Oil Patch banks scrambling as deposits outpacing lending
Published 11/24/2012, INFORUM
FARGO - Lakeside State Bank’s origins trace back to a three-bedroom home with an attached vault in newly organized New Town on the shore of Lake Sakakawea. The bank was founded with $35,000 in capital when it opened in 1952 to serve a new town created to replace communities flooded by Garrison Dam’s reservoir.Word count: 1257
The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.