The Northern Seas Bank, also known as Vaygach Island Bank, was the central bank of that town. It disappeared (the town so did) with the July Reset, ending the Second Era. The bank was created by Dimavr2 around May or June 2015, as the main financial organization of Vaygach. The bank had a HQ in the town, near the sea, being one of the earliest buildings in the town. It has been usually compared with Papua Guinea Bank, main bank of Papua New Guinea, also founded by Dim.