Author: Bank of North Dakota

North Dakota Dollars for Scholars is accepting scholarship applications from North Dakota high school seniors and current college students starting January 1, 2023. Over $95,000 in scholarships will be awarded, ranging from $600 to $2,500 each for the 2023-24 academic year. Every student who graduated from or will graduate from a North Dakota high school Read More

BISMARCK, N.D. – Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Oct. 27, 2022. The ratings are consistent with those given by S&P in November 2021. S&P is a U.S.-based financial services company that publishes financial research. Financial institutions are typically reviewed annually, but Read More

Surprises are great – sometimes. One thing you don’t want to be surprised by is your student loan payment. While you may think it’s better to sign the paperwork and worry about it later, you may not like what you find out. It’s better to be confident and educated when making student loan decisions. BND has Read More

Bismarck – Bank of North Dakota has partnered with seven local financial institutions to bring the first ever High School Parent Launch Party in the state to parents of Cass County high school students. The event will be held Wednesday, Aug. 31, from 5:30-7:30 p.m. at Essentia Health Plaza at The Lights, 3150 Sheyenne Street Read More

BISMARCK – The state-owned Bank of North Dakota (BND) reported a profit of $144.2 million in 2021, a slight increase from $141.2 million in 2020 with a return on investment of 15%, according to information presented to the Industrial Commission (Commission) in BND’s annual report today. The report’s theme, “Evolving,” focuses on how the Bank Read More

It’s easy! It’s fun! And when young readers knock out their summer reading, they become College SAVE Summer Reading Champions, earn up to $25 and have a chance to win $529! The North Dakota State Library and Bank of North Dakota have partnered with local libraries to offer the College SAVE Summer Reading Champion campaign. Read More

Bismarck – Last month, North Dakota students, ages 13-19, had an opportunity to participate in Bank of North Dakota’s March Money Madness, a financial literacy exercise, which qualified them for a drawing for one of four $529 College SAVE scholarships. The 2022 recipients are Allyson Webster from Stanley High School, James Lien from Fargo North Read More

Bank of North Dakota (BND) is going virtual this fall. It has partnered with Dakota Association for College Admission Counseling – North Dakota Council (DACAC) to offer a convenient, one-stop location for career and college planning resources. Students in grades 7-12 and their families can use the new Career Compass site to access the following: Read More

If you are wondering how you’ll pay your bills, you are not alone. The unpredictable impacts of the COVID-19 pandemic are widespread, but often include the concern of how you will pay your bills. We’ll give you some resources courtesy of the Consumer Financial Protection Bureau (CFPB) that should be helpful, but first and foremost, Read More

Bank of North Dakota released its first joint publication with the North Dakota Department of Commerce. Advantage: North Dakota highlights economic development activities and funding opportunities happening in our state. The publication, which will be released 2-4 times year, can be quickly skimmed through and offers links to more information. View the first Advantage: North Read More

The goal of College Application Month is to increase the number of first-generation and low-income students pursuing a college degree or other higher education credential.

Known by many as “the FAFSA,” the Free Application for Federal Student Aid is a form completed annually by students planning to attend college for both undergraduate and graduate courses. Colleges use the FAFSA information to determine the student’s eligibility for student financial aid. Student financial aid could include grants, scholarships, work-study programs and student Read More

BISMARCK – The state-owned Bank of North Dakota (BND) recorded its 15th consecutive year of record profits in 2018, with $159 million in net earnings, the Bank reported today in its annual report to the state Industrial Commission. Total assets remained stable at $7 billion. BND ended the year with capital of $861 million, an Read More

Bank of North Dakota’s economic development initiatives are highlighted in its recently released 2018 Economic Development report. BND is working with its stakeholders to create a venture capital ecosystem where businesses can thrive. Interest buydowns through the Bank’s programs can potentially help a business save thousands of dollars monthly. Additionally, BND is involved in administered Read More

A thriving economy requires an educated workforce. Bank of North Dakota partners with stakeholders across the state to cover the education lifecycle: College SAVE to help families save for college followed by programs that help students determine and pay for the best career path. Our student loan programs fill in the funding gaps during college, Read More

Bank of North Dakota opened its doors on the corner of Seventh Street and Main Avenue in Bismarck July 28, 1919. To commemorate that event, the Bank is welcoming our favorite people–the residents of North Dakota–to a day of celebration on Monday, July 29, 2019. Activities will take place from 11 a.m. – 4 p.m. Read More

As if fighting outside hack attacks are not enough, IT departments everywhere are combating another foe: company social media websites. These websites and the content employees post to them pose a challenge to keep that information from harming cybersecurity efforts. Most companies have social media sites that post information about the company, including plenty of Read More

To commemorate 100 years of fulfilling its mission to promote agriculture, commerce and industry in North Dakota, the North Dakota Legislature has declared Monday, February 25, 2019 as “Bank of North Dakota Day.” Bank of North Dakota (BND) is the longest-running, successful state-owned bank in the United States and is the only one of its Read More

The FAFSA can be completed in about 30 minutes if you know what to expect and have the information you need at your fingertips. We’ve created a series of short videos to explain different aspects of student financial aid and common areas where people have questions in completing the FAFSA. Overview of the financial aid Read More

It’s not the newest trend. In fact, it’s rather old news. It’s still important to use strong passwords, use passphrases, and YES! Passwords really do still get cracked. The many techniques for obtaining passwords over the years have become more sophisticated, but the tried and true methods still work. The top methods for cracking passwords, Read More

Hospitality has been hit again. This time, if it isn’t the largest data breach on record, it is certainly right up toward the top. Marriott International announced this week that information of guests reaching up to 500 million was exposed in a breach of the Starwood properties guest reservation system. And it wasn’t just a Read More

Unless you’ve been under a rock, you know that email phishing is a favorite and effective hacker tool worldwide. A report by the Ponemon Institute and Keeper Security finds negligent employees are the #1 cause behind data breaches at small-to-medium-size businesses (SMBs), and phishing emails are the #1 form of attack on those employees. According Read More

Managing employee passwords is a struggle for most businesses in the U.S. and worldwide. It is costly maintaining healthy password security, but not having it can be enormously costly. According to the recent Verizon Data Breach Investigations Report, over 70% of employees reuse passwords at work. The report finds a staggering “81% of hacking-related breaches leveraged either Read More

When going to websites on the Internet, most of us don’t think much about it or what it’s doing in the background. However, there are a lot of nefarious things that can be happening and sometimes all it takes is for you to land on a page, even for a split second for something bad Read More