legal · go-v.org

Establishment, acquisition, and relocation of a branch and establishment of an agency office of a Federal savings association.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (2) (3) (d) (2) (e) (1) Maintaining a safe and sound banking system; (2) Encouraging a Federal savings association to provide fair access to financial services by helping to meet the credit needs of its entire community; (3) Ensuring compliance with laws and regulations; and (4) Promoting fair treatment of customers including efficiency and better service. (f) (ii) (iii) (2) (i) (ii) (iii) (A) It published a public notice under § 5.8 of its intent to change the location of the branch office or establish a new branch office. The public notice must be published at least 35 days before the proposed action establishment or relocation. If the notice is published more than 12 months before the proposed action, the publication is invalid. (B) If the Federal savings association intends to change the location of an existing branch office, it must post a notice of its intent in a prominent location in the existing office to be relocated. This notice must be posted for 30 days from the date of publication of the initial public notice described in paragraph (f)(2)(iii)(A) of this section. (C)( ( (3) (g) (2) The OCC may waive or reduce the public notice and comment period, as appropriate, for an application by a Federal savings association with a CRA rating of Satisfactory or better to establish a temporary branch which, if it were established by a State bank to operate in the manner proposed, would be permissible under State law without State approval. (h) (i) (j) (2) Any Fed

official document · source cfr-2024 · id 12:§ 5.31