Marcia Hultman

Cabinet Secretary

Font Size: A A A


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.

CSBS/CFPB CARES Act Forbearance & Foreclosure Guidance

View guidance.

2020 Legislative Updates

The documents available below providing guidance from the Division of Banking are in Adobe PDF format.

20-027 New Trust Legislation (June 3, 2020)
20-025 House Bill 1015 (June 3, 2020)
20-026 House Bill 1016 (June 3, 2020)

Annual Reporting Form

Exempt Lender Annual Reporting Form

Enforcement Actions

See the Ocwen Financial Corp. order issued by the Division of Banking and find answers to frequently asked questions.

See the Dollar Loan Center order and limited stay issued by the Division of Banking.


Nationwide Multistate Licensing System & Registry (NMLS)

Conference of State Bank Supervisors

Contact Us

Division of Banking
South Dakota Department of Labor and Regulation
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501
Phone: 605.773.3421
Fax: 866.326.7504