The bank began in 1889 by Christopher Borgerding as the Bank of Belgrade. In 1905, the bank's name was changed to its current name, North American State Bank.
North American State Bank of Elrosa began as the Elrosa State Bank. Elrosa State Bank and North American State Bank merged on May 1, 1994, where David Bauer continued the family banking tradition as senior vice president until his retirement in 2010.
North American State Bank opened a third office in Willmar in September of 2003. This temporary office was opened in an effort to better serve existing customers, and to expand growth in the Willmar area. Land was also purchased at the intersection of First Street and 28th Avenue where the current facility at 2800 South First Street now stands. Built as a Financial Center, North American opened the doors to their permanent location on December 1, 2006.
Belgrade Office
321 Washburn Avenue
PO Box 189
Belgrade, MN 56312
Phone: 320-254-8271
Toll Free: 888-254-8271
Fax: 320-254-8274
Elrosa Office
201 Main Street
PO Box 94
Elrosa, MN 56325
Phone: 320-697-5533
Toll Free: 888-697-5533
Fax: 320-697-5535
Willmar Office
2800 South First Street
North American Financial Center
Willmar, MN 56201
Phone: 320-235-7000
Toll Free: 888-235-7035
Fax: 320-235-3105
