Bank of North Dakota
Bank of North Dakota opened on June 28, 1919 with the mission to promote agriculture, commerce and industry in North Dakota. In order to accomplish this mission, the Bank makes education of its residents a high priority. Bank of North Dakota administers a number of programs to help North Dakotans achieve their higher education goals: College SAVE, the College Planning Center, DEAL Student Loans and DEAL One Loans and North Dakota Dollars for Scholars.
For more information about the services or history of the Bank of North Dakota, please visit its website.
Since 1975, Vanguard has grown to become one of the world's largest investment management companies. Vanguard offers more than 100 no-load mutual funds - including money market, bond, balanced, and stock funds - all designed to help clients achieve their financial goals.1
In addition to Vanguard's low-cost funds, the company offers an extensive array of products and services, including brokerage services, variable and fixed annuities, financial advice and planning, and asset management services. To learn more, visit the Vanguard website.
Ascensus is a leading provider and administrator of 529 plans, focused on helping American families invest for college. As a manager of 529 plan services to state partners, the company administers individual accounts for college savers and provides customized recordkeeping and administration platforms.
As administrator, Ascensus Broker Dealer Services, Inc. works closely with states to help their 529 plan(s) operate smoothly and efficiently, and to develop innovative programs to help their residents save for higher education. To learn more, please visit the Ascensus College Savings website.
1All funds and annuities are subject to market risk, including possible loss of principal.
Ascensus Broker Dealer Services is the distributor of the North Dakota College SAVE plan, Learn more about Ascensus Broker Dealer Services, LLC on FINRA's BrokerCheck.
For more information about North Dakota's College SAVE Plan (College SAVE), call 1-866-SAVE-529 (1-866-728-3529) or click here to obtain a Plan Disclosure Statement. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Disclosure Statement; read and consider it carefully before investing. Ascensus Broker Dealer Services, LLC (ABD) is Distributor of the College Save.
Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.
College SAVE is a 529 plan established by the State of North Dakota. Bank of North Dakota (Bank) acts as trustee of College SAVE Trust, a North Dakota Trust, and is responsible for administering College SAVE Trust and College SAVE. ABD, the Plan Manager, and its affiliates, have overall responsibility for the day-to-day operations of the Plan, including recordkeeping and marketing. The Vanguard Group, Inc. (Vanguard) provides underlying investments for the Plan. The College SAVE's Portfolios, although they invest in mutual funds, are not mutual funds. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.
Investment returns are not guaranteed and you could lose money by investing in College SAVE. Participants assume all investment risks, including the potential for loss of principal, as well as responsibility for any federal and state consequences.
Not FDIC Insured. No Bank, State or Federal Guarantee. May Lose Value.
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