be able to partner with NDHFA to provide affordable housing to our neighbors,” said Kevin J. Hanson, Executive Vice President-Director of Lending at Gate City Bank.
Since 1995, when the NDHFA began recognizing its housing partners with the Champion of Affordable Housing Awards, Gate City Bank has received the award a total of eleven times – in 1995, 1996, 1999, 2001, 2002, 2007, 2009, 2012, 2013, 2015, and 2016.
About Gate City Bank
A $1.9 billion mutual community bank, Gate City Bank has been providing banking services to its customers since 1923. Gate City Bank has 36 convenient banking offices across North Dakota and western Minnesota and employs 609 people. In addition to being the number one mortgage lender in North Dakota with locally approved, financed, and serviced home loans, Gate City Bank was named one of the “50 Best Places to Work” in 2014, 2015 and 2016 by Prairie Business.