Category: BND News

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

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

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

The benefits of local contacts

The benefits of local contacts Have you connected with resources in your community? Ashton Hauff, founder of Makewell in Bismarck, North Dakota, has provided a powerful forum for locals to encourage, learn from and inspire each other. Read on to learn more. Provide a brief history and overview of Makewell. Makewell was created out of Read More

Financial literacy workshops are a hit!

Bank of North Dakota is committed to helping residents make smart financial decisions. In fact, we believe the need for education is so critical that we’ve dedicated a full-time employee to the effort. Lance Hill has participated in financial literacy efforts for the Bank for more than 10 years. The most popular presentations include:   Read More

Why is financial literacy so important today?

Major shifts in the economic practices in our country are the impetus for increasing financial literacy. According to Kristina Zucchi, CFA, in a recent Investopedia article, Americans have more financial decisions to make than ever. Past generations relied on pension plans for retirement. As that practice has changed to a variety of retirement investment options Read More

Predicting the future

The crystal ball concept is a good one. If we could just see into the future, we would know if Decision A leads to Outcome A, or if we choose Decision B, what change does that make to give us Outcome B? The North Dakota Legislature frequently asks these types of questions, and now with Read More

Inspiration engineered: The Myriad Mobile story

Inspiration engineered: The Myriad Mobile story Myriad Mobile is a story sure to encourage any entrepreneur. The combination of relentlessly pursuing a successful business model and accessing the ‘myriad’ of financing options to accomplish them has been their recipe for success. Please tell us about Myriad Mobile. When did you start? What services do you 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

The benefits of international contacts

The benefits of international contacts Our world has undoubtedly become more connected with advancing technology. Is your community or business taking advantage of resources available to you? The Consulate General of Canada’s office is one such entity that has proven valuable to North Dakota companies that have worked with them. Read on to learn more. What Read More

Midco believes in community involvement

Thanks to Pat McAdaragh, CEO and President of Midco, for sharing his thoughts on the role of telecommunications in economic development. They recently donated $10,000 to North Dakota Dollars for Scholars to fund technology industry-related scholarships. Provide a brief history and overview of Midco? Midco started as a movie theatre company back in 1931 and Read More

Addressing infrastructure needs in Valley City

City Administrator David Schelkoph, Valley City, North Dakota, shared his community’s perspective on infrastructure funding and how Sheyenne River flooding impacts those needs. Tell us about the problem you needed to address and how it was affecting your community. I am sure your readers have heard this before from across the state, but Valley City Read More

Bank of North Dakota prepares for 100th anniversary celebration

Bismarck – Bank of North Dakota (BND) is preparing to celebrate its 100th anniversary in 2019 and is asking the public for assistance. Historical artifacts from the Bank such as letters, memorabilia and promotional items are being accepted. In addition, the Bank is seeking stories from farm families who were assisted by the Bank during Read More

Economic Development in Williston, ND

Economic Development Director for the City of Williston, Shawn Wenko, provides insight on the changes and growth Williston has experienced over the last five years. Describe the economic landscape in the Williston area. We have experienced a considerable uptick in economic activity this year. Sales tax distributions, hotel and apartment occupancy and single-family home sales Read More

Go Wireline

Our thanks to Lucas Gjovig, owner of Go Wireline LLC – a highly successful North Dakota-based business, for sharing his thoughts on entrepreneurship. Please tell us about Go Wireline. What services do you provide? Go Wireline is an oil field service where tools are run into a well via a truck with a spool of wireline. We Read More

Oasis Petroleum

Oasis Petroleum is a successful independent exploration and production company focused on oil and natural gas development in the Williston Basin. They shared thoughts on entrepreneurship and the company in a recent Q&A. What services do you provide? When did you start? Oasis is an independent exploration and production company focused on oil and natural gas Read More

Entrepreneur’s perspective

Our thanks to Garrett Moon, CEO and Co-Founder of CoSchedule – a highly successful North Dakota-based business, for sharing his thoughts on entrepreneurship. Please tell us about CoSchedule. When did you start? What services do you provide? Justin, my Co-Founder, and I were running a web development and marketing consulting company and executing all our Read More

Same Day ACH simplifies state government transactions

The Automated Clearing House (ACH) Network is an electronic payment network used by individuals, businesses, financial institutions and government organizations. The network allows funds to be electronically debited or credited to a checking account, savings account, financial institution general ledger account or loan account. The ACH Network is a batch processing, store-and-forward system. Transactions are Read More

Hazen Memorial Hospital Association reinvesting in the community

Since 1941, the residents of Dunn, Mercer and Oliver counties have relied on Hazen Memorial Hospital Association – DBA (doing business as) Sakakawea Medical Center (SMC) – for quality care. This community-owned, not-for-profit organization has endured healthcare changes and all profits are reinvested back into the community’s healthcare needs. One of the most recent investments Read More

Natural Gas in Rugby: Is the community interested and willing to connect?

Access to natural gas can reduce heating costs and bring vibrancy and growth to a community, but it takes an investment to get access. That’s why Rugby Job Development Authority (JDA) is conducting a feasibility study to gauge the community’s “interest and willingness to connect to natural gas” before further investment. The results of the Read More

Prime Rates change

For the first time in seven years, the Federal Reserve raised its interest rates and other banks have followed suit.

New loans address North Dakota infrastructure needs

During the 2015 Legislative Session, the North Dakota Legislature added three new loan programs to BND’s offerings. These programs are designed to help meet various infrastructure needs in the state. The Medical PACE Program provides an interest buydown to help finance critical access hospital medical expansion or improvement projects in communities of less than 20,000 Read More