Grong Sparebank
Encyclopedia
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
. Total assets are NOK
1,269 million.
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.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
savings bank
Sparebank
Sparebank is a Norwegian savings bank without external owners. The Norwegian sparebanks are a separate type of juridical entity that differ from commercial banks. There are a total of 123 savings banks in Norway.- History :...
based in Grong
Grong
is a municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the village of Medjå. Other villages in the municipality include Bergsmoen, Formofoss, Gartland, and Harran....
. The bank is affiliated with the Terra-Gruppen
Terra-Gruppen
Terra-Gruppen, branded as Terra is an alliance between 77 Norwegian savings banks. Terra-Gruppen is a strategic alliance of local Norwegian savings banks, and co-ordinates work within the areas defined as falling within the alliance. The group supplies competitive products and services to banks and...
alliance and has branch offices in Grong
Grong
is a municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the village of Medjå. Other villages in the municipality include Bergsmoen, Formofoss, Gartland, and Harran....
, Harran
Harran
Harran was a major ancient city in Upper Mesopotamia whose site is near the modern village of Altınbaşak, Turkey, 24 miles southeast of Şanlıurfa...
, Namsos
Namsos
is a town and municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the town of Namsos. Other villages in the municipality include Bangsund, Klinga, Ramsvika, Skomsvoll, and Spillum....
, Røyrvik
Røyrvik
Røyrvik is a village and municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the village of Røyrvik. The area has always had a strong Sami influence....
, Lierne
Lierne
Lierne is a municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region, and it is the largest municipality in Trøndelag. The administrative centre of the municipality is the village of Sandvika. Other villages include Inderdal, Sørli, and Tunnsjø senter...
, Steinkjer
Steinkjer
is a town and a municipality in Nord-Trøndelag county, Norway. It is part of the Innherad region. The administrative centre of the municipality is the town of Steinkjer, which is also the seat of the county government...
and Mosvik
Mosvik
Mosvik is a municipality in Nord-Trøndelag county, Norway. It is part of the Innherad region. The administrative centre of the municipality is the village of Mosvik...
. Total assets are NOK
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
1,269 million.
History
The sparebank was founded on April 7, 1862, to serve Grong Parish, that included both Grong, Harran, Høylandet and Røyrvik. By 1905, both HøylandetHøylandet
Høylandet is a village and a municipality in Nord-Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the village of Høylandet. Other villages include Kongsmoen and Vassbotna....
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
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
for the Lierne branch. In the 2000s, the bank expanded with a branch in Steinkjer
Steinkjer
is a town and a municipality in Nord-Trøndelag county, Norway. It is part of the Innherad region. The administrative centre of the municipality is the town of Steinkjer, which is also the seat of the county government...
and in 2006 it merged with the smallest bank in Norway, Verran Sparebank
Verran Sparebank
Verran Sparebank was a Norwegian savings bank, located at Venneshamn in Mosvik municipality from 1907 to 2006. It merged with Grong Sparebank in 2006, who took over its assets and local customers...
in Framverran
Framverran
Framverran is a village in the municipality of Mosvik in Nord-Trøndelag county, Norway. It is located about from the municipal center of Mosvik, about northwest of the village of Venneshamn, and about northeast of Trongsundet....
in Mosvik.