Partnering with our customers to achieve their financial goals is our focus at American State Bank & Trust Company.
This is “Banking, the American State Way.”
It is banking
This approach to the banking business benefits our customers, community, shareholders and employees and has done so since 1906.
As Williston’s only locally owned community bank, we understand that “Banking, the American State Way” is all about emphasizing quality customer service and striving to exceed our customer’s expectations.
In recent times, the economy of our market area has experienced a slowdown as a result of the significant drop in the price of oil.
Despite this slowing, our current local economy continues to be strong when compared to its status just before the start of the area’s most recent oil boom.
There have been thousands of wells drilled in the past several years which remain productive and require ongoing maintenance. Moreover, Williston remains at the epicenter of one of the biggest and best oil and gas producing formations in the world and is poised to ramp up exploration activities in response to an appreciable increase in the price of oil.
Of course, while it is likely that we will experience periodic acceleration/deceleration in the oil economy in the future, the tried and true long-term performance of the agriculture sector continues to provide invaluable support to our economy.
One of the main focuses of our bank is to be positioned to meet all the lending needs of our area. Our lending function is well diversified with significant outstanding loans in its agricultural, commercial, real estate and consumer portfolios. Our loan customers range from individual consumers, farmers, ranchers, small business owners, home buyers/owners, oil industry service companies, to real estate developers. Overall, loan demand continues to be strong in our trade area.
With our continuing focus on partnering with our customers and the community as a whole, American State Bank & Trust Company is proud to be supporting this endeavor through all facets of our business. We continue to focus on delivering exceptional customer service with expanded product offerings to meet the challenges of the changing landscape of our market.
American State Bank and Trust Company’s commitment to our community remains an integral component of our foundation.
This is demonstrated through the monetary support it provides to our community as well as the thousands of volunteer service hours our employees donate to local civic and charitable organizations. Indeed, many of our employees hold key leadership positions in those organizations.
American State Bank & Trust Company continues to invest in our facilities and products to remain current and user friendly.
We are very proud our decision to join with the City of Williston and our neighboring businesses in making a significant investment to update and modernize Main Street.
Additionally, we are equally proud of our investment in the many technology driven products for our customers to make banking easier and available on their schedule.
We are excited about our future and the future of our customers! That’s Banking, the American State Way.