Starion News

Starion Financial founder Frank Larson honored

Starion Financial founder Frank Larson received the Distinguished Community Banker Award at the 47th annual convention for the Independent Community Bankers of North Dakota (ICBND). The award was presented on August 19 in Bismarck.

Created in 1998 to recognize the efforts of its most outstanding members, this is the most prestigious award given by ICBND. It honors a current or retired community banker for exemplary and outstanding service to community banking over an extended career.

For Larson, a Valley City lawyer, that career began in 1969 when he and wife JoAndrea purchased the First National Bank of Oakes, N.D. A year later, they purchased the First National Bank and Trust Company in nearby Ellendale. Over the years, the organization grew to include locations in Mandan, Bismarck, Fargo, Dunseith, Rolla and Bottineau, N.D., and Madison, Wis. The name Starion Financial was adopted in 2003 to represent geographic growth and to encompass the full line of financial services – including banking, mortgage, insurance and investments – being offered. Today, Starion Financial has 14 branches and is a $1 billion family-owned community bank and financial services organization.

“My father is a community banker, but he is also a community builder,” says son Craig Larson, president/CEO of Starion. “In banking Frank found the perfect vehicle to help people, businesses and communities succeed. A man of high moral standards and integrity, he has made these timeless characteristics a part of our culture at Starion. And with a contagious sense of optimism, Frank is intensely positive, very connected and people want to work for him.

“The Larson family and the Starion family are proud that my father is being recognized with this great honor. He has helped pave the way for all of us in the community banking industry.”

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