It was established by Bondeungdomslaget i Oslo in 1921, which bought half the primary capital certificates.
The bank had Nynorsk as it language of business.
It was bought by Vestlandsbanken, a Bergen-based Nynorsk-bank, in 1975, for 1.1 million Norwegian krone.
The sales price was transferred to Oslo Nye Sparebanks Fond, a charitable foundation which grants money to Nynorsk-based activities in the Oslo area.
This Norwegian bank or insurance-related article is a stub.