News Topic: North Dakota
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North Dakota retailers sue Fed, demand lower debit fees
Coronavirus surge in Upper Midwest has bankers on edge
The region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse. ... Read full article
Dakotas credit union trade group tweaks branding
The new name is the third time the association has modified its name since leagues for the two states merged in 2007. ... Read full article
Leader of North Dakota bank abruptly resigns
BNCCORP named an interim CEO as it looks for a permanent successor for Timothy Franz. ... Read full article
North Dakota bank taps insider as its next leader
Gate City Bank announced that Kevin Hanson, who has been at the bank for 36 years, will succeed Steve Swiontek as CEO next month. ... Read full article
American Bancor adds scale in Montana with latest bank deal
The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank. ... Read full article
State Bankshares in N.D. to sell employee-benefits business
The parent of Bell Bank said that the pending sale of Discovery Benefits is not a prelude to selling its bank. ... Read full article
Two new Republicans added to Senate Banking Committee
Sens. Kevin Cramer, R-N.D., and Martha McSally, R-Ariz., will fill the two GOP vacancies in the new Congress. ... Read full article
North Dakota seeks waiver from appraisal requirements
The state became the first in the country to ask federal regulators for a temporary waiver, citing a shortage of available appraisers. ... Read full article
N.D. bank buys electronic payments processor InterceptEFT
First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms. ... Read full article
What’s driving the push for more public banks?
Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana ... Read full article
Choice Financial in N.D. to enter Minneapolis with Venture Bank deal
Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking. ... Read full article
Bell Bank's unusual approach to winning customers' hearts
An episode of Oprah changed how this North Dakota bank thinks about corporate giving. But the way it distributes donations is not the only thing that sets it apart. Call Michael Solberg crazy if you want, but he says the results validate Bell's ... Read full article
Two North Dakota community banks to merge
A deal between Pembina County Bankshares and Drayton Bancor would combine two small banks that operate on both sides of the North Dakota-Minnesota border. ... Read full article
Intervention Energy Holdings LLC Files for Chapter 11 Protection
Another North Dakota shale oil driller has filed for bankruptcy protection. On May 20, 2016, Intervention Energy Holdings LLC, and its affiliates (“Debtors”) sought chapter 11 protection from the United States Bankruptcy Court for the District of ... Read full article