Partner with a correspondent banker

Partner with us and we will help you enhance your customer relationships. As your bank grows, we’ll help you meet your needs. We offer your bank flexible underwriting, terms and pricing on loans – plus the fast decision-making you need.

As your customers grow, so do their credit demands. By participating part of the relationship, you provide your customers with loan products that grow with their needs. You can enhance your loan yield by retaining a servicing fee and free up bank liquidity by selling a portion of the loan.

Why Bell

Our banking experts will get you clear answers and fast decisions; and as your partner, we will help you build connections. Together, we can make it happen.

Connect with Us

We offer your bank flexible underwriting, terms and pricing on loans – plus the fastest decision-making around. Let's make it happen.

Our correspondent bankers have established partnerships with over 200 banks in Idaho, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming. We can assist banks with:

  • Participation loans  – purchasing and selling of commercial, real estate or agribusiness loans in¬≠volving credit transactions for the purpose of resolving issues with:
    • liquidity
    • legal lending limits
    • concentration risks
  • Bank stock, ownership and personal loans
  • Bank building loans  – for building or remodeling of corporate offices or branches
  • 401(k) plans* – 401(k) plans for banks and holding companies
  • Trust, retirement and asset management* – personal trust and retirement planning (including 401(k) and pension plans), financial planning, estate planning, income planning and investment management for banks and their customers, providing these advantages:
    • Deep product base provided by respected, experi¬≠enced money managers
    • No cross-selling of bank services will occur on our part
    • First-year fees accrued and paid to referring bank

    *401k plans and trust, retirement and asset management products and services are not FDIC insured, have no bank guarantee, may lose value, are not a deposit and are not insured by any federal government agency

Our correspondent banking promise to you

In providing correspondent services, we become the behind-the-scenes partner, helping banks work in a larger relationship without threatening their customer relationship. We will not cross-sell other bank services to your customers.

We’re interested in helping other independent community banks compete against “the big guys.”

Contact one of our correspondent bankers about your request! Call Tom Ishaug at 701-866-4676, Gary Keller at 701-371-3355, Gene Uher 605-201-1864, Tracy Peterson 612-270-3314, Mary Voss 515-577-0070 or Denise Bunbury 608-234-1438

We can give you an indication of our interest quickly, without your loan committee sending us your full request package – that can come later. This makes your job easier and limits the time you need to spend searching for a correspondent bank.

 

Participation Loans

As your customers grow, so do their credit demands. By participating part of the relationship, you provide your customers with loan products that grow with their needs. You can enhance your loan yield by retaining a servicing fee and free up bank liquidity by selling a portion of the loan.

We are actively looking for loan participations! Participation loans give you:

  • Greater flexibility in working with liquidity and lending limits – Purchasing and selling loans involving credit transactions helps you resolve these issues and manage the concentration risks of your loan portfolio in:
    • Commercial and industrial
    • Real estate
    • Agribusiness
  • Additional loan capacity – If you need more loans, we can sell you portions of loans we have originated.
  • Loan terms – You set the terms, we help you do the deal.
  • Confidentiality – All financial information is, of course, confidential. It is not our intent to be a commercial “player” in your market, and we will not pursue your customers for additional business.

Generally, the lead bank retains a service fee but shares origination fees on a pro rata basis.

Contact one of our correspondent bankers about your request! Call Tom Ishaug at 701-866-4676, Gary Keller at 701-371-3355, Gene Uher 605-201-1864, Tracy Peterson 612-270-3314, or Mary Voss 515-577-0070.

Bank Stock & Ownership Loans

We are pleased to provide funding for loans including risk-based capital, acquisitions, refinancing, Sub S restructuring and ESOPs.

We fund bank stock loans for:

  • Risk-based capital
  • Acquisitions
  • Refinancing
  • Sub S restructuring
  • ESOPs

Typically, these types of loans feature:

  • Structure tailored to your needs  – Depending on your needs, we will structure an interest-only period followed by a 10- to 12-year amortization.
  • Security  – These loans are normally secured with the stock of the bank holding company, the bank or its subsidiaries.
  • Valuation  – We will advance up to 50% of the book value of the outstanding stock. Advance rates may be lower on de novo banks, banks with higher risk profiles, or those with higher than average growth rates.
  • Guarantees  – We generally require personal guarantees of all individuals or entities with 20% or more of the outstanding stock.

We also offer business and personal loans to:

  • Bank owners
  • Insiders
  • Directors
  • Managers
  • Officers

These loans may be secured or unsecured, depending on borrower qualifications. We tailor terms and conditions to fit your needs.

Bank building loans

If you are building or remodeling a bank branch or corporate office, or if you need to leverage an existing facility, Bell State Bank & Trust can provide you with commercial real estate financing. Typically, these types of loans feature:

  • Flexible advance rates
  • Flexible amortization
  • Fixed or variable pricing
  • Commercial real estate used as security

Contact one of our correspondent bankers about your request! Call Tom Ishaug at 701-866-4676, Gary Keller at 701-371-3355, Gene Uher 605-201-1864, Tracy Peterson 612-270-3314, or Mary Voss 515-577-0070.




Refer your family and friends

When they open a new personal checking account with us, we’ll give each of you $50.

Dread the shred?

Switch to paperless statements and get $5 per account when you turn off the paper!

House hunting?

Save time by calling us first for fast, free pre-approval or apply online at bellbanks.com Then talk to your real estate agent or builder.