President and CEO
Michael Solberg is president and chief executive officer of Bell Bank.
Raised in Finley and Fargo, N.D., Solberg is a graduate of Concordia College and William Mitchell College of Law. He joined Northern Capital Trust in 1998 and was subsequently named the company’s chief operating officer. After Northern Capital merged with State Bank of Fargo, Moorhead and West Fargo, Solberg became what was then State Bank & Trust’s chief operating officer in 2004. He was named the company’s president in January 2009 and CEO in 2014.
Solberg has helped Bell grow to be one of the largest independently owned banks in the country and the largest independent bank in North Dakota, South Dakota, Minnesota, Iowa and Montana. Bell is also a national leader in consumer-driven healthcare through its sister companies, Healthcare Bank and Discovery Benefits. Solberg oversees the bank’s investment in these organizations.
As president of Bell, Solberg launched the bank’s “Pay It Forward” project, providing every full-time employee with a thousand dollars each year to give to individuals, families or organizations in need. This program received national attention and has been highlighted by media outlets from CBS Evening News and the BBC to Good Morning America, USA Today and People magazine.
Solberg also provides leadership to several organizations. He currently serves on the board of the Bush Foundation in St. Paul and the Guthrie Theater in Minneapolis. He was a member of the Concordia College Board of Regents and has served as campaign chair for the United Way of Cass Clay, board chair for the Trollwood Performing Arts School and chairman of the board of Prairie Heights Community Church in Fargo. He and his wife, Charleen, live in Fargo with their three children.