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Learn about the only government-owned bank in the US, established in 1919 to promote agriculture, commerce and industry in North Dakota. Find out how it operates, provides services, and has a favorable reputation among North Dakotans.
28 paź 2024 · BND is the ONLY state-owned bank in the country. Learn more about our unique history and how the Bank continues to evolve to meet the needs of North Dakotans.
In 1919, the state Legislature established Bank of North Dakota (BND) and the North Dakota Mill and Elevator Association. BND opened July 28, 1919, with $2 million of capital. Several sections of the North Dakota Century Code address the creation of the Bank, its oversight and role in the state.
Bank of North Dakota (BND) offers basic checking and savings accounts to North Dakota residents. To prove North Dakota residency, an individual must have a North Dakota driver’s license or North Dakota government-issued photo identification card, and a physical address in North Dakota.
1 paź 2013 · The Bank of North Dakota is successful because we are partners with the state's financial institutions, not competitors.
1 wrz 2015 · Much of the answer lies in the Bank of North Dakota, the only state-owned bank in the country. Since 1919, when it was founded to free North Dakotans from the tyranny and crushing interest rates of Minneapolis banks, BND has worked to nurture the state’s economy and communities.
An important development in favor of a state bank is the long and impressive record of the only state bank in the United States, the Bank of North Dakota (BND). It has been in existence for over a century and has been very profitable in recent years.
