Independent Banker - April 2023 - 68
CONNECTIONS COMMUNITY SPIRIT
Native American Bank
helped fund an opioid
treatment center in
Indian country.
Supporting recovery and
healing in Indian country
Native American Bank secured financing for the construction of a $10 million opioid treatment
clinic in North Dakota as just one effort in a series of community projects. By Bridget McCrea
n an average day, 250
Americans die from a drug
overdose. This number has increased
over time, rising sharply during the
pandemic and disproportionately
affecting American Indian and Alaska
Native people.
O
The Turtle Mountain Band of
Chippewa (TMBC) in Belcourt,
N.D., is one of the tribes affected by
America's opioid epidemic. After
Denver-based Native American Bank
heard it was in need of an opioid
treatment facility to address the
problem, the $230 million-asset
community bank used tax credits and
a USDA loan guarantee to help the
tribe bring a new $10 million facility
to the reservation.
TMBC is a geographically isolated
tribe comprising about 31,000
members. According to the Institute
of Museum and Library Services
(IMLS), the tribe is dealing with
68 // ICBA Independent Banker // April 2023
multigenerational distress, a nearly
70% unemployment rate, insufficient
education and rising crime rates-
some of which can be attributed to
drug trafficking issues.
" This tribe is situated in extreme
northern North Dakota and has
a decent land base, but it's very
remote by virtue of its location, "
says Shannon Ward, senior VP
and chief lending officer at Native
American Bank. " Because of this, the
Photo courtesy of Native American Bank
Independent Banker - April 2023
Table of Contents for the Digital Edition of Independent Banker - April 2023
Independent Banker - April 2023 - Cover1
Independent Banker - April 2023 - Cover2
Independent Banker - April 2023 - 1
Independent Banker - April 2023 - 2
Independent Banker - April 2023 - 3
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Independent Banker - April 2023 - 24A
Independent Banker - April 2023 - 24B
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Independent Banker - April 2023 - Cover3
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