| Type of Board: |
Regulatory/Licensing |
Created by: |
NDCC 6-01-04 in 1905
|
| Voting Members: |
4 |
Other Members: |
0 |
| Non-Voting Members: |
1 |
|
|
| Length of Terms: |
5 years |
Pay/Benefits: |
State Rate, $50.00 a day per diem |
| Frequency of Meetings: |
4 times a year and at the call of the Chairman |
Licensing Board: |
|
| Address: |
2000 Schafer Street Suite G, , Bismarck, ND 58501-1204 |
| Phone: |
701-328-9933 |
| Fax: |
701-328-9955 |
| Website: |
DiscoverND.com/dfi |
| Email: |
dfi@state.nd.us |
| The Board is an administrative agency that manages and controls credit unions. It can assess civil penalties and have a hearing process. The governor appoints four members; two must have three years experience as an officer, director, or committee member of a North Dakota chartered credit union; one member must have three years experience as listed above, but with a federally chartered credit union; and one member must be a public member at large. The Commissioner of Financial Institutions is also a member. |
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