Regulatory Alerts2026-01-01
Added · Updated
Monthly Bulletin January 2026
The North Dakota Department of Financial Institutions' January 2026 Monthly Bulletin provides updates on financial institution applications and sets the usury rate for unregulated lenders. Key application statuses include the approval of name waivers for zerohash trust company llc and the Roman Catholic Diocese of Bismarck, while a new trust company application from Trust Company of the Dakotas was denied. Other applications, such as a bylaw change for Dakota West Credit Union, an interstate branch for Bell Bank, and a merger involving First United Bank, are awaiting approval or are in a comment period, and the usury rate for unregulated lenders in February 2026 is 9.184%.
BULLETIN APPLICATIONS 2.2.2026 Bylaw Change 1/26/2026 Dakota West Credit Union, Watford City, ND – Request to amend bylaws. Awaiting Board approval Name Waiver 1/8/2026 zerohash trust company llc, Ashville, NC – Request to use the word “trust” in the registered trade name. Approved by the Commissioner on 1/26/2026 1/29/2026 Roman Catholic Diocese of Bismarck, Bismarck, ND – Request to use word “trust” in the registered name “The Diocese of Bismarck Priests Pension Trust Agreement”. Approved by the Commissioner 1/29/2026 1/30/2026 Bankers Life Agency, Inc., Carmel, IN – Request to use word “bankers” in the registered name. In review Interstate Branch 1/21/2026 Bell Bank, Fargo, ND – Application to establish an interstate branch at 14091 Baxter Drive, Baxter, MN. In comment period Merger 1/22/2026 First United Bank, Park River, ND – Application to merge First State Bank of Cando, Cando, ND with and into First United Bank. In comment period Trust Company 7/16/2025 Trust Company of the Dakotas, Minot, ND – Application to establish a new trust company. Application denied by the State Banking Board on 1/7/2026 Usury Rate The usury rate for unregulated lenders for the month of February 2026 is 9.184%. 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.