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The Division of Banking is charged with the regulation and supervision of state chartered and licensed financial institutions, to maintain stability and public confidence in state chartered institutions and to protect public interests.
We promote the safety and soundness of state chartered financial institutions by identifying, monitoring and addressing risks to those institutions. Learn more About Us.
2017 Legislative Updates
The documents available below providing guidance from the Division of Banking are in Adobe PDF format.
House Bill 1047
House Bill 1090
House Bill 1179 and the related Annual Reporting Form
New Trust Legislation
Reminder of Office Space Requirement in South Dakota Codifed Law (SDCL) 51A-6A-11.2
Senate Bill 166
Ocwen Financial Corp. Orders
The South Dakota Division of Banking and more than 20 other states have issued regulatory orders or charges to subsidiaries of Ocwen Financial Corp. to address violations of state and federal laws.
See the order issued by the Division of Banking and find answers to frequently asked questions.
Nationwide Mortgage Licensing System & Registry (NMLS)
Conference of State Bank Supervisors
Division of Banking
South Dakota Department of Labor and Regulation
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501