Articles tagged under: Bank of North Dakota
Deadline Extended for ND Loan Program
Published June 1, 2020
The North Dakota Industrial Commission has extended enrollment in the Ag Disaster Relief Loan Program until the end of September. The original sunset date was June 30. This Bank of North Dakota program covers operating loan shortfalls, term debt payments…Loan Guarantees and Interest Buydowns for ND Ethanol Plants
Published May 1, 2020
The North Dakota Industrial Commission has approved a $50 million loan guarantee and interest buydown program for the state’s ethanol industry. With ethanol plants shutting down across the country, the North Dakota Ethanol Producers Association said this program will help…Bank of North Dakota Offers COVID-19 Loans
Published April 27, 2020
The North Dakota Industrial Commission will allow the Bank of North Dakota to help state businesses get long-term low interest loans during the coronavirus. The Small Employer Loan Fund will provide a loan of up to $50,000 to small businesses…New Loan Package for ND Ag Producers
Published January 22, 2020
The Bank of North Dakota is making another loan program to help farmers and ranchers hurt by rising costs and existing debt. The Ag Disaster Relief Program allows up to a 10-year amortization for chattel and up to a 25-year…Bank of ND Continues to Provide to Rural Communities
Published July 30, 2019
North Dakota Agriculture Commissioner Doug Goehring says the Bank of North Dakota’s mission started with agriculture and that continues today. "It's developed into a bank that still offers support. With the support of the bank, there can be more support…Bank of ND Celebrates 100 Years
Published July 30, 2019
The Bank of North Dakota celebrated its centennial anniversary Monday in Bismarck. Governor Doug Burgum says the bank was born out of necessity during some very difficult times. "People at the time were facing difficulties of being at the beginning…Record Earnings for Bank of North Dakota
Published May 1, 2019
The state-owned Bank of North Dakota reports 2018 net earnings of $159 million. That’s the 15th straight year of record profits. The agricultural loan portfolio totaled $666 million, down $3 million from 2017. There was increased usage of beginning farmer…Drought Loans Available From Bank of ND
Published June 29, 2018
The North Dakota Industrial Commission has extended two loan programs that help livestock producers hurt by last year’s drought. The Bank of North Dakota’s Breeding Stock Rebuilding Program allows ranchers to rebuild herds to the levels seen before the drought.…