Regulatory Alerts2026-03-01
Added · Updated
Monthly Bulletin — March 2026
The North Dakota Department of Financial Institutions issued its March 2026 Bulletin to inform the public and regulated entities of pending and concluded regulatory actions. The document details applications for branch establishments, bylaw amendments, mergers, and changes of control, noting specific approvals by the Commissioner or State Credit Union Board and items currently under review. Additionally, it announces the denial of a name waiver request and publishes the usury rate for unregulated lenders as 9.082% for April 2026.
BULLETIN APPLICATIONS 4.1.2026 Branch 3/31/2026 Town and Country Credit Union, Minot, ND – Request to establish a branch at 3100 10th St SW, Minot, ND. In review 3/2/2026 Bravera Wealth, Dickinson, ND – Application to establish an interstate trust branch at 820 34th Ave E, West Fargo, ND. Approved by the Commissioner 3/23/2026 Bylaw Change 1/26/2026 Dakota West Credit Union, Watford City, ND – Request to amend bylaws. Approved by SCUB 3/19/2026 2/19/2026 Hometown Credit Union, Kulm, ND – Request to amend bylaws. Approved by SCUB 3/19/2026 3/30/2026 First Community Credit Union, Jamestown, ND – Request to amend bylaws. In review Change of Control 3/31/2026 First Holding Company of Cavalier, Inc., Cavalier, ND – Change of Control Application for Barbara J. Mayo 2020 GST Trust to join the Mayo Family Shareholder Group, a group acting in concert that controls United Valley Bank, Cavalier ND. In review Facility Closure 3/24/2026 First United Bank, Park River, ND – Application to close facility located at 407 5th Ave, Cando, ND. In comment period Interstate Branch 3/17/2026 Cornerstone Bank, Fargo, ND – Application to establish an interstate branch at 104 1st Ave NW, Watertown, SD. In comment period Loan Production Office 2/23/2026 Cornerstone Bank, Fargo, ND – Application to establish a loan production office 104 1st Ave NW, Watertown, SD. Approved by the Commissioner 3/3/2026 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. Approved by the Commissioner 3/19/2026 Name Waiver 2/27/2026 AmeriTrust Auto, LLC d/b/a AmeriTrust Financial, Fort Worth, TX – Request to use word “trust” in registered name. Denied by the Commissioner 3/10/2026 Usury Rate The usury rate for unregulated lenders for the month of April 2026 is 9.082%.
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.