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Published November 10, 2010, 08:45 AM

Minneapolis mortgage company bought by State Bank and Trust

Fargo, ND (WDAY TV) - Fargo-based State Bank & Trust is purchasing a private mortgage company in Minneapolis.

By: WDAY Staff Reports, WDAY

Fargo, ND (WDAY TV) - Fargo-based State Bank & Trust is purchasing a private mortgage company in Minneapolis.

Bell Mortgage has 180 employees at 28 offices in the Twin Cities, Bozeman, Montana and in Phoenix. The company rented Target field yesterday to make the announcement to their employees.

The CEO of Bell and State Bank's President both say Bell mortgage isn't in any financial trouble. Bell Mortgage will become a division of State Bank, keeping its name and branding. The purchase price isn't being disclosed.

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