Bankowość · 09/10/1997

Applications To Establish a Domestic Branch (Includes Remote Service Facilities); Rescission of Statement of Policy

As part of the FDIC's systematic review of its regulations and written policies under section 303(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 (CDRI), the FDIC proposes to rescind its Statement of Policy ``Applications to Establish a Domestic Branch (Includes Remote Service Facilities)'' (Statement of Policy). The Statement of Policy provides information and guidance to state nonmember banks planning to establish a domestic branch. However, the information and guidance contained in the Statement of Policy is out of date. The FDIC proposes to rescind the Statement of Policy because the proposed revisions to its applications regulation, published elsewhere in today's Federal Register update requirements and sufficiently address all required application procedures.