BISMARK (KCND) – The President and CEO of the North Dakota Bankers Association, Rick Clayburgh. says despite the recent failure of two banks, the U-S banking system is sound.
He says North Dakota customers can rest assured there’s good management of North Dakota banks and that their deposits are safe and secure.
Clayburgh says the recent bank failures are isolated and likely involve a management issue and they have not “rippled” into North Dakota.
Clayburgh says now that the federal government has stepped in, nerves have settled and things appear to be back on the highway and moving forward.
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