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American Federal Bank's Overview

Total employees125
HeadquartersFargo
Founded

American Federal Bank, often referred to as AmFed Bank, is a community-focused financial institution dedicated to providing a comprehensive suite of banking services to individuals, families, and businesses. With a strong presence in North Dakota and Minnesota, the bank offers personal and business checking and savings accounts, mortgage and personal loans, commercial lending, agricultural banking solutions, and wealth management services. American Federal Bank prides itself on local decision-making, personalized customer service, and a commitment to supporting the economic growth and well-being of the communities it serves. They leverage technology to offer convenient online and mobile banking options while maintaining the core values of a trusted local bank.

Where is American Federal Bank's Headquarters?

HQ Function

The Fargo headquarters serves as the central hub for American Federal Bank's administrative, strategic, and operational functions. This includes executive management, corporate strategy, loan administration, risk management, IT, marketing, and human resources.

Notable Features:

The headquarters is a professional banking facility, likely designed to be accessible to customers and to provide an efficient working environment for its employees. It may feature modern banking amenities and secure operational areas.

Work Culture:

The work culture at American Federal Bank's headquarters is likely characterized by a focus on community banking principles: customer service, teamwork, integrity, and local engagement. Employees may experience a collaborative environment with opportunities for professional growth within the financial services sector.

HQ Significance:

The Fargo headquarters is significant as it anchors the bank's operations in a primary market, enabling it to effectively serve its customer base across North Dakota and Minnesota and make strategic decisions impacting its regional presence.

Values Reflected in HQ: The headquarters embodies the bank's values of stability, trustworthiness, community commitment, and customer-centric service.

Location:

American Federal Bank is a regional community bank primarily focused on serving customers and businesses within North Dakota and Minnesota in the United States. It does not maintain physical international branches or a dedicated global operational footprint. However, it facilitates international transactions such as wire transfers for its customers who may have global financial needs.

Street Address:

215 N 5th St

City:

Fargo

State/Province:

ND

Country:

USA

American Federal Bank's Global Presence

Grand Forks, ND, USA

Address: 3100 S Columbia Rd, Grand Forks, ND 58201

Supports the financial needs of individuals, agricultural producers, and local businesses in the northern Red River Valley, contributing to regional economic vitality.

Detroit Lakes, MN, USA

Address: 1112 Washington Ave, Detroit Lakes, MN 56501

Serves as a key financial partner for residents and businesses in the Minnesota lakes country, providing accessible banking solutions and local expertise.

Wahpeton, ND, USA

Address: 602 Dakota Ave, Wahpeton, ND 58075

Provides essential financial services and support to the southern end of the Red River Valley, fostering community development and business growth.

Fergus Falls, MN, USA

Address: 128 E Washington Ave, Fergus Falls, MN 56537

Acts as a financial resource for a diverse regional economy, supporting local commerce and community initiatives in west-central Minnesota.

Buying Intent Signals for American Federal Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of American Federal Bank

As of April 2025, American Federal Bank' leadership includes:

Steve Worwa - President & Chief Executive Officer
Brad Stotesbery - Chief Financial Officer
Jason Jaeger - Chief Lending Officer
Patty ShelLito - SVP, Market President - Fargo
Jennifer drogas - Chief Operations Officer

Investors of American Federal Bank

American Federal Bank has been backed by several prominent investors over the years, including:

American Federal Bank is a privately held, employee-owned (ESOP) financial institution. As such, it is not publicly traded and its ownership primarily resides with its employees through an Employee Stock Ownership Plan, aligning employee interests with the bank's success and community focus.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information, American Federal Bank has maintained stability in its core executive team over the past 12 months. No major C-suite hires or departures have been widely announced. Any changes are typically part of planned succession or strategic growth initiatives.

Technology (Tech Stack) used by American Federal Bank

Discover the tools American Federal Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

American Federal Bank Email Formats and Examples

American Federal Bank likely uses common corporate email formats for its employees. Based on industry standards and common patterns for similar-sized organizations, the most probable formats are [first_initial][last]@amfedbank.com or [first].[last]@amfedbank.com.

[first_initial][last]@amfedbank.com (e.g., jsmith@amfedbank.com) or [first].[last]@amfedbank.com (e.g. john.smith@amfedbank.com)

Format

sworwa@amfedbank.com

Example

80%

Success rate

News and media

INFORUMNovember 2, 2023

American Federal Bank news title: American Federal Bank to close downtown Fargo branch, relocate employees

American Federal Bank announced it will close its downtown Fargo branch at 51 Broadway N. on Jan. 31, 2024. The nine employees at this location will be relocated to other Fargo branches, ensuring no job losses. The decision was attributed to declining traffic and transaction volumes at the downtown branch, with customers increasingly using digital banking and other branch locations....more

American Federal Bank NewsAugust 9, 2023

American Federal Bank news title: American Federal Bank Recognized by Newsweek as One of America’s Best Regional Banks 2024

American Federal Bank was named one of America's Best Regional Banks for 2024 by Newsweek in partnership with Plant-A Insights Group. This recognition highlights the bank's strong financial health, operational performance, and customer service....more

Prairie Business MagazineJuly 12, 2023

American Federal Bank news title: Steve Worwa, President & CEO of American Federal Bank, named a 2023 Leaders & Legacies Award Winner by Prairie Business Magazine

Steve Worwa, President and CEO of American Federal Bank, was honored by Prairie Business Magazine as one of its 2023 Leaders & Legacies award winners. This award recognizes outstanding business leaders in the Dakotas and western Minnesota for their contributions to their industries and communities....more

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