Author: Bank of North Dakota

Bank of North Dakota releases 2021 Annual Report and S&P rating

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

College SAVE Reading Champion

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

College SAVE Awards March Money Madness Scholarships

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

Virtual Career and College Planning Resources

Career Compass is live for the 2021-22 school year! The website offers North Dakota residents college and career planning resources. This fall: Students, parents and counselors can attend the 2021-22 Virtual College Fair. When they create a Career Compass account, they can visit the booths of more than 30 colleges and universities from around the Read More

Career Compass: Virtual career and college planning resources

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

Worried about paying your bills? Here is helpful advice.

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

Advantage: North Dakota

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

Industrial Commission Authorizes a Bank of North Dakota Feed Loan Program For Stressed Livestock Producers

Bismarck - The North Dakota Industrial Commission today approved a new Bank of North Dakota (BND) feed loan program to help the state’s livestock producers cover the cost of feed as they deal with the effects of extreme weather on their operations. The Livestock Feed Loan Program will assist active livestock producers anticipating an expected Read More

October is College Application Month

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.

A Parent’s Guide to Completing the FAFSA

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

Bank of North Dakota Releases 2018 Annual Report

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

Economic Development Report 2018 Released

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

Postsecondary Education 2018 Report Released

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

Celebrating 100 years with our favorite people

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

Social Media Websites Can Cause Big Threat To IT Departments

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

North Dakota Legislature declares Bank of North Dakota Day

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

FAFSA videos simplify the application process

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

Create A Strong And Unique Password For Every Account

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

Marriott Suffers One Of The Largest Data Breaches In History

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

Don’t Grab That Bait! Workplace Email Phishing Tips

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

81% Of Company Data Breaches Due To Poor Passwords

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

How A Single Click Can Infect Your Company’s Network

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

FBI Issues Immediate Warning For Everyone To Reboot Internet Routers

There’s malware out there that is so severe, the FBI is warning everyone, at home and at the office, to reboot their internet routers in hopes of flushing some of it out. The Bureau released a statement that, VPNFilter “is able to render small office and home routers inoperable. The malware also collects information passing through the Read More

Hey Siri! You Have A Big Mouth

In 2011, Apple released virtual pal Siri, a novel idea for iPhone owners. A simple “Hey Siri” opened a world of information for its owners simply by asking questions. Shortly after, Siri was joined by other virtual assistants, Alexa and Cortana for the Android set. Although, Siri became a virtual star first and was immediately Read More

Financing Economic Development Report 2017

Bank of North Dakota’s vision statement, “Bank of North Dakota is an agile partner that creates financial solutions to current and emerging economic needs,” drives our economic development and diversification efforts daily. We accomplish this through strong vision and collaboration with state agencies, local economic development groups and financial institutions. Read the report here.