First Community Credit Union recognized for housing loans
The recognition was from USDA Rural Development
In celebration of Homeownership Month in June, Erin Oban, state director of U.S. Department of Agriculture Rural Development, recognized the top three North Dakota lending partners to support rural homeownership thus far in fiscal year 2022. These three lenders helped rural individuals and families buy homes through USDA Rural Development’s Single Family Housing Guaranteed Loan Program .
The agency presented awards to the following institution leaders and their mortgage teams:
- First Community Credit Union, based in Jamestown.
- Gate City Bank, based in Bismarck.
- Dakota Community Bank & Trust, based in Bismarck.
“For countless reasons, the dream of homeownership has become increasingly difficult to reach for too many working people, families and seniors living on fixed incomes,” said Oban. “Affordability and accessibility of housing is an enormous challenge in many North Dakota communities, but in partnership with USDA Rural Development, these lenders are leading their industry in assisting our state’s most rural residents to find places they can call home. Together, with lenders like First Community Credit Union, Gate City Bank, and Dakota Community Bank and Trust, USDA Rural Development is strengthening communities, providing stability for families, and building generational wealth by helping North Dakotans become homeowners.”