ARSD 20:07:06:01

ARSD 20:07:06:01. Examination fee schedule

Last amended: 2009Year: 2026Length: 150 wordsOfficial source

Cite as S.D. Admin. R. 20:07:06:01

State-chartered banks shall pay a semiannual fee for examinations on total assets reported on the report of condition for June and December at the following rates: (1) Five and one-half cents per $1,000 of assets up to and including $100,000,000; plus (2) Five and one-quarter cents per $1,000 of assets over $100,000,000 up to and including $300,000,000; plus (3) Five cents per $1,000 of assets over $300,000,000 up to and including $500,000,000; plus (4) Four and three-quarters cents per $1,000 of all assets over $500,000,000 up to and including $1,000,000,000; plus (5) One cent per $1,000 of assets over $1,000,000,000. Non-depository banks shall be assessed an additional semiannual fee of $500. The division shall maintain on its website a fee calculator to be used for the purpose of calculating the semi-annual examination fee owed by each bank. The formulas used to operate the fee calculator shall be available upon request.
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