Bravera Bank

What Bravera Bank does

Bravera Bank is an FDIC-insured, North Dakota-chartered community bank and subsidiary of Bravera Holdings Corp., a multibank holding company that also owns Bravera Insurance and Bravera Wealth. Operating 37 full-service branch locations across 27 communities in North Dakota, Montana, and Minnesota, the bank serves personal consumers, small-to-mid-size businesses, agricultural producers, government/public-sector entities, high-net-worth wealth clients, and insurance customers. The company traces its roots to 1906 (most recently operating as American Bank Center before rebranding to Bravera Bank in July 2024) and has grown through both organic expansion and acquisitions, including Financial Security Bank (completed 2024) and VISIONBank (announced 2025).

The product platform spans personal and business checking and savings, consumer and commercial loans, mortgages, agricultural lending, and three Visa credit-card tiers (Signature, Platinum+Rewards, Platinum). On the technology side, Bravera layers a digital banking platform (web and mobile, Zelle P2P, a Digital Switch Kit for account migration, contactless card management) on top of standard core-bank plumbing. Merchant processing is delivered through Clover POS devices (Flex, Go, Mini, Station, Station Pro), the iQ Pro Virtual Terminal, and the FD150 countertop terminal, with treasury services routed through Jack Henry. Wealth management operates via trust administration, mineral (oil/gas royalty) management, retirement planning, estate planning, and the Equipt planning-and-investing platform; the wealth subsidiary manages over $2.4 billion in assets.

Revenue is generated through traditional banking economics: net interest income from consumer, mortgage, commercial, and agricultural lending; deposit account fees and overdraft/ATM charges; interchange from in-house Visa card programs; transaction fees from Clover, iQ Pro, and FD150 merchant processing; advisory fees from Bravera Wealth; and commissions from Bravera Insurance (personal, commercial, group benefits, farm & ranch). Distribution combines a 37-branch physical footprint with self-serve digital channels (online account opening, mortgage and loan applications, mobile banking), referral programs, community partnerships, and earned-media/local-PR activity. Customer-acquisition motion is relationship-led, leveraging community involvement (> $1.6M invested locally in 2025), school district and university sponsorships, and recognition as a Top-3 USDA rural lending partner and #3 ICBA Top-10 agriculture lender.

Name

Bravera Bank

Legal name

Bravera Bank

Website

https://bravera.bank

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

251–500 employees

Short description

Bravera Bank is an FDIC-insured community bank (subsidiary of Bravera Holdings Corp.) operating 37 branches across North Dakota, Montana, and Minnesota, offering personal, business, and agricultural banking, merchant processing, wealth management, and insurance to consumers, SMBs, and ag producers.

Ownership category

akta.pro rank

Product category

Community Banking

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Community banking services
• Agricultural lending
• Wealth management solutions
• Merchant card processing
• Business lending services

Headquarters

HQ city

Dickinson

HQ country

United States

HQ region

North America

Offices27 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Traditional lending operations generating interest income from personal loans, mortgages, business loans, agricultural loans, and credit cards
2. Deposit Account Fees: Service charges, maintenance fees, overdraft fees, and ATM fees from personal and business checking/savings accounts
3. Wealth Management: Advisory fees and commissions from trust administration, retirement planning, estate planning, and investment management services. Bravera Wealth manages over $2.4 billion in assets.
4. Insurance Products: Commissions from personal, business, group benefits, and farm/ranch insurance products offered through Bravera Insurance
5. Merchant Processing: Transaction fees and processing revenue from merchant card services including Clover POS devices, virtual terminals, and FD150 terminals
6. Credit Card Interchange: Interchange fees from Visa Signature, Visa Platinum + Rewards, and Visa Platinum credit card programs

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

Bravera Bank is a community bank operating through 37 branches across North Dakota, Montana, and Minnesota, offering personal and business checking and savings accounts, personal and commercial loans, mortgages, agricultural lending, credit cards (Visa Signature, Visa Platinum + Rewards, Visa Platinum), merchant card processing via Clover POS devices and iQ Pro virtual terminal, wealth management services through Bravera Wealth (managing over $2.4 billion in assets), and insurance products through Bravera Insurance covering personal, business, group benefits, and farm/ranch lines.

Product overview

Bravera Bank is a multi-bank holding company (Bravera Holdings Corp.) offering a comprehensive suite of financial services through three divisions: Bravera Bank (banking), Bravera Insurance, and Bravera Wealth. The core banking platform is organized into Personal Banking (checking, savings, loans, mortgages, credit cards), Business Banking (commercial checking, loans, digital banking, payables, receivables, fraud prevention), and Ag Banking (agricultural checking, savings, loans, agribusiness services). Supporting the banking core are digital services including Online and Mobile Banking, a Digital Switch Kit for account migration, and Merchant Card Processing via Clover POS devices (Flex, Go, Mini, Station, Station Pro), iQ Pro Virtual Terminal, and FD150 Terminal. Credit card products include Visa Signature, Visa Platinum + Rewards, and Visa Platinum. Wealth management encompasses trust and mineral administration, retirement planning, estate planning, and the Planning + Investing (Equipt) platform managing over $2.4 billion in assets. Insurance products span personal, business, group benefits, and farm and ranch coverage. Specialized offerings include Private Banking for high-net-worth clients, 55+ Rewards Checking, and Community Rewards Checking.

Differentiator

Problem solved

Functional benefit

Brands

• Bravera: Parent brand for the multi-bank holding company offering banking, insurance, and wealth management services across North Dakota, Montana, and Minnesota.

Products and services

• Personal Banking Personal banking product line for individual consumers encompassing checking accounts, savings accounts, personal loans, mortgages, and personal credit cards. Includes digital banking, card management, contactless payments, and Zelle P2P payments. Targeted at retail customers across North Dakota, Montana, and Minnesota.
• Business Banking Business banking product line for commercial customers including business checking, savings, loans, business credit cards, digital business banking, payables, receivables, and fraud prevention services. Tailored for small to mid-size businesses and commercial clients.
• Ag Banking Agricultural banking product line for farmers, ranchers, and agribusinesses with specialized checking, savings, loans, credit cards, agribusiness services, digital banking, payables, receivables, and fraud prevention. Includes USDA-guaranteed rural home lending recognized as a top 3 USDA partner for three consecutive years.
• Bravera Wealth Wealth management services including trust and mineral administration, retirement planning, estate planning, and Planning + Investing via the Equipt platform. The division manages over $2.4 billion in assets and is led by President and CEO Kathy Torske.
• Bravera Insurance Insurance products and services covering personal insurance, business/commercial insurance, group benefits, and farm and ranch insurance. Earned the 2025 Best Practices Agency designation from the Big I and Reagan Consulting.
• Private Banking Private banking services for high-net-worth individuals seeking personalized banking relationships and customized financial solutions, integrated with Bravera Wealth offerings.
• Clover Flex A compact all-in-one card reader and app supporting Wi-Fi and LTE connectivity, accepting magstripe, chip, and contactless payments including Apple Pay, Samsung Pay, and Google Pay. Up to 8 hours of battery life. Sold to Bravera business banking merchants.
• Clover Go A compact Bluetooth card reader that pairs with iOS or Android devices for accepting contactless, EMV chip, and swipe transactions on the go. Includes paperless receipts and tokenization security.
• Clover Mini A compact all-in-one mini POS system with a 7-inch touchscreen, built-in receipt printer, Wi-Fi and ethernet connectivity, and offline payment mode for small businesses.
• Clover Station A full point-of-sale system with a 14-inch HD touchscreen, cash drawer, receipt printer, fingerprint login, camera/barcode scanner, and multi-layered security. Supports Wi-Fi and ethernet.
• Clover Station Pro A premium POS hub with a 14-inch HD merchant display and a 7-inch customer-facing touchscreen for viewing transactions, signing, and redeeming rewards. Features faster CPU and more RAM than Clover Station.
• iQ Pro Virtual Terminal A virtual terminal designed for B2B transactions and card-not-present environments. Features EMV compatibility, PCI compliance, secure vault, Level II/III rate qualification, recurring payments, invoice creation, shopping cart integration, and an API for external POS integration.
• FD150 Terminal A countertop card terminal with Ethernet/dial-up/WiFi connectivity, color touchscreen, and contactless payment support including Apple Pay, Samsung Pay, and Google Pay.
• Visa Signature Card A rewards credit card earning 1.5% cash back on purchases. Includes Visa Signature benefits such as concierge service, travel accident insurance, road dispatch, luxury hotel privileges, rental car discounts, and 24/7 support. $50 annual fee.
• Visa Platinum + Rewards Card A points-based rewards credit card earning 1 point per dollar on qualifying purchases, redeemable for gift cards and travel rewards. 13.92% APR for purchases and balance transfers. $20 annual fee.
• Visa Platinum Card A no-annual-fee credit card with competitive rates for purchases and balance transfers. Local servicing and no fees for balance transfers, cash advances, or over-the-limit transactions.
• 55+ Rewards Checking A checking account designed for customers 55 and older, offering five free ATM transactions per month, Tier 2 ID Theft Smart protection, 1.26% APY with $100 minimum daily balance, and a free insurance quote from Bravera Insurance.
• Community Rewards Checking A rewards checking account that earns 3.04% APY on balances up to $10,000 and 0.05% above that threshold, with cash back rewards of $0.10 per debit card transaction (minimum 10 transactions per cycle). Requires eStatements.
• Group Benefits Employee benefits services offered through Bravera Insurance, including health, dental, vision, life and accidental death, short- and long-term disability, critical illness and cancer, hospital indemnity, and accident coverage.
• Trust and Mineral Administration Wealth management services providing trust administration and mineral (oil/gas royalty) management, accessible via the Infovisa portal for existing trust clients.
• Digital Switch Kit A free digital tool (Deposit Switch and Bill Switch) that helps new customers migrate direct deposits and recurring bill payments from their old bank to Bravera, accessible within online and mobile banking.

Quantifiable outcome

• Top 3 USDA Rural Lending Partner in North Dakota for 3 consecutive years
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• VISIONBankcoreStrategic or Co-development Partner · 3 October 2025Bravera Holdings Corp. acquired VISIONBank, adding 3 branches in Fargo and West Fargo, North Dakota. This merger expanded Bravera's footprint into the Fargo market, marking significant geographic expansion.
• Federal Home Loan Bank of Des Moines (FHLB Des Moines)minorStrategic or Co-development Partner · 1 January 2025Community partnership program allowing Bravera to contribute nearly $110,000 to local nonprofits through FHLB Des Moines grants.
• Des Lacs-Burlington High SchoolminorStrategic or Co-development Partner · 1 January 2025Banking partnership since 1994 supporting school district financial operations, projects including football field lighting, and student scholarships.
• Minot State UniversityminorStrategic or Co-development Partner · 1 January 2025Annual partnership providing approximately $2 million in student support through university Development Foundation. Bravera plays significant role in scholarship funding.
• USDA Rural DevelopmentcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership for USDA Single Family Housing Guaranteed Loan Program, enabling rural homeownership. Recognized as top 3 lending partner for 3 consecutive years.
• Homegrown DentalminorStrategic or Co-development Partner · 1 January 2024Financial partner supporting local dental practice expansion in Great Falls, Montana. Partnership example demonstrating Bravera's commitment to local business growth.

Scale indicators16 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• First Interstate BancSystem: Montana-headquartered community bank with branches across the Western/Midwestern US. Comparable as a multi-state community bank with similar ag and SMB lending focus, operating in overlapping Montana markets.
• Glacier Bancorp: Montana-based community bank holding company with branches across the Western US. Highly comparable regional community bank with overlapping Montana footprint and similar ag, business, and consumer banking mix.
• Stockman Financial Corporation: Montana-based community bank serving agricultural, commercial, and consumer customers. Comparable in regional community banking model with strong ag lending focus in the Northern Plains.
• Bell Bank: Employee-owned North Dakota community bank with full banking, mortgage, and wealth services. Closely comparable in ownership model (employee-owned), ND headquarters, and multi-product community banking strategy.
• Starion Bank: North Dakota-based community bank offering personal, business, and ag banking across the state. Comparable as a North Dakota community bank with similar SMB and agricultural lending focus.
• Bremer Financial Corporation: Minnesota-headquartered community bank with ag, business, and wealth services. Comparable as a multi-product Upper Midwest community bank with overlapping Minnesota market and ag specialization.
• Cornerstone Bank (North Dakota): North Dakota community bank with similar ag and commercial lending focus. Comparable as a sub-scale ND community bank competing in many of the same rural markets as Bravera.

Broad incumbents

• U.S. Bancorp: Large national commercial bank with significant presence across ND, MN, and MT. Comparable as a competitor for deposits, ag lending, and SMB banking in the same upper Midwest footprint.
• Wells Fargo: National commercial bank with branches in Bravera's urban markets (Bismarck, Fargo, Billings). Comparable as a broader incumbent competing for consumer, business, and wealth customers in shared geographies.

Emerging players

• North Star Resource Group: Minneapolis-based wealth management and advisory firm. Comparable as a regional wealth-advisory peer competing with Bravera Wealth for HNW clients in the upper Midwest.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/braverabank
• YouTubeyoutube.com/braverabank
• Facebookfacebook.com/braverabank
• LinkedInlinkedin.com/company/braverabank
• Instagraminstagram.com/braverabank
• TikToktiktok.com/@braverabank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bravera Bank