Financial Security Bank
- Company typePrivate
- Founded1906
- HeadquartersKerkhoven, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Financial Security Bank firmographics
Firmographics- Name
- Financial Security Bank
- Legal name
- Bravera Bank
- Website
- https://financialsecuritybank.com
- Company type
- Private
- Founded year
- 1906
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Financial Security Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- Savings Institution, Federally Chartered (6035), National Commercial Banks (6021)
- akta.pro primary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
- akta.pro secondary industry
- Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)
Keywords
Where Financial Security Bank is headquartered
LocationHeadquarters
- HQ city
- Kerkhoven
- HQ country
- United States
- HQ region
- North America
Offices27 records
Markets served
Financial Security Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loans including personal loans, mortgages, business loans, and agricultural loans. Interest rate spreads between deposits and lending products form the core revenue stream.
- Deposit Products: Revenue from checking, savings, and money market accounts. Fee income from account maintenance, overdrafts, and ATM usage.
- Insurance Products: Commission revenue from insurance products offered through Bravera Insurance including personal, business, group benefits, and farm & ranch insurance.
- Wealth Management: Fees and commissions from trust services, retirement planning, estate planning, and investment advisory services through Bravera Wealth.
- Card Processing: Transaction fees from credit card and debit card processing services, including business payment solutions like Clover Flex.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Personal Checking Accounts |
| Other | Annual | Account Opening Promotion |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Financial Security Bank product offering
Product offeringCore offering
Financial Security Bank (operating as Bravera Bank) is a community bank providing personal, business, and agricultural banking products including checking and savings accounts, loans, mortgages, and credit cards, supplemented by insurance products and wealth management services through affiliated Bravera Insurance and Bravera Wealth divisions. The bank operates 37 branches across 27 communities in North Dakota, Montana, and Minnesota, delivering relationship-focused banking with integrated digital capabilities.
Product overview
Bravera is a comprehensive financial services organization comprising three distinct divisions under Bravera Holdings Corp.: Bravera Bank (core banking), Bravera Insurance, and Bravera Wealth. The company operates 37 locations across North Dakota, Montana, and Minnesota, serving personal, business, agricultural, and high-net-worth customers. Bravera Bank offers personal and business checking/savings, various loan products including mortgages, credit cards, and digital banking services (online/mobile banking, card management, contactless payments, Zelle). The bank also provides specialized merchant payment solutions through Clover Flex card readers. Bravera Insurance covers personal, business, group benefits, and farm/ranch insurance. Bravera Wealth delivers trust administration, mineral management, retirement planning, estate planning, and investment services. The organization traces its roots to 1906.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts Checking account products for individual consumers with various fee structures and benefits, including special 55+ accounts with enhanced perks.
- Personal Savings Accounts Savings account products for individual consumers to deposit funds and earn interest.
- Personal Loans Loan products designed for individual borrowers' personal financing needs.
- Mortgages Home mortgage loan products for individual consumers purchasing residential property.
- Personal Credit Cards Credit card products for individual consumer spending and credit access.
- Private Banking Banking services for high-net-worth individuals offering personalized financial solutions.
- Business Checking Checking account products for small and medium-sized business customers with cash management features.
- Business Savings Savings account products designed for small and medium-sized businesses.
- Business Loans Commercial lending products for small and medium-sized businesses including working capital and equipment financing.
- Business Credit Cards Credit card products for business customers to manage operational expenses.
- Agricultural Checking & Savings Specialized checking and savings account products for farmers, ranchers, and agribusinesses.
- Agricultural Loans Specialized lending products for farmers and ranchers including operating capital, equipment, and land financing.
- Agribusiness Services Specialized financial services tailored for agricultural operations and agribusinesses.
- Online & Mobile Banking Digital banking platform enabling customers to access accounts, manage finances, pay bills, and conduct transactions via web and mobile applications.
- Bravera Insurance Insurance services division offering personal, business, group benefits, and farm & ranch insurance products through Bravera Insurance.
- Trust & Mineral Management Trust administration and mineral management services for individuals with trust assets or mineral rights through Bravera Wealth.
- Retirement Planning Comprehensive retirement planning services including employer-sponsored retirement plans and individual retirement accounts offered through Bravera Wealth.
- Estate Planning Estate planning services to help individuals prepare for asset distribution and legacy planning offered through Bravera Wealth.
- Planning + Investing (Equipt) Investment planning platform and portfolio management services for clients offered through Bravera Wealth via the Equipt platform.
Companies that use Financial Security Bank
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Financial Security Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Financial Security Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Clover (Fiserv)coreIntegration of Clover Flex payment processing system enabling business customers to accept card payments. The Clover Flex device is offered as a payment solution for merchants seeking modern point-of-sale capabilities.
- Early Warning Services (Zelle)coreIntegration of Zelle peer-to-peer payment service allowing customers to send and receive money directly between bank accounts in minutes. Enables real-time payment transfers for retail and business customers.
Scale indicators3 records
Recent moves1 record
Expansion highlights5 records
Financial Security Bank competitors and assessment
Company assessmentDirect peers
- Bell Bank: Fargo, North Dakota-based privately held community bank with comparable multi-state Upper Midwest footprint, full-service banking, and a long operating history. Closely comparable in scale, regional focus, and integrated product offering.
- Starion Bank: North Dakota-headquartered community bank serving North Dakota and South Dakota with personal, business, and ag banking. Similar regional focus and customer segments to Bravera, including agricultural lending emphasis.
- Gate City Bank: North Dakota-based mutual community bank with multi-state presence offering banking, mortgage, and wealth services. Direct peer on community bank model with comparable integrated offerings in the same core geography.
- First International Bank & Trust: Privately held community bank headquartered in North Dakota with operations across the Upper Midwest. Comparable in agricultural lending specialization and full-service personal/business banking model.
- Cornerstone Bank: Upper Midwest community bank offering personal, business, and ag banking across small-town markets. Comparable in branch-based relationship model and emphasis on agricultural lending in similar geography.
Broad incumbents
- Glacier Bancorp: Public community banking holding company operating multiple community bank divisions across the Mountain West and Upper Midwest. Larger and broader incumbent, but directly comparable in community bank business model and regional customer segments.
- Heartland Financial USA (HTLF): Public multi-state community bank holding company with operations across the Midwest and West. Comparable in its diversified community banking model, though considerably larger and more geographically dispersed than Bravera.
- Bremer Financial: Privately held Upper Midwest regional bank offering banking, wealth, and insurance across Minnesota, North Dakota, and Wisconsin. Highly comparable in private, community-rooted, integrated financial services model and regional footprint.
- U.S. Bancorp: National super-regional bank with significant Upper Midwest presence and a full suite of banking, wealth, and payment services. Represents the larger competitive incumbent against which Bravera's integrated offering is positioned.
- First Interstate BancSystem: Large multi-state community bank holding company operating across the Western and Midwestern U.S. Provides a useful benchmark for the next-stage scaled version of a regional community bank platform like Bravera.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Financial Security Bank social profiles
Digital presenceFinancial Security Bank compliance and trust
Trust signalCompliance2 records
Financial Security Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Financial Security Bank leadership team
Management profileNumber of profiles
Profiles1 record
Financial Security Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Financial Security Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Financial Security Bank
What does Financial Security Bank do?
Financial Security Bank (operating as Bravera Bank) is a community bank providing personal, business, and agricultural banking products including checking and savings accounts, loans, mortgages, and credit cards, supplemented by insurance products and wealth management services through affiliated Bravera Insurance and Bravera Wealth divisions. The bank operates 37 branches across 27 communities in North Dakota, Montana, and Minnesota, delivering relationship-focused banking with integrated digital capabilities.
Is Financial Security Bank a public or private company?
Financial Security Bank is a private company. It is classified as corporate owned and is currently operating.
When was Financial Security Bank founded?
Financial Security Bank was founded in 1906. It employs 11 to 50 people.
Where is Financial Security Bank based?
Financial Security Bank is headquartered in Kerkhoven, United States, in the North America region.
How does Financial Security Bank make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are deposit Products, insurance Products, wealth Management and card Processing.
Who are Financial Security Bank's main competitors?
Direct peers on record are Bell Bank, Starion Bank, Gate City Bank, First International Bank & Trust and Cornerstone Bank. Broad incumbents are Glacier Bancorp, Heartland Financial USA (HTLF), Bremer Financial, U.S. Bancorp and First Interstate BancSystem.
Does Financial Security Bank have an API?
No public API is recorded for Financial Security Bank.
What industry is Financial Security Bank in?
Financial Security Bank's product category is Community Banking. Its primary akta.pro industry code is FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs), with a secondary code of FSABADAE, Private Banking Lending (Securities-Backed, Real Estate, Structured Credit). Its NAICS code is 52211 and its SIC code is 6035.