Economic Forecast: Money Doesn’t Grow on Trees?

It’s not necessarily a problem – finding ways to spend billions of dollars. It’s a question North Dakota’s legislators aren’t taking lightly, though. And the swelling Legacy Fund is certainly the most obvious evidence of the state’s super-charged economy – and the reason economic forecasters see nothing but blue skies ahead. From energy to agriculture,… [More…]

Industry Focus: Bankers

Recently, executives representing banking interests from around the state met at the Bismarck offices of the North Dakota Department of Commerce to discuss the banking boom and its impact on the state.

Paul Rechlin, Lewis & Clark Regional Development Council; Dennis Rodin, USDA – Rural Development; Bob Humann, Bank of North Dakota; Craig Larson, Starion Financial; Tim Hennessy, U.S. Bank; Dean Reese, North Dakota Development Fund; Bon Wikenheiser, North Dakota Small Business Development Center; Robert J. Entringer, North Dakota Department of Financial Institutions; Steven Swiontek, Gate City Bank; Rob Landblom, Roosevelt Custer Regional Council for Development; Dale Pahlke, Dakota Community Bank; Jerry Hauff, Cornerstone Bank; Dale Van Eckhout, Small Business Administration North Dakota; Rick Clayburgh, North Dakota Bankers Association, Ernest Strube, Goose River Bank [More…]

The People’s Lawyer

The Attorney General, one of twelve statewide elected officials in North Dakota, provides legal services and opinions to state officials, legislators, county state’s attorneys and city attorneys. The office also enforces the Open Meetings and Open Records laws, and issues opinions in response to complaints alleging violations of those laws. In addition to serving as… [More…]

Banking on a Boom: North Dakota’s Banking Industry

Banks move in cycles just like any other business, flexing and changing with the boom and bust cycles of regional economies. North Dakota’s current boom economy with oil, natural gas, housing and construction is presenting banks with challenges – some of them quite welcome, some of them frustrating. The Banking Environment: “Hello, My Name Is” For… [More…]