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Bell Bank is among the 25 largest independently owned banks in the United States and is the largest privately owned bank in the Upper Midwest with assets of more than $4 billion. Through its wealth management division, the company manages more than $5 billion in assets. Bell Bank, which employs 1,000 people, is headquartered in Fargo, N.D. It has 20 locations in North Dakota and Minnesota and does business in all 50 states. State Bankshares is Bell Bank's parent company.