Bank helping government employees affected by partial shutdown

South Dakota News

A South Dakota bank is helping government employees hurt by the partial shutdown. 

The First Dakota National Bank said in a release Thursday that they are offering loans through what they call the Federal Employee Shutdown Relief Loan Program. 

Qualified government employees affected by the shutdown can apply for loans of up to three months of their net pay.  The loans have no interest and no fees. 

“Federal employees affected by the government shutdown are in a very challenging position, through absolutely no fault of their own,” said First Dakota National Bank CEO Larry Ness. “We can’t reopen the government, but our hope is that this program can provide those hard-working people with some relief in the meantime.”

Any government employees don’t need to be customers of First Dakota to apply, but they must live or work in one of the bank’s service communities or surrounding areas. The programs will still be running 30 days after the federal government reopens in case they need to recover from the impact of the shutdown.

First Dakota has banks in the following South Dakota towns: Elk Point, Beresford, Vermillion, Wagner, Yankton, Blunt, Chamberlain, Kimball, Mitchell, Oacoma, Parkston, Pierre, Salem, and Wagner.

The locations of bank branches can be found here

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