Regulatory AlertsDI-03-2018 Uniform Interstate Application and Notice Policy
The Louisiana Office of Financial Institutions issued Revised Policy No. DI-03-2018 to standardize interstate banking procedures by allowing eligible state-chartered banks, savings banks, and savings associations to file a Uniform Interstate Application/Notice short form for establishing, relocating, or closing branch and loan production offices. Institutions must satisfy specific safety-and-soundness, CRA, compliance, capitalization, and two-year existence criteria to qualify for the streamlined process. The policy mandates newspaper publication for new or relocated main offices, requires filing within thirty days of publication, and outlines specific procedures for mobile facilities, Indian tribal land projects, and commissioner waivers.
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