First Dakota offering interest-free loans to federal employees affected by government shutdown

First Dakota National Bank has set aside $10 million to provide a no-interest, no-fee loan program for credit-qualified federal employees affected by the government shutdown.

Through the Federal Employee Shutdown Relief Loan Program, borrowers can apply for loans of up to three months of their net pay. Applicants are not required to be existing customers of First Dakota to qualify, but they must live or work in one of First Dakota’s service communities. Those towns are: Sioux Falls, Yankton, Mitchell, Pierre, Vermillion, Chamberlain, Beresford, Elk Point, Parkston, Wagner, Salem and Kimball.

Federal government employees interested in the loan program are encouraged to talk to a First Dakota banker or visit a local branch for details. Contact information is available at www.firstdakota.com/locations.