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.
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.
Standard & Poor’s (S&P) affirmed Bank of North Dakota’s credit ratings in its review of the Bank released October 2, 2014. BND’s long-term and short-term issuer credit ratings were set at “AA-” and “A-1+” respectively. The ratings have remained stable since being increased by S&P in 2011. Click here to view the full report.
BND announced the Ag Commodity Export Enhancement Program, a financing tool for commodity exporters to facilitate export sales to foreign buyers. BND works with the Export-Import Bank to provide insurance coverage of not less than 90 percent on bulk commodity sales as well as process ag product transactions. Bulk ag commodities and food-grade, value-added ag products are allowed. Read more.
Repay student loans with the DEAL One Loan Ė One lender, One payment for North Dakota residents.
If you’ve lived in North Dakota for the past six months or more, you can combine all student loans from multiple lenders into one new loan – the DEAL One Loan. The DEAL One Loan allows residents who have graduated or left college and are currently making student loan payments to consolidate all federal, DEAL, DEAL Consolidation and private/alternative loans into one easy payment. You do not need a current student loan with BND to take advantage of this opportunity. Read more.