Hokuto Bank

The forerunner to the Hokuto Bank was the Masuda Bank, established in Yokote, Akita Prefecture in 1895. Renamed Ugo Bank in 1922. In September 1928, it absorbed Odate Bank and Nikaho Bank. Although Ugo Bank merged with other banks throughout the first half of the 1900s (e.g. Ueda Bank), it changed its name to its present form in 1993 when it merged with the Akita Akebono Bank. At the time of the merger, the name Komachi Bank was floated as a possible name, but was ultimately turned down in favor of the current form.

The bank has gradually diversified its range of financial services, and began to offer insurance in 2002. In the early 2000s, the bank was involved numerous scandals, including embezzlement charges. This prompted the Japanese Financial Services Agency to request a plan to improve its governance. As a result, Hokuto Bank launched a series of initiatives, entitled Believe and, more recently, Breakthrough, to improve its governance.

In February 2024, Fidea Holdings announced that a committee had been set up to investigate the merger of the bank with Shonai Bank, another Fidea owned institution. In November, a merger scheduled for January 1, 2027 was announced, with Shonai continuing and Hokuto dissolving.^[1] The new Fidea Bank’s headquarters will be in the Shonai office in Yamagata.

Quick facts Ground, Capacity ...

Hokuto Bank SC

Nikaho Green Field
Ground	Nikaho Green Field Akita Prefectural Central Park Playing Field Space Project Field Akita Prefecture Football Centre
Capacity	4,430 16,500 730
Coordinates	39°42′59″N 140°07′5″E
Chairman	Motonori Ito
Manager	Kakuo Oikawa
League	Tohoku Soccer League D2N
Home colours Away colours

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Hokuto Bank Soccer Club (北都銀行サッカー部, Hokuto Ginko Sakka-bu) is a Japanese football club based in Akita Prefecture. They play in the Tohoku Soccer League and their team colour is yellow.^[2]