Branch Establishment

Any state member bank that seeks to establish and operate a de novo branch location (ATMs and qualified loan origination facilities are not considered branches). Also required of any state member bank that seeks approval to acquire a branch in conjunction with a merger filing.

Sections 208.2(e) and 208.6 of Regulation H

Section 225.14(c) of Regulation Y

Local newspapers

A letter that includes a detailed description of the proposed branch, and/or a copy of the state filing.

A copy of the affidavit of publication.

Uniform Interstate Application/ Notice

Five (5) business days after the end of the last comment period (de novo branches only)

If an institution does not meet the above processing requirements (Section 225.14(c)), the application will be processed as follows:

Reserve Bank processed filings – 30 calendar days after receipt or 5 business days after the end of the latest comment period

Board processed filings – 60 calendar days after receipt