Author: Bank of North Dakota

Keep Your Stimulus Check In Your Hands

With all the novel corona virus news going around, it can be difficult to know what is truth and what is fiction. Especially with all the information flying about regarding the financial stimulus that was approved by Congress. So, here are a few things to know about the upcoming increase in your account balance and Read More

There’s No Such Thing As A Secure SMS

Most of us rapid fire text messages every day without a second thought. In fact, the average person sends 67 SMS (Short Message Service) texts a day, with 6 billion sent daily in the U.S. alone. Would any of us ever imagine that every one of those texts are up for grabs for any bad Read More

Ag Disaster Relief Loan Program

This program provides relief for North Dakota farmers and ranchers negatively impacted by extreme weather conditions in 2019. BND has set aside $300 million for this program. Funds will be allocated on a first-come basis. Applications will be accepted until June 30, 2020 at 5 p.m. CT. Loan Terms Chattel: Up to a 10-year amortization Read More

Livestock Feed Program

This program is designed to assist with feed costs for livestock producers who can establish an expected shortfall in the amount of feed needed to sustain existing breeding livestock and backgrounding livestock operation levels for those impacted by the 2019 extreme weather conditions. Applications will be accepted until June 30, 2020 at 5 p.m. CT. Read More

Industrial Commission Authorizes Second Bank of North Dakota Relief Loan Program for Farmers and Ranchers

Bismarck- The North Dakota Industrial Commission today approved a second Bank of North Dakota (BND) loan program to help the state’s farmers and livestock producers cover operating shortfalls and term debt payments, and to restructure existing debt. The Ag Disaster Relief Loan Program allows up to a 10-year amortization for chattel and up to a Read More

Fake Invites Dupe Outlook And Google Calendar Users

The Better Business Bureau’s Scam Tracker has been very busy. The organization posted a scam alert involving Outlook and Google Calendar users and fake events posted to their accounts. “Calendar spam” is a new and very real problem that can lead to stolen identity and malware. Users can sync Google and Outlook, so a bogus Read More

Growing Malware Attacks: Not Just For Androids Anymore

With malware attacks, it’s long believed that Mac and Apple devices are generally safer than their Android counterparts. Although Apple owners may find comfort in that, hacking trends are changing in a way that’s not comforting at all. These days, hackers are pushing their malware onto all devices, including Apple in ways that are not Read More

Completed the FAFSA. Congratulations. What Comes Next.

When you complete the FAFSA, you’ll need to list schools you’re interested in attending. Your FAFSA application is sent to those schools, and the ones that you’ve applied to and been accepted to will send you financial aid offer letters stating how much you can receive in financial aid. In addition to grants, scholarships and Read More

6 Items to Complete the FAFSA Faster

The FAFSA process has been greatly simplified. If you have the following information at your fingertips, it takes most people about an hour to complete. Federal Student Aid ID (FSA ID) for both the parent and the student. You apply for this online at fsaid.ed.gov. Student’s Social Security number and date of birth 2018 federal tax Read More

The FAFSA is the First Step in the Financial Aid Process but What is It?

The Free Application for Federal Student Aid (FAFSA) is the first step in the college financial aid process. It must be completed every year by students seeking financial aid. Financial aid includes grants, scholarships, work-study programs and student loans. The application is free to complete. Don’t let anyone scam you and offer to complete it Read More

Weaponized Data Can Lead To Identity Theft

We get a lot of mail, even these days when so much of our communication is done electronically. Granted, most of it is not of interest to most of us and it goes directly into the trusty “File 13.” However, those pre-approved credit card applications, loan re-finance offers, bank statements, and the like are all Read More

BND’s College SAVE Partners with Pride of Dakota Events

BND’s College SAVE plan is thrilled to be joining Pride of Dakota members across the state this fall and winter at Harvest Showcase and Holiday Showcase events. Stop by our booth for answers to your questions about paying for college and to have photos taken of the children in our life – your ‘pride and Read More

Improve Your Technology IQ

You can drastically cut your workload in college if you have basic technology skills developed before you unpack your bags in the dorm room. Here are a few more things to think about: Master the keyboard: No more typing only with your thumbs or one finger. You’ll spend a good portion of your time researching Read More

Keeping Your Bank Account and Credit Cyber-Smart

Financial institutions and hacking go hand-in-hand these days and keeping your bank account and credit from being the next victim is more important than ever. The safest approach, although the least favorite, is assuming that if your data hasn’t yet been hacked that at some point it will be. Hacking banks and their account holders Read More

BND celebrates 100 years with special events

Bismarck – Bank of North Dakota (BND) is celebrating 100 years this month. In honor of its centennial anniversary, the Bank is holding special events including a celebration at its location, a College SAVE promotion, and the launch of TheBNDStory.nd.gov. These events complement the previously released “The Bank of North Dakota | From Surviving to Read More

Venmo User’s Transaction Information Up For Grabs

Word has it that some of us like to share our financial transactions with our friends…or in some cases the entire world. A researcher in Berlin found that nearly 210 million Venmo transactions were available for download to anyone who could find them. The researcher claimed to download 57,600 transactions per day, even after Venmo (owned Read More

New Banking Hack Steals Your Keystrokes

There’s a new malware attacking financial institutions according to a recent report by Kaspersky Lab. Since 2013 and possibly earlier, an advanced keylogging hack on Mexican banks was discovered using spearphishing and infected USB devices to gain access to bank accounts. Although the campaign, called Dark Tequila, specifically targeted Mexican banks, there’s no reason to believe Read More

Nearly 500 Million Fake Website Pages Invade 2018 Phishing Emails

The latest Kaspersky Lab report Spam and Phishing 2018 sheds a huge spotlight on the most popular hacking technique to date. In 2018, 482 million bogus websites were sent to inboxes everywhere. Users were hit with email phishing, including fake website pages. Never known to miss an opportunity, hackers used creative topics for lures, including the 2018 Read More

Bank of North Dakota releases limited edition coins

Bismarck – In celebration of its 100th anniversary in 2019, Bank of North Dakota (BND) has released a limited edition commemorative coin available in pure silver or antique brass. Only 750 silver coins and 650 antique brass coins are available for purchase online at bnd.nd.gov/store through the Dakota Institute collection, managed and marketed by Bismarck Read More

Bank of North Dakota releases book about its first 100 years

Bismarck, ND – Just one month before entering its 100th anniversary year, Bank of North Dakota has released the book, “The Bank of North Dakota – From Surviving to Thriving.” It is the third book ever written about the only state-owned bank in the country and chronicles the Bank’s first century, covering a history rich Read More

Get a new lease on life: Your guide to off-campus housing

For many college students, the independence that comes with living off campus teaches valuable life skills, such as paying bills, cooking, cleaning and managing a household. But sometimes the responsibilities of off-campus living can be a bit overwhelming. You need to learn how to navigate lease terms and communicate with your landlord. Here are a Read More

Become a credit card shark: Five tips for managing credit in college

Imagine you’re shopping online for back-to-school shoes when you spy an amazing pair of Nikes. They’re your favorite color, they have the perfect amount of traction and they only cost… $145. Whoa. Now you have a real dilemma on your hands. You don’t get your paycheck for another three weeks and even then you won’t Read More

Turn Friday night pizza into student debt freedom: Five tips for saving money and investing in your future

During your first few weeks of college, the next four years seem to stretch before you like a never-ending road. But before you know it, a semester has passed. Then, an entire school year.  Suddenly you find yourself halfway through your college career and about $14,000 in student debt. Yikes! At this rate, your post-grad Read More

Five ways to make summer reading a walk in the park

School’s out, the sun is shining, the grass is green and you can’t wait to hang out at the pool with friends. But wait a second… you’re only two years away from starting college (or scarier yet, only one year away). Didn’t your school counselor say something about preparing for college over the summer? Chances Read More

Test out of freshman year: Your guide to CLEP and DSST exams

What if you could skip college classes because you already learned the material in high school? Better yet, what if you could graduate a semester early and jump start your career, saving yourself time and money? If you take a College-Level Examination Program (CLEP) or DANTES Subject Standardized Test (DSST) exam after your senior year Read More