In re Change in Corporate Title & Place of Business Filed by First State Bank of Dover

OPINION

LESLIE, Judge.

First National Bank in St. Charles appeals from an order of the Commissioner of Commerce approving First State Bank of Dover’s application to relocate its main office from Dover, Minnesota to St. Charles, Minnesota. First National contends the Commissioner did not apply the proper statute when making his determination. We affirm.

FACTS

First State Bank of Dover applied to the Minnesota Department of Commerce to move its main banking office from Dover to St. Charles, which is approximately 3.7 miles from Dover. At the same time it applied for authority to establish a…