American State Bank of
Minot received State Charter No.1347 on December 1, 1936 and began operation by
the end of the year. The new American State Bank was organized to take over the
deposit liabilities and business of the First International Bank of Minot. The
new bank also occupied the offices of the former bank at 24 South Main Street .
The first president of American State Bank was C.H. Parker. For 10 years
American State Bank was located on Main Street then 1946 American State Bank
moved in to the First Avenue Building. The assets of the bank had doubled by
this time to 12 million dollars. In 1957, American State Bank moved to its
present and final location on the northwest corner of 1st Street and
1st Avenue Southwest. The most outstanding feature of the new bank
was its drive-in teller. This was the first in Minot at the time. In 1959,
American State Bank installed the first electronic banking system in Minot.
American State Bank is still operating today… It is now Bremer Bank
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