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Division Proclamation due to Severe Weather

  • 16 December 2016
  • Author: CM1823 STATE
  • Number of views: 0
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NCUA Stepping Up Cybersecurity Efforts

Agency Encourages Credit Unions to Use Cybersecurity Assessment Tool

  • 12 October 2016
  • Author: CM1823 STATE
  • Number of views: 816
  • 0 Comments

CSBS to Release 2016 National Survey

  • 12 October 2016
  • Author: CM1823 STATE
  • Number of views: 2753
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As First Interstate Bank grows, costly federal regulation nears

  • 18 April 2016
  • Author: CM1823 STATE
  • Number of views: 0
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http://billingsgazette.com/business/features/as-first-interstate-bank-grows-costly-federal-regulation-nears/article_deadfd79-dacc-5123-92c4-cc7b8f592215.html?utm_medium=social&utm_source=email&utm_campaign=user-share

Division Releases Results of 2015 NMLS License Renewals

  • 2 March 2016
  • Author: CM2564 STATE
  • Number of views: 1781
  • 0 Comments

The Montana Division of Banking and Financial Institutions (Banking Division) recently finished processing annual renewals for all non-depository licensees. These renewals were all submitted online via the Nationwide Mortgage Licensing System (NMLS). Licensees had until 12/31/15 to request renewal. Licensees that did not request in that time frame were given until 2/29/16 to submit a late renewal request and pay an additional fee. According to the NMLS renewal dashboard available on March 1, 2016, 88.5% of licensees requested renewal during the 2015 renewal period. This percentage is 3% higher than what was submitted by this timeframe in 2015. The Division also had an increase of over 400 renewable licenses compared to last year. The Banking Division attributes its efficiency to its licensing staff’s commitment to training and their utilization of enhanced functionality of the NMLS.

NMLS Weekly Statistics – as of March 1, 2016

 

As of 3/1/2016

As of 3/2/2015

Renewal requests submitted

88.5% (2,836)

85.0% (2,386)

Renewal requests approved

100% (2,828)

99.9% (2,384)

 

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