There are many community serving banks in the USA. These banks serve a particular community and the services that they provide are for the benefit of that particular community. Ultima bank was also formed to serve the small farming community based in Winger, Minnesota. The bank was established in the year 1904 and has changed two names. Initially, it was known as Farmers State Bank of Winger and than it became Farmers State Bank of Fosston- Winger. The bank was established with a vision to provide superior products coupled with outstanding services. It has its mission to serve the rural community of the Winger area with the help of modernized services. Among the rural area serving community bankers, Ultima bank is rated on the top in the bank ratings. The bank has been able to keep the traditional banking alive with today’s advanced technology. It provides its services on conventional methods and over the internet as well. For the benefit of the farming community the bank has started providing its exemplary products online. It allows the customers to have their own leisure of banking. It has given a new dimension to the banking in that area. In its esolution banking, the bank allows the consumers to take advantage of different services provided by it such as statement through mail, online balance checking, online deposit making and withdrawals. It also gives the facility to the user to have their bills paid through online.

The bank has seen a lot of ups and downs. Since its inception to the year 1940 the bank had reasonably good time in providing its services as the population of the area was increasing but then started to fall and bank started to feel the pinch as the revenue was not up to the mark. The bank managed to survive in the tough times. In the year 1994 the bank opened another facility in Fosston area and also resolved to turn towards the modernization of the services. Now the bank has its reach to almost everyone in the USA through online banking. In traditional banking from the bank provides different well managed checking and savings accounts. For the students also it provides different accounts to operate and earn some interest. It provides investment services as well to the consumers. Loans are also provided at an affordable rate. The bank also provides certain professional services.

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Other Details:

Website: www.ufbdirect.com

Phone Number: 435-2265 (local) or 1-800-421-2588 (toll-free)

Address: Ultima Bank Minnesota P.O. Box 299 Fosston, MN 56542
Minimum Balance: www.ufbdirect.com

Interest: www.ufbdirect.com

Current Savings Account Rates: www.ufbdirect.com

Current CD Rates: www.ufbdirect.com