As part of the Economic Development Rural Initiative Program, Dakota Business Finance established an annual program to present community lending awards.
On Wednesday, Oct 9, the communities of Milford and Odebolt were presented with awards and special recognition was given to the lenders who contributed to receiving the award.
We are proud to congratulate our own commercial banking expert, Kevin Owens, for his assistance with the Odebolt loan!
Communities with a population of 50,000 or less are eligible for this award. The ultimate goal is to help grow the local economic development corporation with money. The winning communities were selected based on the number of loans approved in the fiscal year per community. In the event of a tie, the loan volume of the loans will be the deciding factor.