Brady Torgerson, former president of First Security Bank-West, was sentenced to two years in prison for two counts of bank fraud he conducted between 2019 and 2021 when working for the North Dakota-based bank and Union Bank as a loan officer. Three others were also sentenced in connection to the fraud.

When Torgerson was president of First Security Bank-West, he funded loans without obtaining necessary financial information, security interest documents or promissory notes, the U.S. Attorney’s Office for the North Dakota District said Thursday.

The 35-year old former executive also engaged in deceptive banking transactions by entering false information into the bank’s details ⇒

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