Regulatory Alerts2022-09-01
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Monthly Bulletin — September 2022
The North Dakota Department of Financial Institutions issued this bulletin to report on various applications submitted by state-chartered banks, credit unions, and trust companies. The Commissioner and Board approved numerous name waivers for religious entities to use "trust" or "bank" in their trade names, alongside applications for facility changes, control transfers, and articles of association amendments. Additionally, the document announces the October 2022 usury rate for unregulated lenders at 7.841% and notes that one facility closure application remains in the comment period.
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