Regulatory Alerts2022-04-01
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Monthly Bulletin — April 2022
The North Dakota Department of Financial Institutions issued this bulletin to inform the public and financial institutions of pending applications by state-chartered banks, credit unions, and trust companies. The document lists specific regulatory actions, including approvals for name waivers allowing entities like Trustmark Enterprises and Bridge Trust USA to use 'trust' in their trade names, and a preliminary application regarding a change in control for First Financial Corporation. Additionally, the bulletin establishes the usury rate for unregulated lenders at 7.00% for May 2022.
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