The Bank of North Dakota : from surviving to thriving -- the first 100 years
The Bank of North Dakota is the only state-owned bank in the United States. BND grew out of a farm protest movement early in the 20th century. North Dakota farmers saw the Bank as an answer to recurring money problems that had plagued the grain-growing frontier for more than a century, and they were motivated by the economic dominance of railroads and grain traders. Founded in 1919, the Bank survived political attacks and legal challenges before...