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North Dakota does not need Secession it did Something Better Years Ago!
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[quote:Anonymous Coward 27529312:MV8yMDUwNTE2XzM0NDkxOTMzXzQ2MEYyMDE=] all banks are business - all of them, period! You deposit money into them under the guise it's safe. They give you a paltry 1% if even, return for your money sitting while they take your money and loan it upwards of 5-6% return for themselves. If everybody just became their own bank they would cease to exist. Buy a bolt down large safe and withdraw your money from the bank. Put it into your own safe and then it is there for you to invest as you see fit with 100% of profit going to you instead of banks. In the event of any financial crisis, bank holiday or natural disaster in your area - you will learn how you have zero control over your own money when deposited in banks. That goes for credit unions too. How many people do you really know that are liquid. Always have cash on hand? You know the ones that you ask to borrow cash when you get in a crunch? Well, they are the ones that get it. Everyone else is just waiting to get spanked by their mommy and daddy banks when they close their doors and cut you off from your hard earned money - just remember you willing gave it to them and willingly accepted their less then 1% return while willingly accepting their 5-6% return using your money. How stupid is that? [/quote]
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link to banknd.nd.gov
]
Welcome!
As the only state-owned bank in the nation we act as a funding resource in partnership with other financial institutions, economic development groups and guaranty agencies. We have four established business areas: Student Loans, Lending Services, Treasury Services and Banking Services. BND’s support services and dedicated employees provide you with the best customer service.
Lending Services announces Rural Mortgage Loan Program extension and Affordable Housing Program
The Rural Mortgage Loan Program will continue with a new commitment of $10 million from Bank of North Dakota. The program allows rural financial institutions that are not FHA approved with the ability to make and sell residential loans in rural North Dakota.
The Bank announced the Flex PACE Affordable Housing Program. This pilot program will assist in the financing of affordable multi-family housing units for individuals living in counties affected by oil and gas development.
All the profits of its bank goes back to the people, instead of being shoveled into private pockets mostly overseas. North Dakota is not being strangled by the Federal Reserve and Wall Street to the same extent as elsewhere in the USA. While the economy collapses in other States, North Dakota has a sound footing. Why secession when State Banks like this all over the nation would solve many more problems.
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