2024 Credit Services Organization Renewal and Annual Report – Due April 1, 2025
Pursuant to K.S.A. 50-1118 et seq., all Credit Services Organization (CSO) Licenses shall expire on April 30 of each year. CSOs are required to renew annually with the Kansas Office of the State Bank Commissioner (OSBC) at least 30 days prior to expiration. To finish the renewal process, please complete the following by April 1, 2025:
- Complete the 2024 Credit Services Organization Annual Report and return to [email protected].
- Ensure most recent audited or reviewed financial statements are uploaded to NMLS. The fiscal year-end should be no earlier than December 31, 2023.
- Update and verify all information is up to date including officers and key management in NMLS.
- Pay renewal invoice of $150 prior to April 1, 2025 in NMLS.
Credit Services Organization Annual Report
2024 Supervised Loan Licensee Annual Report – Due April 15, 2025
Pursuant to K.S.A. 16a-1-101 et seq., all Supervised Loan (SL) Licensees are required to file an annual written report with the Kansas Office of the State Bank Commissioner (OSBC) by April 15, 2025. The 2024 Annual Report form is available at the link below. Only one annual report form is due per company. If your company has branches, report all company information on one form.
Supervised Loan Licensee Annual Report
2024 Mortgage Company Annual Report
Pursuant to K.S.A. 9-2216a et seq., all Mortgage Company (MC) Licensees are required to file an annual written report with the Kansas Office of the State Bank Commissioner (OSBC). The standard NMLS mortgage call report (MCR) with the addition of the State Specific Supplemental Form (SSSF) will now fulfil this requirement and MC licensees no longer need to complete the Mortgage Company Limited Annual Report outside the NMLS system.
As of reporting period Q1 2024, the OSBC will require transactions involving Kansas mortgage processing and/or underwriting to be reported within the SSSF under Licensed Processors and Underwriters SF600 – SF 660. Kansas does not require completion of any other section or field on the SSSF, including Revenue Data (SF1100). Commercial business is not within OSBC jurisdiction, and consumer loans do not fall under the mortgage company license, so we will not require that data to be entered. However, if you have Kansas data to enter, we will not prohibit the entry if you choose to do so.
Company, Individual, or Branch Applications
The Nationwide Multi-state Licensing System is used for applications/renewals for the following licensee types:
- Mortgage Lenders and Brokers
- Loan Originators
- Supervised Lenders
- Payday Lenders
- Debt Buyers
- Credit Service Organizations
- Money Transmitters
- Earned Wage Access Service Providers
The NMLS website below provides step-by-step instructions on how to access the system, guides on how to complete the MU forms, tutorials and much more. If you have questions, contact the NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
Renewal quick guide is available for license renewals through NMLS.
Consumer Credit Filer
Who must file as a consumer credit filer? (“Notification Filer”)
- Those who extend credit to which a finance charge is added to the actual cost of goods or services;
- Those who add a service or carrying charge to an account as a cost of deferring payment
- Those who prepare retail installment contracts and assign these contracts to a third party
- Those who extend credit according to a written agreement which permits payments in more than four installments, even though no finance charge is added
- Those who purchase retail installment contracts, loans or leases from creditors or who purchase the rights to service such transactions.
Who is exempt?
- Sellers who accept lender credit cards (e.g. bank credit cards) EXCLUSIVELY
- Creditors who sell or lend EXCLUSIVELY for business or agricultural purposes
- Business purposes means a business selling to other businesses only – no consumer business
- Those who are not “Regularly Engaged” in extensions of credit that require the filing.
- “Regularly engaged” means a person that extends credit directly or through assignment more than 25 times in any state during the preceding calendar year.
- Licensed Supervised Lenders
- If a company holds an active Supervised Loan License, all consumer credit activity will be regulated and reported without the additional Consumer Credit filing.
Consumer Credit Filers are required to renew their filing by August 31 of each year.
New consumer credit filers should use the OSBC Online site below to apply.
Consumer Credit Filer Amendments
Per K.A.R. 75-6-32, if the business name, status, or list of locations contained in the notification becomes inaccurate after filing, the person shall notify the administrator in writing within 30 days of the date of the change.
To amend an existing consumer credit filing, please send correspondence to [email protected]
Fee Summaries
Contact Licensing Department
Contact the licensing team at [email protected]
Credit Services Organizations
Julie Moss
785-380-8528
[email protected]
Money Transmitter Companies
Devin Tatrn
785-380-3537
[email protected]
Mortgage Companies
Julie Moss
785-380-8528
[email protected]
Earned Wage Access Companies
Devin Tatrn
785-380-3537
[email protected]
Mortgage Loan Originators
Emily Simmonds
785-318-7563
[email protected]
Consumer Credit Filer Registrants
Doug Vollenweider
913-340-9708
[email protected]
Supervised Loan Companies
Doug Vollenweider
913-340-9708
[email protected]
Any General Licensing Inquiry:
Bailey Burghart, Senior Licensing Analyst
785-318-7544
[email protected]
Director of Licensing:
Dana Heineken
785-414-9709
[email protected]
