This is the participation loan model that the Bank of North Dakota uses.

这是北达科他州银行使用的参与贷款模式。

Eric says the Bank of North Dakota partners with private banks on these loans.

埃里克说，北达科他州银行与私人银行合作提供这些贷款。

These are called participation loans, and Eric says they're an important part of the Bank of North Dakota's mission.

这些被称为参与贷款，埃里克说它们是北达科他州银行使命的重要组成部分。

This business model - taking state money and loaning it back out - has paid off for the Bank of North Dakota.

这种商业模式——获取国家资金并将其贷出——已经为北达科他州银行带来了回报。

And the business model that these riled-up farmers came up with over a century ago is still in place today, and it's the Bank of North Dakota.

这些愤怒的农民在一个多世纪前提出的商业模式至今仍然有效，这就是北达科他州银行。

But within the 50 states of the U.S., there is just one public bank - the Bank of North Dakota, founded in 1919. Eric Hardmeyer is the bank's former president.

但在美国 50 个州中，只有一家公共银行——成立于 1919 年的北达科他银行。埃里克·哈德迈尔 (Eric Hardmeyer) 是该银行的前行长。

This track record for the Bank of North Dakota is appealing to public banking advocates in other places, like Melissa Marquez in Rochester, N.Y. It's been around for a long time - more than a hundred years - and they perform well.

北达科他州银行的这一业绩记录吸引了其他地方的公共银行倡导者，例如纽约州罗彻斯特的梅丽莎·马尔克斯。它已经存在了很长时间 - 超过一百年 - 并且表现良好。