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Grong Sparebank

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Grong Sparebank
Company typeCooperative
IndustryFinancial services
Founded1862
HeadquartersGrong, Norway
Area served
Nord-Trøndelag, Norway
RevenueIncrease NOK 42 million (2006)
NOK 15 million (2006)
NOK 10 million (2006)
Number of employees
40 (2013)
Websitewww.grong-sparebank.no

Grong Sparebank is a Norwegian savings bank based in Grong. The bank is affiliated with the Terra-Gruppen alliance and has branch offices in Grong, Harran, Namsos, Røyrvik, Lierne, Steinkjer and Mosvik.[1] Total assets are NOK 1,269 million.

History

The sparebank was founded on April 7, 1862, to serve Grong Parish, that included both Grong, Harran, Høylandet and Røyrvik.[2] By 1905, both Høylandet and Harran wanted to have separate banks, and the bank was split into three branches. In 1955, the bank created a separate branch in Røyrvik and Bergsmo, the later being closed in 1997. The year 1975 saw the merger between Grong Sparebank and Lierne Sparebank, though until 2000 there was a separate board of directors for the Lierne branch. In the 2000s, the bank expanded with a branch in Steinkjer and in 2006 it merged with the smallest bank in Norway, Verran Sparebank in Framverran in Mosvik.

References

  1. ^ Sverre Rørvik Nilsen (15 March 2012). "Petter Northug kan bli storeier i sparebank". E24 (in Norwegian). Retrieved 15 December 2016.
  2. ^ Martin Bjerken (1950). Grong bygdebok for Grong, Harran, Namsskogan og Røyrvik (in Norwegian). Aktietrykkeriet. pp. 236–.