Notices

Publication Date: Mar 21, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that Empower Lending LLC, 650 California Street, Floor 7, San Francisco, CA 94108 has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Empower Lending LLC intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for March 21, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Darcy Bailar, Deputy Director – Financial Institutions

Publication Date: Mar 19, 2024

NOTICE OF APPLICATION TO RELOCATE BRANCH BANK

Notice is hereby given that Union Bank and Trust Company, Lincoln, Nebraska, in accordance with the provisions of Section 8-157 of the Nebraska Banking Act, filed an application with the Nebraska Department of Banking and Finance for approval to move its bank branch located at 2071 33rd Avenue, Columbus, Nebraska, to 1601 23rd Street, Columbus, Nebraska.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for March 19, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

Publication Date: Mar 8, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that American First Finance, LLC, 3100 Olympus Blvd. Suite 300, Dallas, TX 75019, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. American First Finance, LLC, intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for March 8, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director

Publication Date: Mar 8, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that College Raptor, Inc., 327 2nd Street, Suite 103 Coralville, IA 52241, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. College Raptor, Inc., intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for March 8, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director

Publication Date: Mar 8, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that Today’s Finance Company, LLC, 23101 Lake Center Drive, 120, Lake Forest, CA 92630, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Today’s Finance Company, LLC, intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for March 8, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director

Publication Date: Feb 15, 2024

NOTICE OF RULEMAKING HEARING

NEBRASKA DEPARTMENT OF BANKING AND FINANCE

Notice is hereby given that the Nebraska Department of Banking and Finance will hold a rulemaking hearing on March 1, 2024, commencing at 10:00 a.m., at the offices of the Department of Banking and Finance, 1526 K Street, Suite 300, Lincoln, Nebraska 68508.

The purpose of the hearing is to take testimony and evidence concerning the following changes to the Rules and Regulations of the Department:

1) The proposed revisions to Title 48, Chapter 6

2) The proposed revisions to Title 48, Chapter 7

3) The proposed revisions to Title 48, Chapter 9

4) The proposed revisions to Title 48,

Chapter 12 48 NAC 6-Agents of Broker-Dealers: The purpose of the proposed revisions to Title 48, Chapter 6 is to adopt the North American Securities Administrators Association (“NASAA”) “Examination Requirements for Broker-Dealer Agents Model Rule.” This rule will allow agents who have elected to participate in the Financial Industry Regulatory Authority’s (“FINRA”) Maintaining Qualifications Program to extend the validity of their state examinations from two to five years.

48 NAC 7-Investment Advisers: The purpose of the proposed revisions to Title 48, Chapter 7 is to adopt NASAA’s “Model Rule for Investment Adviser Written Policies and Procedures Under the Uniform Securities Act of 1956 and 2002.” This rule requires investment advisers to adopt policies and procedures to ensure compliance with the Securities Act of Nebraska. The model rule will replace existing provisions in Chapter 7 that require investment advisers to adopt similar policies and procedures.

48 NAC 9-Investment Adviser Representatives: The purpose of the proposed revisions to Title 48, Chapter 7 is to adopt two NASAA model rules. The first model rule, the NASAA “Investment Adviser Representative Examination Validity Program Model Rule” will allow investment adviser representatives who participated in NASAA’s Exam Validity Extension Program and complete continuing education to extend the validity of their state examinations from two to five years. The second model rule, NASAA’s “Model Rule on Investment Adviser Representative Continuing Education” implements continuing education requirements for investment adviser representatives.

48 NAC 12-Fraudulent, Dishonest and Unethical Business Practices: The purpose of the proposed revision is to adopt NASAA’s “Unpaid Arbitration Awards Under the Uniform Securities Acts of 1956 and 2022.” This rule provides that the failure to pay arbitration awards, court judgments, and regulator fines is an unethical practice.

The rulemaking hearing is being conducted under and by virtue of the provisions of Section 84- 907, R.R.S 1943, as amended, which provides that COPIES OF THE PROPOSED RULES ARE AVAILABLE FOR PUBLIC EXAMINATION at the Office of the Department of Banking and Finance, 1526 K Street, Suite 300, Lincoln, Nebraska 68508, and at the Office of the Secretary of State, Regulations Division, 1201 N Street, Suite 120, Lincoln, Nebraska 68509. In addition, the proposed rules are available on the Department of Banking and Finance’s website at https://ndbf.nebraska.gov, and the Secretary of State’s website www.sos.ne.gov.

A copy of the Fiscal Impact Statement is available at the Office of the Department of Banking and Finance and on the Department’s website.

All interested persons are invited to attend and testify at the hearing. Interested persons may also submit written comments to the Department of Banking and Finance prior to the hearing, which comments will be made part of the hearing record at the time of the hearing.

If auxiliary aids or reasonable accommodations are needed for attendance at this hearing, please call the Nebraska Department of Banking and Finance at (402) 471-2171, or, for persons with hearing impairments, please call the Nebraska Relay System, (800) 833-7352 TDD. This contact should be made at least seven (7) days prior to the hearing.

Dated at Lincoln, Nebraska, this 12th day of January, 2024.

Kelly Lammers, Director

Nebraska Department of Banking and Finance

Publication Date: Feb 13, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that Oportun Receivables Holdings LLC, 2 Circle Star Way, San Carlos, CA 94070, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Oportun Receivables Holdings LLC intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for February 13, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director

Publication Date: Feb 13, 2024

 Are you an Informed Investor? Don’t Get Swept Away by a Romance Scam

February 14, 2024 — Government agencies across North America are seeing an increase in investment-focused romance scams. Sometimes these scams are referred to as “financial grooming,” or “pig butchering.”

In March 2023, the Federal Bureau of Investigation (FBI) released a report that said its Internet Crime Complaint Center (IC3) identified more than 19,000 victims of confidence or romance scams resulting in losses greater $735 million. In a similar report, the Federal Trade Commission (FTC) showed that romance scammers cost nearly 70,000 consumers $1.3 billion in 2022.

Investments tied to cryptocurrencies and digital assets topped the North American Securities Administrators Association’s (NASAA) 2023 list of investor threats. Some of these threats may be tied to romance scams. Finally, the Canadian Securities Administrators (CSA) has also warned of fraudsters using social media, messaging apps, and online dating sites to lure people into investment scams.

Romance Scams Are Real; Know the Warning Signs

Romance scammers set online traps and use technology and social media platforms to profile targets. They also spend time getting to know people before asking for money or introducing an investment opportunity. Here are some common tactics and warning signs to look out for:

• Reluctance to meet in-person or by video: Most scammers avoid meeting face-to-face because often they aren’t who they say there are. They pretend to be anyone they think you would be attracted to. They will make excuses not to meet, like being too busy with work, or not being able to get away from family or community obligations. “In-person” may include refusing a video chat with the victim while they groom them for the scam. Scammers may use video filters or Artificial Intelligence (AI) technology to disguise their identities, sometimes referred to as “deep fakes.”

• Wanting a long-distance relationship: Once you enter a “relationship” with an online romance scammer, they might tell you that they live far away, travel a lot for work, or have a job outside the country or area you live. They won’t offer to visit you and may discourage you from trying to visit them. Department of Banking and Finance Consumer Advisory

• Discussing wealth or business success: In order to interest you in investing, romance scammers may brag about how successful they are. They may flaunt their supposed wealth, using photos of luxury items, real estate, expensive cars, etc. They may offer to help you make money or become wealthy, often offering access to supposed inside information or trading secrets for trendy or complex investments, like cryptocurrencies or non-fungible tokens (NFTs).

• Pressuring you to give them money: At some point, the romance scammer will likely ask you point blank to provide them with a sum of money. They will likely try to show you that your investment has grown quickly and substantially to hook you into giving larger and larger amounts. If you show reluctance, they may put pressure on you by saying manipulative things, such as that they are considering breaking off the relationship or they are offended that you can’t trust them.

• Introducing an app or website: When you show a willingness to invest, a romance scammer may steer you to an investing app that they say they are using or a website that offers investments. The website or app may be controlled by the scammer or a criminal organization they are associated with. The scammer may also offer to teach you how to invest or trade, and then ask for remote access to your computer or request your online banking information.

How to Protect Yourself from Romance Scams

When we’re smitten with someone, we tend to lead with our heart instead of our head. A romance scammer depends on this, encouraging you not to look too deeply into their background or the type of scheme they are promoting. Protect yourself by following these steps:

• Keep your guard up: If a new romantic interest suddenly starts asking for money or encourages you to start investing, be cautious. A potential partner should be focused on your developing relationship, not your money or investing interests.

• Do your research: Online searches may provide a better idea about the person you are dealing with and what they do. Most people have an online presence these days, which includes personal and professional information. Fake online profiles tend to lack information about an individual, and the images used in an activity feed may feel impersonal or staged. Scammers often use stolen images from real people or stock images, so it’s good to do online image searches to check the origin and use of the image.

• Check registration: Firms that provide investment advisory services in the U.S. are typically registered with the U.S. Securities and Exchange Commission (SEC) or one or more state securities regulators. In Canada, firms and individuals must be registered with the securities regulators in the provinces in which they operate. Check the SEC’s Investment Adviser Public Disclosure database or FINRA’s BrokerCheck to verify registered individuals or firms. In Canada, use the CSA’s National Registration Search. To find your state or provincial securities regulator, visit the NASAA website.

• Suggest meeting in-person: To determine if a person is who they say they are, you can try and meet in-person in a public place. Make sure to meet in a safe, busy, and public place. Bring a friend or family member. This person doesn’t need to stick around if things go well, but it will give you a witness and an easy excuse to leave if you feel uncomfortable.

• Research websites and apps: Scammers create a custom online platform and direct you to it in order to take your money and hide from authorities. Building a custom app or website that can accept money or crypto assets is surprisingly easy. If a person encourages you to invest and recommends an investing website or app, make sure it is registered to do business in your state or province before investing. When dealing with registered investing platforms, do business directly with the platform, don’t allow someone to act as an intermediary or access your computer. • Look for red flags: Scammers might attempt to make the investment look safe by convincing you that they are investing and taking risks too. Alternatively, they may say the investment is low risk or no risk, while offering guarantees that your money will be safe. This is a red flag of investment fraud. Review NASAA’s Warning Signs of Fraud to better understand common tactics fraudsters use to scam people.

The Bottom Line

Be careful when you meet new people online, especially when you are looking for romance. Seeking a romantic partner is a complex and emotional experience at the best of times – so it’s a good idea not to mix business with romance. Don’t get swept away – make sure you are in a relationship with a real person who cares about you before even considering sharing financial information, making an investment, or loaning a person money. Also, reach out to your local state or provincial securities regulator before making any investment or if you ever suspect fraud may be involved. Go to ndbf.nebraska.gov for more information on what Nebraska resources are available for victims. If you or someone you know has been scammed, report it to Nebraska Department of Banking and Finance at 402-471-2171 or via our website in the Complaints section.

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Publication Date: Jan 26, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that, Skopos Financial, LLC, 8333 Ridgepoint Drive, Suite 150, Irving, TX 75063, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Skopos Financial, LLC, intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for January 26, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director

Publication Date: Jan 26, 2024

NOTICE OF APPLICATION FOR AN INSTALLMENT LOAN LICENSE

Notice is hereby given that PF Servicing, LLC, 2 Circle Star Way, San Carlos, CA 94070, has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. PF Servicing, LLC, intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act.

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for January 26, 2024. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska

Kelly Lammers, Director