First Indian-owned bank in North Dakota opens

Friday, January 18, 2008  

A grand opening ceremony on Thursday celebrated the first Indian-owned bank in the state of North Dakota.

Turtle Mountain State Bank is located in Belcourt, on the Turtle Mountain Chippewa Reservation. It's the first privately-owned bank to be located on a reservation.

"To have a financial institution in the heart of the community will have a major economic impact for the people of the Turtle Mountains," said James Laducer, one of the bank's shareholders.

Sen. Kent Conrad (D-North Dakota) and Gov. John Hoeven (R) attended the grand opening.

Get the Story:
Belcourt's first bank is also first privately-owned American Indian bank in U.S. (The Minot Daily News 1/18)
N.D. reservation gets its first bank (The Jamestown Sun 1/18)
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First Native American Bank in the state to celebrate its grand opening (Turtle Mountain State Bank 1/17)

$rl Turtle Mountain State Bank - http://www.tmstatebank.com