“The State Bank of Norway” was chartered on June 12, 1901, when the city was a booming mining town. Two years later, the bank's state charter was converted and its name was changed to First National Bank of Norway. Now, more then one hundred years later, mining has given way to logging and paper milling as the biggest industries, and we are experiencing steady growth, having recently opened our third branch office.
As the twentieth century drew to a close, we found several exciting events occurring. In 1993, we built a new 9,000-square-foot main office at 501 West U.S. Hwy 2, on the city of Norway’s west side. Four years later, we opened a full service grocery-store branch office in the downtown area at Ebeling's Supermarket, 531 Main Street.
“Branching out” has expanded our service area, and our second century of business began with the same enthusiasm as the first. In the fall of 2001, we made our introduction into Iron Mountain with our second branch at 1917 N. Stephenson Avenue. This location also houses a qualified and experienced financial advisor.
With the launch of online banking in 2003 and our newest branch in Carney Michigan, which opened in late December of 2007, we continue to expand the availability of our quality products and superior customer service. Since 1901, when the doors of the First National Bank of Norway opened, the board of directors and employees have taken immense pride in being known as THE hometown, independent, community bank. “Being able to make decisions locally and in a timely manner, coupled with a dedicated, experienced, and caring staff has played a significant part in the Bank’s growth,” said Tim Mattson, who is only the seventh president in the Bank’s history.