HI SB2680

Changes semiannual assessment payment dates for financial institutions from February 15 and August 15 to March 1 and September 1 of each year.

Consolidates and clarifies application fees for financial institutions, including $10,000 for preliminary approval of Hawaii financial institution organization, $2,500 for final charter or license applications, and various other specified fees for mergers, conversions, and activities.

Removes outdated provisions regarding initial license fees for depository financial services loan companies and eliminates separate fee entries for savings banks and trust companies.

Repeals the credit union advisory board established under section 412:10-125.

Removes commissioner authority to establish certain application filing fees by rule, instead establishing specific fees directly in statute for consistency and clarity.