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News & Information

Happenings and Dates to Remember

Fosston Rotary 5K will be held on Saturday, May 3rd at 10:00 a.m. with a kid’s 1K at 9:30.

Highway 2 Cruisers annual car show is Saturday, August 23, from 10:00 to 2:00.

First Care Foundation’s 4th Tango & Cash will be held on Saturday, October 18, at the Fosston Civic Center.

 

 

 

 

      

 

 

 

 

 

 

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Career Opportunities

Open Positions … There are no open positions at this time.  Please check back with us again in the future.

Online Application


Ultima Bank Minnesota is not your typical small town bank or employer. Our relationship with our employees starts during the application process. We understand your need to know as much about us as we want to know about you. In essence, then, we have provided herein our resume for you to review, to give you some background on our company and tell you a little about our philosophy.

Although we may not have the job you are looking for today, chances are that we will in the near future. Therefore, we welcome the opportunity to discuss your specific skills to see how closely they match our needs of today as well as into the future.

Our Philosophy …At UBM, we both appreciate and emphasize the importance of family, friends, personal health, success in our careers... all those things money can't buy. Therefore, we place a high priority on helping our employees take care of their personal and family needs, thereby encouraging them to listen to our customers and help them with their needs.

Employee Benefits …A good job is about more than money. Granted, salary is important, but what about the future? Ultima Bank Minnesota's benefits are among the best anywhere. For flexibility and comprehensiveness, our 401(k), Medical Plan and Paid Time Off programs are unsurpassed. Plus, many benefits are paid for entirely by Ultima Bank Minnesota.

Benefit Summary

Medical Plan

Ultima Bank Minnesota covers 100% of the employee's premium for a High Deductible Health Plan, connected with a Health Savings Account which is contributed to by the Bank.  If an employee does not receive their insurance through our medical plan, 50% of the premium dollars and 50% of their Health Savings Account contribution will be applied to that employee's 401(k).

Vision Plan

Provides scheduled benefits for eye exams.

Safe-Flex Plan

This benefit allows employees to make before-tax contributions to health care and/or dependent care spending accounts, which may then be used to pay eligible health care and/or dependent care expenses.

Long-Term Disability

Provides 60% of eligible compensation after 3 months of approved total disability. Employees are eligible for this coverage after one month of full-time employment.

401(K) Plan

Employees may contribute up to the maximum allowed each year by the IRS of certified compensation on a tax-deferred basis. Ultima Bank Minnesota contributes 3% of certified compensation. Employees are allowed to enroll in either January or July of each year, following the effective date of employment. Employee is 100% vested immediately.

Paid Time Off

Each employee earns 10 days per year of vacation time, 3 days for personal time, 5 sick days and 10 holidays; increasing dependent on years of service.

Education Assistance

Ultima Bank Minnesota provides an Education Reimbursement Program for its employees. Each employee may receive reimbursement for up to 50% of the cost for eligible career-related expenses up to $250 per year. Each employee is encouraged to join the American Institute of Banking (AIB), which is designed to help bank employees further their banking education. Membership fees and tuition for all AIB courses are paid for by Ultima Bank Minnesota.

Employee Package

Provides free checking and savings accounts. Discounted fees and Annual Percentage Rates (APRs) are available on certain loan products.

Equal Opportunity Employer

Ultima Bank Minnesota is an equal opportunity employer. It maintains policies and practices that are designed to prevent discrimination against any qualified employee or applicant on the basis of race, color, religion, ancestry, national origin, sex, age, marital status, sexual orientation, disability and medical condition to the extent protected by law. This policy of nondiscrimination applies to all employment practices, including hiring, compensation, benefits, promotion, training, and termination.