In 2006, Community Development Insurance was started as an affiliate of the Community Development Bank in Ogema, MN. In 2010, the agency expanded along with the bank adding a location in Hancock, MN where the bank also has a branch location.
In 2012, we added an office in Detroit Lakes and then in 2016 we purchased the former Waubun Insurance Agency from Anne-Marye Hoban who remains on our staff. Long-time employee, Pam Clark, also remains with our agency as we serve people from the agency’s office location on 1st Street in Waubun. At the time of the purchase of the agency in Waubun, we closed our office in the Ogema bank, but can meet customers there by appointment.
The agency is owned by CDC Bancshares, Inc.