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Welcome to Lending Services!

On behalf of the state of North Dakota, the Bank administers lending programs that promote agriculture, commerce and industry. Financing economic development is the thrust of Bank of North Dakota’s efforts. The Bank is authorized by the Legislature to assist financial institutions in the state by providing lending programs with economic development opportunities.

Loan policy changes announced

Loan policy changes were effective August 1, 2013 for Agricultural, Commercial, and Residential Lending Programs.

Medical Facility Infrastructure Program announced

Bank of North Dakota provides loans to medical facilities to conduct construction that improves the health care infrastructure in the state or improves access to existing nonprofit health care providers in the state. Priority will be given to applicants located in oil-producing counties.

Medical Facility Infrastructure Loan Program


Trade Area:

BND's primary trade area is the state of North Dakota. While not prohibited by law from reaching beyond the state's boundaries, BND will not make nor participate in loans to borrowers whose residence or place of business is outside of the state unless it can be shown that the benefits of a loan will flow to the state or its residents, BND will consider a loan participation outside of the state.

Type of Lending:

BND is involved in two types of lending: direct lending and participation loans.

BND by statute can do anything any other bank can do, unless restricted by statute. Mostly by practice we do not make direct loans. However, legislative action has given express lending authority to BND for:

  • The purchase or acquisition of bank stock or the formation of a bank holding company.
  • The acquisition or refinancing of farm real estate by qualified individuals.
  • Assistance with post-secondary educational costs (i.e., student loans).
  • Originate home loans where loans are not readily available

All other lending by BND is through participation with a lead financial institution. This lead lender can be any qualified financial institution - most notably a bank, savings and loan, credit union or Farm Credit Services.

Loan Application:

All loans are reviewed on an individual basis to ensure the general credit standards of BND are met. All loans require an identified purpose and a specific source of cash flow which reasonably assures repayment of the loan.

Each loan program has specific requirements for the appropriate application procedure.

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