An official website of the State of North Dakota
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 State College (BSC) students, or at the BSC Bookstore located in the BSC Student Union.
One side of the 1.5-inch coin features the Bank of North Dakota building. The other side recalls the Bank’s mission statement “To promote agriculture, commerce and industry” which has remained unchanged for its 100 years of existence. The pure silver coin contains 1 troy ounce of .999 fine silver. The silver coining die was specially prepared to provide a mirror-polished background with frosted highlights on the coin.
The only successful state-owned bank in the United States, BND has overcome numerous challenges throughout its 100 years to become the successful institution it is today. Although there have been many attempts by other states to establish a similar institution, most failed before 1900. Throughout history, BND has been an agile arm of North Dakota state government, providing loans and programs to help residents achieve higher education, farmers and ranchers to continue and grow operations, businesses to start and expand, and communities to recover from disaster and most recently, build infrastructure.
“This coin celebrates the fascinating history of Bank of North Dakota and its impact on the lives of North Dakota residents,” stated Eric Hardmeyer, president of BND. “It is a tribute to those who fought to overcome the challenges and created the successful institution it is today.”
The Bank of North Dakota is a state agency. It is overseen by the Industrial Commission which includes Governor Doug Burgum, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring.
For more information or media requests, contact Janel Schmitz Communications and Marketing Manager, Bank of North Dakota 701.328.5880 or janelschmitz@nd.gov