Dakota Community Bank & Trust

What Dakota Community Bank & Trust does

Dakota Community Bank & Trust, N.A. is a federally chartered, privately held community bank headquartered in Bismarck, North Dakota, founded in 1940. It operates 11 branch locations across North Dakota (Bismarck, Bowman, Dickinson, Glen Ullin, Hebron, Lincoln, Mandan, New Leipzig, Richardton, Taylor) and one in Mobridge, South Dakota, serving retail consumers, small and mid-sized businesses, and farmers/ranchers in rural upper-Midwest markets. Its product suite spans personal and business banking (checking, savings, CDs), agricultural loans, commercial loans, residential mortgages, personal loans, and home equity lines of credit, supplemented by a full-service insurance agency (Farm/Ranch, Life, Commercial, Home, Auto) and wealth management (trusts, investment management, retirement planning).

The bank runs on standard community-bank technology infrastructure, including a retail and business online banking platform, a mobile banking app, a dedicated Dakota Mortgage App for home-loan origination and document upload, digital wallet support, real-time SecureAlerts, and Positive Pay fraud protection for business accounts. It processes these on conventional web/mobile channels without disclosed AI/ML capabilities. Decision-making is described as local at the branch level, a positioning that contrasts with mega-bank and digital-only competitors in rural markets.

Revenue is generated primarily through interest income from the loan portfolio (interest rate spread between deposits and lending products, weighted toward agricultural, commercial, mortgage, and consumer loans), deposit-related fee income, insurance agency commissions, and wealth management professional-service fees. Pricing is not publicly disclosed; rates vary by product, creditworthiness, and market conditions, and customers are directed to branches for specifics. Distribution is hybrid: physical branches anchor relationship-based banking, while digital channels extend 24/7 self-serve access. The bank is led by President Dale Pahlke, with named trust, wealth, mortgage, and marketing personnel across its footprint.

Name

Dakota Community Bank & Trust

Legal name

Dakota Community Bank & Trust, N.A.

Website

https://dakotacommunitybank.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

101–250 employees

Short description

Dakota Community Bank & Trust is a privately held community bank founded in 1940, operating 11 branches across North Dakota and South Dakota to serve retail consumers, small businesses, and agricultural borrowers with deposits, lending, insurance, and wealth management services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Trusts, Estates, and Agency Accounts (52592), Portfolio Management and Investment Advice (523940)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

akta.pro secondary industries

Personal & Family Trust Services (FSAAANAA), Private Credit / Direct Lending (FSAAAHAG), Estate Planning, Trust Structuring & Governance (FSAAADAF)

Keywords

• Community banking services
• Agricultural lending
• Retail deposit products
• Commercial lending solutions
• Wealth management services

Headquarters

HQ city

Bismarck

HQ country

United States

HQ region

North America

Offices11 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: Interest earned on loans including agricultural loans, business loans, home loans, and personal loans. Core banking revenue from interest rate spread between deposits and lending products.
2. Deposit Services: Checking, savings, and CD account services generating fee income and using deposits to fund lending operations.
3. Insurance Products: Insurance products including Farm and Ranch, Life, Commercial, Home, and Auto insurance through agency partnerships.
4. Wealth Management: Trust services, investment management, and retirement planning services including IRAs and 401Ks.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Dakota Community Bank & Trust is a locally-owned community bank providing deposit accounts (checking, savings, CDs), consumer and commercial loans (agricultural, business, mortgage, personal, home equity), insurance products (farm/ranch, life, commercial, home, auto), and wealth management services (trusts, investments, retirement planning) to individuals, businesses, and agricultural operators across North Dakota and South Dakota through 11 branch locations and digital banking channels.

Product overview

Dakota Community Bank & Trust is a community bank offering a unified suite of financial services primarily to individuals and businesses in North Dakota and South Dakota. The core banking products include Business Banking and Personal Banking with CD Rates as a savings product. Lending offerings encompass Ag Loans, Business Loans, Home Loans/Mortgage, Personal Loans, and Home Equity Loans and Lines of Credit. The bank provides a comprehensive digital banking platform featuring Mobile Banking App, Online Banking, Bill Pay, SecureAlerts, Positive Pay, Digital Wallet, and Calculators. Insurance products include Farm and Ranch Insurance, Life Insurance, Commercial Insurance, Home Insurance, and Auto Insurance. Wealth Management services comprise Trusts and Investments. The Dakota Mortgage App provides a dedicated mobile channel for mortgage services. The bank emphasizes community involvement and traditional hometown banking values with modern convenience.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking Banking services for individual consumers including checking accounts, savings accounts, and personal lending products.
• Business Banking Banking services designed for businesses, including business checking, business lending, cash management, and employee benefit services such as Simple IRAs and 401Ks.
• Certificate of Deposit (CD) Rates Certificate of Deposit products offering fixed-term savings with competitive interest rates for personal banking customers.
• Agricultural Loans Agricultural lending products tailored for farmers and ranchers including operating loans, farm equipment financing, and land acquisition financing.
• Business Loans Commercial lending solutions including term loans, lines of credit, and commercial real estate financing for small and mid-size businesses.
• Home Loans / Mortgage Residential mortgage products including purchase loans, refinancing options, and construction loans with dedicated loan officers and local decision-making.
• Personal Loans Unsecured and secured consumer loans for personal use including debt consolidation, major purchases, and other personal financing needs.
• Home Equity Loans and Lines of Credit Revolving credit lines and term loans secured by the borrower's home equity for renovations, debt consolidation, or major expenses.
• Dakota Mortgage App Mobile application enabling customers to communicate with mortgage lenders, upload documents, apply for loans, and track loan status.
• Mobile Banking App Mobile application enabling customers to access their accounts, view balances, transfer funds, pay bills, and manage finances on the go.
• Online Banking Digital banking platform providing account access, fund transfers, bill payment, and account management through web channels for retail and business customers.
• Bill Pay Electronic bill payment service allowing customers to pay bills to merchants, utilities, and individuals through online banking.
• SecureAlerts Account notification service providing real-time alerts for transactions, low balances, and security events via text or email.
• Positive Pay Fraud prevention service for business customers that matches checks and ACH transactions against issued items to detect fraud.
• Digital Wallet Digital payment capability allowing customers to make contactless payments using mobile devices at participating merchants.
• Farm and Ranch Insurance Insurance coverage specifically designed for agricultural operations including farm property, equipment, and liability protection.
• Life Insurance Life insurance products including term, whole, and universal life policies to protect families and business interests.
• Commercial Insurance Business insurance products covering commercial property, liability, workers' compensation, and business interruption.
• Home Insurance Homeowners and renters insurance coverage protecting property and belongings against damage, theft, and liability.
• Auto Insurance Vehicle insurance coverage for personal and commercial automobiles including liability, collision, and comprehensive protection.
• Wealth Management Comprehensive wealth management services including investment management, retirement planning, and financial advisory for individuals and businesses.
• Trusts Trust services including estate planning trusts, special needs trusts, and charitable trusts administered by trust professionals.
• Investments Investment products and services including stocks, bonds, mutual funds, and retirement accounts with financial advisor support.

Quantifiable outcome

• Over 175,000 people attended Bismarck Larks games at Dakota Community Bank & Trust Field in first three seasons

Named customers2 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Bismarck LarkscoreGTM or Marketing Partner · 6 January 2020Naming rights partnership for Dakota Community Bank & Trust Field, home stadium for the Bismarck Larks Northwoods League baseball team. The partnership includes community engagement, jersey auctions raising approximately $10,000 for MSA United Way, and over $42,000 in total donations in 2019. The partnership is described as essential to the Larks' success, with DCB&T being 'a pillar for the Larks to become a staple of family fun, family memories, and family entertainment.'
• PBR (Professional Bull Riders) / Chad Berger Bucking BullscoreGTM or Marketing Partner · 3 June 201919-year sponsorship of the Dakota Community Bank & Trust PBR Bull Riding Challenge held at Bismarck Event Center. Partnership with Chad Berger Bucking Bulls (8-time Stock Contractor of the Year) and professional bull riders. Event features over $200,000 in cash and prizes.
• MSA United WayminorGTM or Marketing PartnerCharitable partnership through joint jersey auctions and community giving programs. Bismarck Larks jersey auction with Dakota Community Bank & Trust raised approximately $10,000 for MSA United Way.
• North Dakota Housing Finance AgencycoreStrategic or Co-development PartnerPartnership to provide affordable homeownership programs including low-cost financing, and down payment and closing cost assistance. Dakota Community Bank & Trust was recognized with Homeownership Awards of Excellence for outstanding delivery of these programs.
• Bismarck Event CenterminorGTM or Marketing PartnerVenue partnership for PBR Bull Riding Challenge events. Event center hosts the annual bull riding championship sponsored by Dakota Community Bank & Trust.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Bell Bank: Fargo-based employee-owned bank with branches across North Dakota and the upper Midwest. Overlaps with DCB&T in ND ag, business, and mortgage lending; significantly larger asset base but still community-focused.
• Gate City Bank: Fargo-headquartered mutual community bank with significant North Dakota branch network. Competes with DCB&T across ND deposit and mortgage markets; larger scale but similar community-bank model and customer base.
• Bremer Bank: St. Paul-based regional bank with branches across Minnesota and western Wisconsin and a presence in the Dakotas. Competes with DCB&T in ag lending and small business banking in overlapping upper-Midwest markets; much larger scale.

Broad incumbents

• Wells Fargo: Major national bank with a long-standing North Dakota branch presence including Bismarck. Competes for ag lending, business banking, mortgage, and wealth customers against DCB&T; broad incumbent competing with community banks on scale and product breadth.
• U.S. Bank: One of the largest U.S. commercial banks with branches across North Dakota including Bismarck. Competes for the same retail, small business, ag, and mortgage customers as DCB&T but with vastly broader product suite and geographic reach.

Direct peers

• Cornerstone Bank: North Dakota community bank offering personal, business, ag, and mortgage lending. Closely comparable size and product mix to DCB&T, competing for similar rural and small-city customers across the state.
• American Bank Center: North Dakota-headquartered community bank with personal, business, ag, and mortgage banking. Comparable in scale and product breadth to DCB&T, operating across similar ND markets.
• Starion Bank: Bismarck-based community bank with branches across central and western North Dakota. Competes directly with DCB&T for ag lending, small business banking, and mortgage customers in overlapping ND geographies.
• Kirkwood Bank & Trust: Bismarck-based community bank and trust company serving central North Dakota. Directly comparable business mix of deposit accounts, ag and commercial loans, and trust services against DCB&T.
• First Western Bank & Trust: Bismarck-headquartered community bank with comparable footprint across North Dakota. Offers consumer, business, ag, mortgage, and wealth services in similar small/medium ND markets — the most direct head-to-head competitor for DCB&T in the Bismarck-Mandan MSA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCSwUW5Ow6Le7c85xpPKjajw
• Facebookfacebook.com/dakotacommunitybank
• LinkedInlinkedin.com/company/dakota-community-bank
• Instagraminstagram.com/dakotacommunity

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Dakota Community Bank & Trust