Argyle: The History

United Valley Bank – Argyle was purchased by the holding company that owns United Valley Bank – Cavalier/Grand Forks in May of 2004. Before that, it had its own rich history as Argyle State Bank.

The Beginning

Argyle State Bank was opened June 1, 1936 by A.W. (Arvid) Carlson and A.L (Tony) Carlson. Argyle businessmen and area farmers worked with the Carlsons to establish Argyle’s new bank. The first Board of Directors consisted of Arvid Carlson, A.L. Carlson, C.G. Moline, E.I Amundgaard and Joe Coninx. Arvid Carlson was the first president of the bank.

Growth

Argyle State Bank continued to grow and serve the Argyle community under the ownership of the Carlson family, until it was sold to United Valley Bank. Under the leadership of the current Board of Directors, the Bank maintains strong local decision making for the benefit of the whole community.

Today

Along with United Valley Bank’s Cavalier and Grand Forks location, United Valley Bank – Argyle continues to operate close to the people it serves.

Officers

Merle Adolphson – Branch President
Drew Olafson - Loan Officer

History | Officers | The Board | Argyle
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