Regulatory Alerts2025-03-01
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Monthly Bulletin — March 2025
The North Dakota Department of Financial Institutions issued this bulletin to inform the public and financial institutions of recent applications and approvals for state-chartered banks, credit unions, and trust companies. The document details specific regulatory actions, including the approval of Pacific Premier Bank's name waiver, Town and Country Credit Union's CUSO expansion, and First Western Bank & Trust's new loan production office. Additionally, it notes that Bravera Wealth's application for an interstate trust branch is currently under review.
Date Applicant Status
The usury rate for unregulated lenders for the month of April 2025 is 9.707%. 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. Name Waiver 3/24/2025 Pacific Premier Bank, National Association, Irvine, CA—Request to use the word “Bank” in the registered trade name. Approved by the Commissioner 3/31/2025 CUSO 2/14/2025 Town and Country Credit Union, Minot, ND—Application to add an appraisal service to existing CUSO. Approved by the SCUB 3/7/2025 BULLETIN APPLICATIONS 04.01.2025 LPO 2/27/2025 First Western Bank & Trust, Minot, ND—Application to establish a LPO at 3001 N Alma School Road, Chandler, AZ. Approved by the Commissioner 3/3/2025 Interstate Branch 3/5/2025 Bravera Wealth, Dickinson, ND—Application to establish an interstate trust branch at 11102 57th St NE, Albertville, MN. In review.