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GgoogleMX first seen 11 d ago, last 9 d ago, peak #3

North Dakota's state-owned bank draws fresh attention

Original: it

The Bank of North Dakota, the only state-owned bank in the United States, is being highlighted as a thriving 'socialist' institution operating in a Republican-led state. Founded in 1919, it partners with local banks to support farmers, students and small businesses. Commentators are pointing to it as an unusual example of public banking succeeding in a conservative political environment, fueling debate over whether other states should follow the model.

Why now: Public banking has become a talking point in US political debates, and the contrast between the bank's socialist label and its conservative home state is drawing interest

Bank of North DakotaNorth DakotaCNBC

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