Regulatory Alerts2024-08-01
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Monthly Bulletin — August 2024
The North Dakota Department of Financial Institutions issued this bulletin to inform the public and financial institutions of recent regulatory actions and applications. The document announces the September 2024 usury rate for unregulated lenders at 10.555% and details specific approvals, including a name waiver for a private business trust and an interstate branch address update for First Community Credit Union. Additionally, it notes that an application to establish a new trust company is currently under review while a loan production office application for Bell Bank has been approved.
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