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First National Bank Invests in Dakota Resources

First National Bank Invests in Dakota Resources

Photo: WNAX


First National Bank is providing two million dollars in an equity-equivalent investment to Dakota Resources. The funding will be targeted to Beadle, Bon Homme, Davison, Hanson, Sanborn and Yankton counties.

Beth Davis, President of Dakota Resources, says the funding will help with all sorts of business developments…..

Davis says they put very few restrictions on the use of the money…..

Davis says they can do the background work for the local development groups…..

The equity will be funneled through Dakota Resources Capital Investment funds.

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