Have You Heard of this Merger?

Written by: Brady Drake

On December 7, Border Bank officially merged with Union State Bank, an institution that’s been in Fargo-Moorhead since 1973. The merger will help bring a size to the organization that will allow the company to offer expanded business services and expanded borrowing capacities.

However, don’t expect the level of service to change at your trusted community bank. Border’s local business bankers; Kory Shae, Jordan Cook and Lori
DeKeyser, still bring an extra level of personal service to the table when you work with them.

Kory Shae

“With this merger, Union State customers will experience the same exceptional service with greater access to capital.” Kory Shae, Business Development Director

David Felch

“I think the relationships you build with your business customers are extremely important. We want them to use us as a sounding board and a person who can challenge their ideas, but also be there to encourage and help them succeed.” David Felch, Border Bank CEO

“One of the things our business bankers do really well is develop that friendship with their clients so they can feel confident in calling almost 24/7,” said Border Bank CEO David Felch. “Our business bankers are very good at having a customer call and say, ‘You know what, I’m looking at another business opportunity, what do you think about this?’ Our business bankers work to almost become business partners without becoming business partners. We want our business bankers to have that relationship with customers so they don’t feel like they’re burdening us if they call after 5 p.m.”

Felch has been a part of numerous mergers and acquisitions and feels confident this is one of the smoother ones he has ever undergone “I feel very good about this, we’ve been through a couple of other mergers prior to this. The success of the merger really comes down to the staff and the staff retention. There are great employees at Union that are going to fit very well into the organization. In fact, there’s going to be organizational changes that will be very positive for some of the employees as potential next career steps,” said Felch. “The beauty of mergers and acquisitions is the expertise that’s brought to the table. Our business bankers have a pretty good finger on the pulse of what’s going on. They develop valuable relationships. Hopefully, we can show customers we have the expertise and we have the support behind what they’re doing.”

Border Bank Locations

202 Main Street N | PO Box 69
Badger, MN 56714

605 Main Street | PO Box 1089
Baudette, MN 56623

123 Main Street S
Clearbrook, MN 56634

Coon Rapids
9950 Foley Boulevard NW
Coon Rapids, MN 55433

133 Main Street | PO Box 280
Greenbush, MN 56726

International Falls
1414 Highway 71
International Falls, MN 56649

Middle River
150 Hill Avenue | PO Box 50
Middle River, MN 56737

1083 Third Street NW | PO Box 40
Roseau, MN 56751

Thief River Falls
1528 Highway 59 S | PO Box 599
Thief River Falls, MN 56701

4530 17th Avenue South
Fargo, ND 58103

Fargo Loan Production Office (LPO)
4660 Amber Valley Parkway S
Fargo, ND 58104

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Brady is the Editorial Director at Spotlight Media in Fargo, ND.