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Home > Company Index > Banking > Banking - Midwest > Community First Bankshares, Inc.

Community First Bankshares, Inc.
Nasdaq: CFBX
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 NEWS FROM THE WIRES
Community First sets buyback, raises payout 13 pct
Aug 07 2001 03:58 PM PDT

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 PROFILE
Community First Bankshares is a multibank holding company operating more than 130 branches in 12 western and midwestern states. Targeting individuals and regional business customers, the banks offer such standard retail services as checking and savings accounts and certificates of deposit; trust and brokerage services are also available. Real estate and construction loans account for about 50% of the company's portfolio, and commercial loans comprise about 25%; it also makes consumer and agricultural loans. Community First also sells property and casualty insurance through nonbanking subsidiaries. The company is introducing Internet banking through an alliance with Compaq Computer.

 COMPETITION
First National of Nebraska, Inc. (FINN)
Wells Fargo & Company (WFC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 552.80
1-Yr. Sales Growth: 2.8%
Employees: 2,667
Revenue per employee: $207,274.09

 KEY PEOPLE
• Mark A. Anderson
    CEO
• Craig A. Weiss
    CFO

 CONTACT INFO
520 Main Ave.
Fargo, ND 58124
US
Phone: 701-298-5600
Fax: 701-298-5795
Online: Web Site

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