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Safety to Weather the Storm
Financial Basics

Safety to Weather the Storm

Steph Melgaard

Steph Melgaard
Retail Banking Director
steph.melgaard@border.bank
701-630-2629


So many of us have navigated a level of uncertainty and disruption this year the likes of which we have never encountered before. As we have looked to balance work, life, family and health in these unprecedented circumstances, it can feel like we must simply accept that the economy has also been along for the ride and there is little available to us as an alternative to the market volatility and uncertainty that has many consumers rightfully concerned. At Border, we want you to know we have solutions to provide a level of safety and soundness that can be a welcome harbor from the storm.

Your deposits at Border Bank are FDIC insured up to $250,000 at no cost to you, so you never have to worry about taking a loss or the uncertainty that can come with some investments in a turbulent market. Our team can help you review your specific circumstances to determine if you qualify for more than $250,000 in FDIC coverage based on account types and ownership.

Border Bank also partners with a depository network that allows our customers access to additional FDIC coverage combined with the convenience and simplicity of depositing with the Border Bank team. 

We have a variety of products to suit your needs and goals. Savings accounts will provide you with full liquidity so that you have the flexibility to change course at any time and they offer tiered interest rates to help you maximize your earnings. Certificates of Deposit range from 3 to 60 months, so that you can earn the best available guaranteed return while still ensuring easy access to your funds on your preferred timeline. 

We know each of our customers has unique needs, goals and risk tolerance when it comes to their finances. If you are looking for some safety to weather the storm in these uncertain times, we would welcome the opportunity to help you find a solution that is right for you. 

Click to hear from one of our customers regarding keeping funds safe and sound.
 

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