The bank try doing work in each other head lending and you will participation fund (financing from the bank courtesy participation that have various other financial institution), which have an emphasis to your second
Alternatively, Financial regarding Northern Dakota was created to spouse along with other economic organizations and you can help her or him from inside the fulfilling the needs of the fresh customers off North Dakota” (
Northern Dakota rules need every county finance getting placed within the the lending company (Letter.D. Penny. Password, § 6-09-07). Most of the dumps try guaranteed by state and so are excused out of all the county, state, and you https://perfectloans24.com/payday-loans-wv/beckley/ will municipal taxes (id.
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