(1) $500 non-refundable licensing/application fee
(2) $350 annual renewal fee
(3) No physical location required
(4) $25,000 Surety Bond
(5) Fingerprint cards (2 sets per applicant) for background check PLUS $39.25 fee
(6) 9 hrs continuing education per year
Loan Officer Requirements:
(1) 18 years of age
(2) $150 non-refundable licensing/application fee
(3) $75 annual renewal fee
(4) Fingerprint cards (2 sets) for criminal background check PLUS $39.25 fee
(5) 9 hrs continuing education per year
Contact Information:
South Dakota Department of Revenue and Regulation, Division of Banking
217½ W. Missouri Ave.
Pierre, SD 57501
Phone: 605.773.3421
Fax: 605.773.5367
Email:
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Website:http://www.state.sd.us/drr2/reg/bank/BANK-HOM.htm
Map of South Dakota Department of Revenue and Regulation, Division of Banking:
