Loan and/or Deposit Production Office Closure - Short Form
The linked notification form should be used by your
institution to request permission to close a Loan and/or Deposit Production Office. Please
refer to the linked rule for the specific requirements to effect this closure.
In addition to the requirements in the aforementioned
rule, the Institution should ensure that any ownership of real estate for future
expansion is in compliance with this Office's
Investment in Real Estate
for Business Purposes Policy, revised March 14, 2005, a copy of which is
linked to this location for your convenience.
If the property where the Loan and/or Deposit Production
Office is
located is owned by your institution and your Board decides that the property
will not be utilized for future premises use,
you should also refer to Part 362 of the FDIC's Rules and Regulations for
guidance relating to divestiture requirements.
You are reminded to return the LPO's/DPO's Certificate of
Authority to this Office for cancellation after the closing date.
If you have any questions regarding this notification,
please contact Deputy Chief Examiner Tim Robichaux at (225) 922-0878.
Uniform Interstate Application/Notice Policy
Uniform Interstate Application/Notice Form
Loan and/or Deposit Production Office Rule
DI-01-2005 Investment in Real Estate for Business Purposes