TellerScore

Headquartered in Fargo, North Dakota, Choice Financial Group is a state-chartered bank with $6.4B in total assets and $5.1B in deposits as of Q2 2026. It operates 18 offices across 2 states. Its charter dates back to 1906.

Based on its Q2 2026 filing, Choice Financial Group scores 73/100, which we describe as strong. That is higher than 70% of 897 banks with $1 billion – $10 billion. Among 60 banks headquartered in North Dakota, it ranks 22nd. Its strongest component is problem-loan coverage (94/100; 2.9%), and its lowest is capital cushion (58/100; 10.84%).

TellerScore · Q2 2026

Scorecard

Capital cushion58/100
Tier 1 leverage ratio: 10.84%
Loan quality77/100
Noncurrent loans ÷ total loans: 0.68%
Earnings72/100
Return on assets (annualized): 1.30%
Funding & liquidity86/100
Loans ÷ deposits and uninsured-deposit share: 62.0% · 26.5% uninsured
Problem-loan coverage94/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.91%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 2 points (75 → 73), mostly because the loan quality component weakened by 10 points.

TellerScore
657381Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202473
Q3 202480
Q4 202481
Q1 202575
Q2 202575
Q3 202565
Q4 202568
Q1 202671
Q2 202673
Tier 1 leverage ratio
5.00%8.12%11.23%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.38%
Q3 202411.23%
Q4 202410.77%
Q1 202510.41%
Q2 202510.64%
Q3 202510.66%
Q4 202510.71%
Q1 202610.83%
Q2 202610.84%
Noncurrent loans
0.35%0.94%1.53%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.52%
Q3 20240.62%
Q4 20240.38%
Q1 20250.35%
Q2 20250.40%
Q3 20251.53%
Q4 20251.21%
Q1 20261.03%
Q2 20260.68%
Return on assets
1.22%1.77%2.32%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.28%
Q3 20242.32%
Q4 20241.96%
Q1 20251.23%
Q2 20251.24%
Q3 20251.23%
Q4 20251.22%
Q1 20261.29%
Q2 20261.30%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202673$6.4B10.84%0.68%1.30%62.0%
Q1 202671$6.1B10.83%1.03%1.29%61.0%
Q4 202568$6.0B10.71%1.21%1.22%61.2%
Q3 202565$5.7B10.66%1.53%1.23%62.8%
Q2 202575$5.8B10.64%0.40%1.24%64.5%
Q1 202575$5.6B10.41%0.35%1.23%62.4%
Q4 202481$5.4B10.77%0.38%1.96%66.6%
Q3 202480$5.3B11.23%0.62%2.32%68.0%
Q2 202473$4.9B10.38%0.52%1.28%71.3%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.84%
57th
Total risk-based capital0.00%
13th
Problem loans0.68%
39th
Net charge-offs0.31%
13th
Return on assets1.30%
55th
Net interest margin3.28%
25th
Efficiency ratio54.9%
62nd
Loans to deposits62.0%
92nd
Uninsured deposits26.5%
65th
Loan-loss reserves1.17%
53rd
Texas ratio2.9%
58th

Similar-size banks in North Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
First International Bank & TrustBank Watford City, ND52 out of 100, Below average$6.2B9.1%1.54%vs
Alerus Financial, National AssociationBank Grand Forks, ND70 out of 100, Strong$5.3B9.3%0.26%vs
Gate City BankBank Fargo, ND65 out of 100, Moderate$4.0B9.8%0.69%vs
Bravera BankBank Dickinson, ND67 out of 100, Moderate$3.8B9.7%0.90%vs
Western State BankBank Devils Lake, ND78 out of 100, Strong$2.5B13.2%0.90%vs
First Western Bank & TrustBank Minot, ND55 out of 100, Moderate$2.4B9.6%1.42%vs

Deposit insurance

Is my money safe at Choice Financial Group?

Yes. Choice Financial Group is an FDIC-insured institution (FDIC certificate #9423). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 26.5% of deposits ($1.4B) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.84%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

18 locations

Branches

Choice Financial Group lists 18 offices in 17 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Choice Financial Group reported 346 home-loan applications under HMDA (LEI 549300BB4LSE4JRRGV15): 275 originated ($147,145,000 total), 17 denied, and 41 withdrawn or closed by the applicant. Its denial rate on decided applications was 5.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Choice Financial Group
Former names
Citizens State Bank of Petersburg; Citizens State Bank Grafton-Petersburg
Type
State-chartered bank
FDIC certificate #
9423
RSSD ID
826956
Primary regulator
FDIC
Holding company
Choice Financial Holdings Inc
Established
January 1, 1906
Headquarters
4501 23rd Ave S, Fargo, ND 58104
Employees
449

Quick answers

Choice Financial Group: common questions

Is Choice Financial Group FDIC insured?

Yes. Choice Financial Group is an FDIC-insured institution (FDIC certificate #9423). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Choice Financial Group's TellerScore?

73 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Choice Financial Group ever failed?

There is no failure record for FDIC certificate #9423 in the FDIC failed bank list.

How many branches does Choice Financial Group have?

18 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Fargo

InstitutionScoreAssetsCapitalProblem loansCompare
Fargo VA Federal Credit UnionCredit union Fargo, ND84 out of 100, Strong$14.1M12.6%0.00%vs
Valley Premier BankBank Hawley, MN81 out of 100, Strong$141.0M11.1%0.00%vs
Fargo Public Schools Federal Credit UnionCredit union Fargo, ND80 out of 100, Strong$58.2M12.2%0.01%vs
F.F.E. Federal Credit UnionCredit union Fargo, ND79 out of 100, Strong$3.8M13.5%0.00%vs
Western State BankBank Devils Lake, ND78 out of 100, Strong$2.5B13.2%0.90%vs
First United BankBank Park River, ND78 out of 100, Strong$810.8M10.1%0.01%vs