Bell State Bank & Trust

When you bank or work with us, you're part of the Bell family

Affiliate Companies

Bell State Bank & Trust offers expanded services and greater options to our customers through our divisions and affiliated companies.

Bell Mortgage

In 2011, Minneapolis-based Bell Mortgage became a division of what was then State Bank & Trust, in a history-making venture for both companies. Bell Mortgage has literally been a part of Minnesota since the state’s infancy. The oldest and largest independent mortgage banking company in Minnesota, it was founded in 1880 by early Minneapolis leader David C. Bell. Since then, Bell Mortgage has added locations throughout the Twin Cities and in Phoenix and has thousands of family mortgages to its name.

In 2012, State Bank & Trust rebranded as Bell State Bank & Trust, taking on the Bell name to give a more unique identity to a known and respected regional brand. Bell State Bank & Trust and its Bell Mortgage division have developed large commercial and mortgage loan volumes in the Twin Cities, an area of anticipated future growth.


HealthcareBank, a division of Bell State Bank & Trust, is one of the nation's top custodial banks for health savings accounts (HSAs). HealthcareBank seamlessly integrates HSAs with banking and investment services, helping third-party benefit administrators provide these services to companies and their employees.

As the custodial bank, HealthcareBank remains a silent partner to benefit administrators, supporting customers' needs and offering appropriate investment strategies.

Discovery Benefits

Discovery Benefits, an affiliate company of Bell State Bank & Trust since 1987, is a national leader in its field. Discovery Benefits works with companies in all 50 states, providing administration and recordkeeping for benefits that businesses want to provide their employees – including cafeteria plans, flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs), transportation benefit plans, and COBRA.

Discovery Benefits’ mission is to simplify employee benefits administration with innovative solutions and extraordinary customer service delivered by an empowered, knowledgeable team.