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§ 23-48-701. Definitions

As used in this subchapter: (1) (A) “Full service branch” means a banking facility separate from the main office of the bank at which all lawful banking activities may be conducted as fully as in the main office. (B) “Full service branch” includes a mobile facility that: (i) Conducts banking business within the same county […]

§ 23-48-703. Establishment of full-service branch — Standards and procedure

(a) The Bank Commissioner shall have the authority to approve the application of a state bank to establish a full-service branch if the commissioner determines that the establishment of the full-service branch is consistent with: (1) Maintaining a sound banking system; (2) Encouraging the bank to help meet the credit needs of the community; (3) […]

§ 23-48-704. Preexisting facilities

Any bank may, at its option, operate any branch office, teller’s window, or other banking facility which is separate from the main office of the bank and in operation on June 30, 1988, as a full-service branch or a customer-bank communications terminal.

§ 23-48-705. Notice of termination of full-service branch

When a full-service branch has once been established under any provision of this subchapter or any prior act, the operation thereof shall not be discontinued or the facility closed unless ninety (90) days’ prior notice of intention to terminate the operation is given in writing to the supervisory banking authority.