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Bank of North Dakota announces 'Thank Your Bank or Credit Union Month' initiative Five submissions will be selected randomly and the community from which they are drawn will receive $5,000 to use toward an education-related organization or activity approved by Bank of North Dakota. 3:42 pm, May 2, 2021 × May has been declared “Thank Your Bank or Credit Union Month” by Governor Doug Burgum. Financial institutions across the state are being recognized for the role they play in supporting their local communities economically and through their philanthropic efforts. R...

"We came. We saw. We concurred." -- Sen. Ray Holmberg, R-Grand Forks, on the House and Senate avoiding a conference committee on the higher education budget. q     q     q “If you wonder why voters are angry, just take a look at this.” -- Rep. Rick Becker, R-Bismarck, criticizing a since-defeated proposal to give state backing to an amusement park in Jamestown. q     q     q “I am satisfied that we have addressed a problem that has existed for 12 years.” -- MHA Nation Chairman Mark Fox, after the Legislature approved a new tax-sharing formula for oi...

Bank of North Dakota President Eric Hardmeyer on Tuesday announced his retirement, effective July 6.

Just over two months into the new year, 2021 has already seen a flurry of public banking activity. Sixteen new bills to form publicly-owned banks or facilitate their formation were introduced in eight U.S. states just in January and February. Ellen Brown Two bills for a state-owned bank were introduced in New Mexico, two in Massachusetts, two in New York, one each in Oregon and Hawaii, and Washington State’s Public Bank Bill was re-introduced as a “Substitution.” Bills for city-owned banks were introduced in Philadelphia and San Francisco, and bills facilitating the formation of public...

by Ellen Brown Faced with the dire Covid-19 crisis, some lawmakers are starting to see publicly-owned banks as the key to ensuring an equitable economic recovery. Just over two months into the new year, 2021 has already seen a flurry of public banking activity.  Sixteen new bills to form publicly-owned banks or facilitate their formation were introduced in eight U.S. states in January and February. Two bills for a state-owned bank were introduced in New Mexico, two in Massachusetts, two in New York, one each in Oregon and Hawaii, and Washington State’s Public Bank Bill was re-introduced a...