Regulatory Alerts2024-03-01
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Monthly Bulletin — March 2024
The North Dakota Department of Financial Institutions issued this bulletin to inform the public and regulated entities of pending applications for state-chartered banks, credit unions, and trust companies. The document details specific regulatory actions, including the denial of a trade name request by Commonwealth Community Trust and the approval for Trust for the National Mall. Additionally, it announces the April 2024 usury rate for unregulated lenders at 10.438% and notes that Cornerstone Bank's facility closure application is currently in the comment period.
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