Welcome to Bank of North Dakota (BND)
As the only state-owned bank in the nation, we act as a funding resource in partnership with other financial institutions, economic development groups and guaranty agencies. We have four established business areas: Student Loans, Lending Services, Treasury Services and Banking Services. BND’s support services and dedicated employees provide you with the best customer service.
Please read this for more information on opening an account with BND.
2015 Legislature establishes new loan funds
During the 2015 Legislative Session, the North Dakota Legislature added three new loan programs to BND’s offerings. The Medical PACE Program provides an interest buydown to help finance critical access hospital medical expansion or improvement projects. The School Construction Loan Program funds construction and permanent financing in eligible North Dakota school districts. Projects may include new school construction or remodeling projects approved by the superintendent of public instruction. The Infrastructure Revolving Loan Fund provides loans to political subdivisions for essential infrastructure projects.
More than 3,000 North Dakotans have taken advantage of the DEAL One Loan since it was offered by BND. It is one of the first student loan programs in the country to allow the consolidation of all types of student loans, including federal student loans, into one student loan. Read more.