2023-09-01

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Monthly Bulletin — September 2023

The North Dakota Department of Financial Institutions issued this bulletin to inform the public of applications by state-chartered banks, credit unions, and trust companies. The document details the approval of several name waiver requests and a new local branch application, while noting that two merger applications remain under review. Additionally, the bulletin establishes the usury rate for unregulated lenders at 10.644% for October 2023.

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BULLETIN APPLICATIONS 10.2.2023 LPO Merger Name Waiver Usury

The usury rate for unregulated lenders the month of October 2023 is 10.644% 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, state￾chartered 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. Date Applicant Status 9/14/2023 Bell Bank, Fargo—Application to establish an LPO located at 4840 Bob Billings Parkway, Lawrence, KS. Approved by the Commis￾sioner 9/14/23 9/6/2023 Open Space Institute Land Trust, Inc., New York, NY—Request to use the word “trust” in the registered trade name of the business. Approved by the Commis￾sioner 9/7/23 9/8/2023 Cut Bank Enterprises, Mohall, ND—Request to use the words “bank” and “trust” in the registered trade name of the business. Approved by the Commis￾sioner 9/15/23 9/28/2023 The Land Trust Alliance, Inc., Washington, DC—Request to use the word “trust” in the registered trade name of the business. Approved by the Commis￾sioner 9/28/23 6/29/2023 First Western Bank & Trust, Minot—Application to merge State Bank of Lismore, Lismore, MN, with and into First Western Bank & Trust. In Review 9/1/2023 United Savings Credit Union, Fargo—Application to merge Freedom Com￾munity Credit Union, Fargo, with and into United Savings Credit Union In Review