(KNOX) – The state-owned Bank of North Dakota reported record profits of $192.7 million at year-end 2023 that put total assets over the $10 billion mark.
The bank’s profits are used to support loan participations with partner financial institutions and to support disaster recovery programs.
Profits may also be used to support legislatively directed loan programs and capital transfers to the general fund as needed.
Excess earnings are retained and accumulated to fund capital.
This year, the Bank originated and renewed more than 10,700 loans.
Copies of the 2023 Annual Report are available at www.bnd.nd.gov.
Crash Near Euclid Claims Life of Roseau Man
(KNOX) - A single vehicle crash in Euclid (MN) on Monday has claimed the life of a 65 year old man. The Polk County Sheriff's Department identified the driver as Dale Jensen of Roseau (MN). Jensen was alone in the vehicle and was pronounced dead at t...
May 20, 2026
Wages Increase in Grand Forks County
(KNOX) - Average annual wages in Grand Forks County climbed 2.9% in 2025 according to a new report from North Dakota Job Service. That pushes the average salary to $61,513. Paychecks climbed in 44 of the state's 53 counties last year. Oliver County r...
May 15, 2026
Knutson Printing Gets Go-Ahead for Rebuild
(KNOX) - The Grand Forks City Council gave final approval Monday to move that allows Knutson Printing to rebuild its print shop on University Avenue. The building was heavily damaged by a fire in January. The council agreed to rezone the property at ...
May 19, 2026
Truck Hauling Burning Lumber Creates Fire Scare Thursday
(KNOX) - A truck hauling burning embers with a still-burning flame created fires in five locations during Thursday's Red Flag Warning. According to a release from the Grand Forks County Sheriff's office, the department received a report of a semi wit...
May 15, 2026
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