Regulatory Alerts2025-12-01
Added · Updated
Monthly Bulletin — December 2025
The North Dakota Department of Financial Institutions issued this bulletin to inform the public and financial institutions of recent regulatory actions and pending applications. The document announces the January 2026 usury rate for unregulated lenders at 9.288% and details the approval of name waivers for several entities, including the Richard Monson Charitable Trust and WaFd Bank. Additionally, it notes the approval of Bell Bank's applications for a loan production office and a deposit production office in Baxter, Minnesota, while scheduling a public hearing for the establishment of a new trust company by the Trust Company of the Dakotas.
Date Applicant Status
The usury rate for unregulated lenders for the month of January 2026 is 9.288%. Usury Department of Financial Institutions www.nd.gov/dfi 1200 Memorial Highway Bismarck, ND 58504 (701)328-9933 This Bulletin informs North Dakota financial institutions and the public of applications by state -chartered banks, statechartered credit unions, and trust companies to be acted upon. This Bulletin is for informational purposes only and does not constitute legal notice of an application. BULLETIN APPLICATIONS 12.30.2025 Name Waiver 11/26/2025 Richard Monson Charitable Trust, Bismarck, ND—Request to use the word “trust” in the registered trade name. Approved by the Commissioner on 12/1/2025 12/5/2025 Bankshot Campaigns, Portal, ND—Request to use the word “bank” in the registered trade name. Approved by the Commissioner on 12/11/2025 12/12/2025 WaFd Bank, Seattle, WA—Request to use the word “bank” in the registered trade name. Approved by the Commissioner on 12/29/2025 Trust Company 7/16/2025 Trust Company of the Dakotas, Minot, ND—Application to establish a new trust company. Public hearing scheduled for 1/7/2026 at 1:00 PM at 1600 E Century Ave, Bismarck, ND Loan Production Office 12/10/2025 Bell Bank, Fargo, ND—Application to establish an LPO at 13760 Bluestem Court, Suite 150, Baxter, MN Approved by the Commissioner on 12/11/2025 Deposit Production Office 12/10/2025 Bell Bank, Fargo, ND—Application to establish an DPO at 13760 Bluestem Court, Suite 150, Baxter, MN Approved by the Commissioner on 12/11/2025