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 Bank of North Dakota.
Lending Services announces Rural Mortgage Loan Program extension and Affordable Housing Program
The Rural Mortgage Loan Program will continue with a new commitment of $10 million from Bank of North Dakota. The program allows rural financial institutions that are not FHA approved with the ability to make and sell residential loans in rural North Dakota.
The Bank announced the Flex PACE Affordable Housing Program. This pilot program will assist in the financing of affordable multi-family housing units for individuals living in counties affected by oil and gas development.