As we continue to highlight the markets we serve across the Dakotas, today our highlight is New Town!
Team Members: 15
Fun Fact: In 1968, the Petersen family purchased controlling interest in Lakeside State Bank and today the family remains Cornerstone Bank’s largest shareholder.
About New Town: A “new town” was formed in 1950 to relocate citizens of the many communities that were to be flooded by the Garrison Dam Diversion Project. New Town is located on the Lewis and Clark Trail on the Fort Berthold Indian Reservation and Bakken oilfield. Agriculture is a big part of the economy and Lake Sakakawea offers great fishing and recreation that draws in people from all over the country.
Community Organizations that we are involved in: New Town Chamber, Mountrail County Soil Conservation District, Friends of Lake Sakakawea, Mountrail County 4-H, Mountrail County Ag Improvement Association, Bite the Ice Fishing Tournament, Van Hook Association, New Town Country Club, New Town Ambulance Finance Board, Minot Chamber of Commerce.
What makes our community great: Our community is very diverse despite it’s fairly small size. You can attend a variety of cultural events throughout the year and enjoy year-round recreation on Lake Sakakawea. We have long-term residents who have been here since the community was formed and we welcome new residents daily.