The South Dakota Division of Banking updates this report monthly to provide information on the applications filed with the South Dakota Division of Banking and/or State Banking Commission and action taken on each application. This information will be compiled and updated monthly, unless there is no activity within that month. This data is for information purposes only and does not constitute legal notice of an application.
| December 2018 |
| Banks |
Great Western Bank, Sioux Falls, South Dakota – Application to relocate a branch bank from 100 N. 1st St., Carlisle, Iowa, to 120 S. 1st. St, Carlisle, Iowa
|
Pending |
Security State Bank, Canton, South Dakota – Application to acquire by merger Exchange State Bank, Luverne, Minnesota
|
Approved 12/17/2018 |
| Trusts |
| National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, Missouri |
Pending |
Roaring Fork Trust Company Inc. – Application to establish a private trust company at 201 S. Phillips Ave., Suite 147, Sioux Falls, South Dakota
|
Approved 12/10/2018 |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in December |
| Money Lending |
4 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
3 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
64 |
| Licenses canceled in December |
| Money Lending |
9 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
3 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
23 |
| Current number of active licenses in December |
| Money Lending |
408 |
| Money Transmitter |
115 |
| Mortgage Brokerage |
22 |
| Mortgage Lender |
260 |
| NR Mortgage Lender for Insurance Company |
40 |
| Mortgage Loan Originator |
2,506 |
| Total |
3,351 |
| November 2018 |
| Banks |
| Great Western Bank, Sioux Falls, South Dakota – Application to close a branch bank at 220 Josephine St., Suite 100, Denver, CO |
Approved 11/01/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to close a branch bank at 2700 W. 41st St., Sioux Falls, SD
|
Approved 11/01/2018 |
First National Bank, Slayton, Minnesota – Application to merge First State Bank, Oldham, South Dakota with and into First National Bank, Slayton, Minnesota
|
Approved 11/02/2018 |
Security State Bank, Canton, South Dakota – Application to acquire by merger Exchange State Bank, Luverne, Minnesota
|
Pending |
| Trusts |
| National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, MO |
Pending |
| Roaring Fork Trust Company, Inc – Application to establish a private trust company at 201 S. Phillips Ave., Suite 147, Sioux Falls, SD |
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in November |
| Money Lending |
2 |
| Money Transmitter |
3 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
0 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
13 |
| Licenses canceled in November |
| Money Lending |
8 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
4 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
30 |
| Current number of active licenses in November |
| Money Lending |
411 |
| Money Transmitter |
113 |
| Mortgage Brokerage |
22 |
| Mortgage Lender |
264 |
| NR Mortgage Lender for Insurance Company |
40 |
| Mortgage Loan Originator |
3,696 |
| Total |
4,546 |
| October 2018 |
| Banks |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a loan production office in Yuma, Arizona |
Approved 10/10/2018 |
Great Western Bank, Sioux Falls,South Dakota – Application to relocate a branch bank from 522 Broad St., Story City, Iowa, to 423 Broad St., Story City, Iowa
|
Approved 10/11/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to close a branch bank at 220 Josephine St., Suite 100, Denver, Colorado
|
Pending |
Great Western Bank, Sioux Falls, South Dakota – Application to close a branch bank at 2700 W. 41st St., Sioux Falls, South Dakota
|
Pending |
First National Bank, Slayton, Minnesota – Application to merge First State Bank, Oldham, South Dakota, with and into First National Bank, Slayton, Minnesota
|
Pending |
Security State Bank, Canton, South Dakota – Application to acquire by merger Exchange State Bank, Luverne, Minnesota
|
Pending |
| Trusts |
National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, Missouri
|
Pending |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
| Pheasant Paradise Trust Company, LLC – Application to establish a private trust company at 201 S. Phillips Ave., Suite 137, Sioux Falls, South Dakota |
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in October |
| Money Lending |
4 |
| Money Transmitter |
2 |
| Mortgage Brokerage |
2 |
| Mortgage Lender |
0 |
| Non-Residential Mortgage Lender |
1 |
| Mortgage Loan Originator |
58 |
| Licenses canceled in October |
| Money Lending |
0 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
1 |
| Mortgage Lender |
1 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
128 |
| Current number of active licenses in October |
| Money Lending |
419 |
| Money Transmitter |
111 |
| Mortgage Brokerage |
22 |
| Mortgage Lender |
266 |
| NR Mortgage Lender for Insurance Company |
40 |
| Mortgage Loan Originator |
3,714 |
| Total |
4,572 |
| September 2018 |
| Banks |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Denver, Colorado |
Approved 09/18/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a loan production office in Wichita, Kansas
|
Approved 09/17/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a loan production office in Yuma, Arizona
|
Pending |
Minnwest Bank, Redwood Falls, Minnesota – Application to acquire by merger First State Bank, Wilmot, South Dakota, and Peoples State Bank, Summit, South Dakota
|
Approved 09/17/2018 |
| Trusts |
| National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, Missouri |
Pending |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
Anthos Trust Company, LLC – Application to establish a nondepository private trust company at 201 South Phillips Ave., Suite 146, Sioux Falls, South Dakota
|
Approved 09/17/2018 |
BitGo Trust Company Inc. – Application to establish a nondepository public trust company at 6216 Pinnacle Place, Suite 101, Sioux Falls, South Dakota
|
Approved 09/11/2108 |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in September |
| Money Lending |
8 |
| Money Transmitter |
6 |
| Mortgage Brokerage |
1 |
| Mortgage Lender |
4 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
55 |
| Licenses canceled in September |
| Money Lending |
1 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
10 |
| Current number of active licenses in September |
| Money Lending |
418 |
| Money Transmitter |
108 |
| Mortgage Brokerage |
21 |
| Mortgage Lender |
268 |
| NR Mortgage Lender for Insurance Company |
39 |
| Mortgage Loan Originator |
3,787 |
| Total |
4,641 |
| August 2018 |
| Banks |
| Bryant Bancshares, Inc. – Application to acquire all outstanding shares of Richland State Bank, Bruce, South Dakota |
Approved 08/16/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to relocate a branch bank in Greeley, Colorado
|
Approved 08/07/2018 |
First State Bank, North Dakota – Application to merger First State Bank of Warner, South Dakota, with and into First State Bank of North Dakota
|
Approved 08/02/2018 |
Great Western Bank, Sioux Falls, South Dakota– Application to establish a branch bank in Denver, Colorado
|
Pending |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a loan production office in Wichita, Kansas |
Pending |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a loan production office in Yuma, Arizona
|
Pending |
Minnwest Bank, Redwood Falls, Minnesota – Application to acquire by merger First State Bank, Wilmot, South Dakota, and Peoples State Bank, Summit, South Dakota
|
Pending |
| Trusts |
IRAR Trust Company – Application to establish a nondepository public trust company at 401 E. 8th St., Suite 200 E, Sioux Falls, South Dakota
|
Approved 8/2/2018 |
Bridges Trust Company of South Dakota - Application to establish a nondepository public trust company at One River Place, 600 Stevens Port Drive #140, Dakota Dunes, South Dakota
|
Approved 08/22/2018 |
National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, Missouri
|
Pending |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
Anthos Trust Company, LLC – Application to establish a nondepository private trust company at 201 South Phillips Ave., Suite 146, Sioux Falls, South Dakota
|
Pending |
BitGo Trust Company Inc. – Application to establish a nondepository public trust company at 6216 Pinnacle Place, Suite 101, Sioux Falls, South Dakota
|
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in August |
| Money Lending |
4 |
| Money Transmitter |
1 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
1 |
| Non-Residential Mortgage Lender |
1 |
| Mortgage Loan Originator |
53 |
| Licenses canceled in August |
| Money Lending |
0 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
4 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
9 |
| Current number of active licenses in August |
| Money Lending |
411 |
| Money Transmitter |
102 |
| Mortgage Brokerage |
20 |
| Mortgage Lender |
266 |
| NR Mortgage Lender for Insurance Company |
39 |
| Mortgage Loan Originator |
3,736 |
| Total |
4,574 |
| July 2018 |
| Banks |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Scottsdale, Arizona
|
Approved 07/03/2018 |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Denver, Colorado |
Pending |
| Great Western Bank, Sioux Falls, South Dakota – Application to relocate a branch bank in Greeley, Colorado |
Pending |
| First State Bank, North Dakota – Application to merger First State Bank of Warner, South Dakota, with and into First State Bank of North Dakota |
Pending |
| Trusts |
South Dakota Trust Company – Application to establish a Trust Service Office at 212 S. Main Ave., Suite 100, Sioux Falls, South Dakota
|
Approved 07/09/2018 |
IRAR Trust Company – Application to establish a nondepository public trust company at 401 E. 8th St., Suite 200 E., Sioux Falls, South Dakota
|
Pending |
Bridges Trust Company of South Dakota - Application to establish a nondepository public trust company at One River Place, 600 Stevens Port Dr. #140, Dakota Dunes, South Dakota
|
Pending |
| National Advisors Trust of South Dakota – Application to establish a trust service office at 800 E. 101st Terrace, Suite 300, Kansas City, Missouri |
Pending |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in July |
| Money Lending |
8 |
| Money Transmitter |
2 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
6 |
| Non-Residential Mortgage Lender |
1 |
| Mortgage Loan Originator |
50 |
| Licenses canceled in July |
| Money Lending |
1 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
1 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
7 |
| Current number of active licenses in July |
| Money Lending |
409 |
| Money Transmitter |
101 |
| Mortgage Brokerage |
20 |
| Mortgage Lender |
269 |
| NR Mortgage Lender for Insurance Company |
39 |
| Mortgage Loan Originator |
3,698 |
| Total |
4,536 |
| June 2018 |
| Banks |
American Bank & Trust, Wessington Springs, South Dakota – Application to merge Farmers State Bank, Stickney, South Dakota, with and into American Bank & Trust, Wessington Springs, South Dakota
|
Approved 05/31/2018 |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Cedar Falls, South Dakota
|
Approved 06/22/2018 |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Scottsdale, Arizona |
Pending |
First State Bank, North Dakota – Application to merger First State Bank of Warner, South Dakota, with and into First State Bank of North Dakota
|
Pending |
| Trusts |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virgina.
|
Pending |
South Dakota Trust Company – Application to establish a Trust Service Office at 212 S. Main Ave., Suite 100, Sioux Falls, South Dakota
|
Pending |
Bridgeford Trust Company – Application to Merge Delta Trust Company with and into Bridgeford Trust Company
|
Approved 06/12/2018 |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in June |
| Money Lending |
3 |
| Money Transmitter |
1 |
| Mortgage Brokerage |
1 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
75 |
| Licenses canceled in June |
| Money Lending |
2 |
| Money Transmitter |
2 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
1 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
4 |
| Current number of active licenses in June |
| Money Lending |
405 |
| Money Transmitter |
99 |
| Mortgage Brokerage |
20 |
| Mortgage Lender |
264 |
| NR Mortgage Lender for Insurance Company |
38 |
| Mortgage Loan Originator |
3,650 |
| Total |
4,881 |
| May 2018 |
| Banks |
| American Bank & Trust, Wessington Springs, South Dakota – Application to merge Farmers State Bank, Stickney, South Dakota, with and into American Bank & Trust, Wessington Springs, South Dakota |
Pending |
Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Cedar Falls, South Dakota
|
Pending |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank in Scottsdale. Arizona |
Pending |
| First State Bank, North Dakota – Application to merge First State Bank of Warner, South Dakota, with and into First State Bank of North Dakota |
Pending |
| Trusts |
First Capital Surety & Trust Company – Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
| New Vision Trust Company – Application to establish a Trust Service Office at 135 Broad St., Asheville, NC, 28801 |
Approved 05/14/2018 |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in May |
| Money Lending |
7 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
3 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
61 |
| Licenses canceled in May |
| Money Lending |
2 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
70 |
| Current number of active licenses in May |
| Money Lending |
405 |
| Money Transmitter |
100 |
| Mortgage Brokerage |
19 |
| Mortgage Lender |
263 |
| NR Mortgage Lender for Insurance Company |
38 |
| Mortgage Loan Originator |
3,577 |
| Total |
4,402 |
| April 2018 |
| Banks |
American Bank & Trust, Wessington Springs, South Dakota – Application to merge Farmers State Bank, Stickney, South Dakota, with and into American Bank & Trust, Wessington Springs
|
Pending |
| Trusts |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
| JTC Trust Company- Application for Relocation from 201 South Phillips Ave., Sioux Falls, to 101 South Reid St., Suite 307, Office 330, Sioux Falls, South Dakota |
Approved 04/18/2018 |
First Trust Company, LLC – Application to establish a Trust Service Office at 9300 Underwood Ave., Suite 100, Omaha, NE 68114.
|
Approved 04/11/2018 |
Virtus Trust USA, LLC – Application to change its name from Virtus Trust USA, LLC, Sioux Falls, to Equiom Trust (South Dakota), LLC.
|
Approved 04/11/2018 |
| Sageworth Trust Company of South Dakota, LLC – Application to relocate from 300 South Phillips Ave., Suite 206, Sioux Falls, South Dakota to 300 South Philips Ave., Suite 204, Sioux Falls, South Dakota |
Approved 04/12/2018 |
Synergy Trust Company LLC – Application for Dissolution of Synergy Trust Company, LLC, Sioux Falls, South Dakota
|
Approved 04/16/2018 |
| The Kingdom Trust Company – Application for Change in Control |
Approved 04/19/2018 |
New Vision Trust Company – Application to establish a Trust Service Office at 135 Broad St., Asheville, NC, 28801
|
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in April |
| Money Lending |
9 |
| Money Transmitter |
2 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
3 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
79 |
| Licenses canceled in April |
| Money Lending |
1 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
6 |
| Current number of active licenses in April |
| Money Lending |
398 |
| Money Transmitter |
100 |
| Mortgage Brokerage |
19 |
| Mortgage Lender |
261 |
| NR Mortgage Lender for Insurance Company |
38 |
| Mortgage Loan Originator |
3,527 |
| Total |
4,343 |
| March 2018 |
| Banks |
| Security State Bank, Tyndall, South Dakota – Application to establish a branch bank at 114 N. Main St., Viborg, South Dakota |
Approved 03/09/2018 |
| American Bank & Trust, Wessington Springs, South Dakota – Application to close a branch bank at 2791 Dakota Ave. S., Huron, South Dakota |
Pending |
| Trusts |
| First Capital Surety & Trust Company – Application to establish a Trust Service Office at 4701 Cox Rd, Suite 285, Glen Allen, Virginia |
Pending |
| JTC Trust Company- Application for Relocation to 140 N. Phillips Ave., Suite 303,
Sioux Falls, South Dakota |
Pending |
| First Trust Company, LLC – Application to establish a Trust Service Office at 9300 Underwood Ave., Suite 100, Omaha, Nebraska 68114 |
Pending |
| The Kingdom Trust Company – Application for Change in Control |
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in March |
| Money Lending |
4 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
4 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
123 |
| Licenses canceled in March |
| Money Lending |
0 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
4 |
| Current number of active licenses in March |
| Money Lending |
391 |
| Money Transmitter |
98 |
| Mortgage Brokerage |
19 |
| Mortgage Lender |
259 |
| NR Mortgage Lender for Insurance Company |
38 |
| Mortgage Loan Originator |
3,461 |
| Total |
4,266 |
| February 2018 |
| Banks |
| Great Western Bank, Sioux Falls, South Dakota– Application to establish a branch bank at 839 Gordon Dr., Sioux City, Iowa |
Approved 02/08/2018 |
| Security State Bank, Tyndall, South Dakota – Application to establish a branch bank at 114 N. Main St., Viborg, South Dakota |
Pending |
| Great Western Bank, Sioux Falls, South Dakota – Application to close a branch bank at 2791 Dakota Ave. S., Huron, South Dakota |
Pending |
| Trusts |
| Forthright Trust Corporation (“Forthright”) – Application to establish a nondepository trust company at 201 S. Phillips Ave., Suite 110, Sioux Falls, South Dakota. |
Pending |
First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia.
|
Pending |
CISA Trust Company (South Dakota) LLC Application for Change in Control and Relocation to 140 N. Phillips Ave., Suite 305, Sioux Falls, South Dakota
|
Approved 02/28/2018 |
| Concord Trust Company – Application for Relocation to 211 Founders Park Dr., Suite D, Rapid City, South Dakota |
Approved 02/06/2018 |
JTC Trust Company- Application for Relocation to 140 N. Phillips Ave., Suite 303,
Sioux Falls, South Dakota
|
Pending |
Pando Trust Company – Application to change name to PandoTree Trust Company
|
Approved 02/21/2018 |
Polycomp Trust Company – Application for Change in Control
|
Approved 02/08/2018 |
The Kingdom Trust Company – Application for Change in Control
|
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in February |
| Money Lending |
7 |
| Money Transmitter |
1 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
5 |
| Non-Residential Mortgage Lender |
1 |
| Mortgage Loan Originator |
126 |
| Licenses canceled in February |
| Money Lending |
3 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
0 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
2 |
| Current number of active licenses in February |
| Money Lending |
379 |
| Money Transmitter |
97 |
| Mortgage Brokerage |
19 |
| Mortgage Lender |
257 |
| NR Mortgage Lender for Insurance Company |
38 |
| Mortgage Loan Originator |
3,331 |
| Total |
4,121 |
| January 2018 |
| Banks |
| First American State Bank, Oldham, South Dakota – Application to establish a branch bank at 3465 Avenue of the Cities, Moline, Illinois. |
Approved 01/10/2018 |
| Great Western Bank, Sioux Falls, South Dakota – Application to establish a branch bank at 839 Gordon Dr., Sioux City, Iowa |
Pending |
| Security State Bank, Tyndall, South Dakota – Application to establish a branch bank at 114 N. Main St., Viborg, South Dakota |
Pending |
| Trusts |
| A&D Private Trust Company – Application to establish a private trust company at 201 S. Phillips Ave., Suite 141, Sioux Falls, South Dakota |
Approved 01/03/2018 |
| Forthright Trust Corporation (“Forthright”) – Application to establish a nondepository trust company at 201 S. Phillips Ave., Suite 110, Sioux Falls, South Dakota |
Pending |
| First Capital Surety & Trust Company - Application to establish a Trust Service Office at 4701 Cox Rd., Suite 285, Glen Allen, Virginia. |
Pending |
| Licensees (Non-Profits are now included with Money Lending or Mortgage Lender) |
| New licenses issued in January |
| Money Lending |
3 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
0 |
| Mortgage Lender |
2 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
138 |
| Licenses canceled in January |
| Money Lending |
34 |
| Money Transmitter |
0 |
| Mortgage Brokerage |
2 |
| Mortgage Lender |
7 |
| Non-Residential Mortgage Lender |
0 |
| Mortgage Loan Originator |
775 |
| Current number of active licenses in January |
| Money Lending |
375 |
| Money Transmitter |
96 |
| Mortgage Brokerage |
19 |
| Mortgage Lender |
253 |
| NR Mortgage Lender for Insurance Company |
37 |
| Mortgage Loan Originator |
3,222 |
| Total |
4,002 |
