Establishment and maintenance of branches.

CFR · 2024-01-01 · US · Title 12

(a) (2) (3) (ii) (iii) (4) (ii) (b) (1) (2) (3) (4) (5) (c) (i) An eligible bank; and (ii) A bank that cannot be determined to be an eligible bank because it has not received CAMELS compliance or CRA ratings from a bank regulatory authority, if it is controlled by a bank holding company that meets the criteria for expedited processing under § 225.14(c) of Regulation Y (12 CFR 225.14(c)). (2) (i) The bank or bank holding company does not meet the criteria under § 208.6(c)(1); (ii) The application contains a material error or is otherwise deficient; or (iii) The application or the notice required under paragraph (a)(3) of this section, raises significant supervisory, Community Reinvestment Act, compliance, policy or legal issues that have not been resolved, or a timely substantive adverse comment is submitted. A comment will be considered substantive unless it involves individual complaints, or raises frivolous, previously considered, or wholly unsubstantiated claims or irrelevant issues. (d) (2) (e) (f)

official document · source cfr-2024 · id 12:§ 208.6