Tag: First National Bank of Omaha
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Strong local economies are the financial backbone of our communities. Businesses of all types and sizes provide us with the things we need and want, while creating income and wealth for the individuals they employ.
First National Bank has provided a $2 million Equity-Equivalent Investment to the Dakota Resources Capital Investment Fund, announced Jeff Jones, Market President, First National Bank.
The $2 million investment, which includes the renewal of an existing $700,000 Equity-Equivalent Investment from the bank plus an additional $1.3 million, reflects First National Bank’s commitment to building strong local economies in the South Dakota rural market.
The investment will be used as loan funds to support businesses, affordable housing and other community development projects in the rural South Dakota counties of Yankton, Bon Homme, Beadle, Davison, Sanborn and Hanson through Dakota Resources Capital Investment Fund loans to development organizations serving those markets.
“At First National Bank, we believe that a successful community is one that is home to local businesses of all sizes and types that produce a variety of goods and services. That’s why we … Read More »