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12 C.F.R. · Banks and Banking
12 C.F.R. § 7.1029

Combination of national bank loan production office, deposit production office, and remote service unit.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 7.1029 — Combination of national bank loan production office, deposit production office, and remote service unit.

§ 7.1029 Combination of national bank loan production office, deposit production office, and remote service unit. A location at which a national bank operates a loan production office (LPO), a deposit production office (DPO), and a remote service unit (RSU) is not a “branch” within the meaning of 12 U.S.C. 36(j) by virtue of that combination. Since an LPO, DPO, or RSU is not, individually, a branch under 12 U.S.C. 36(j), any combination of these facilities at one location does not create a branch. The RSU at such a combined location must be primarily operated by the customer with at most delimited assistance from bank personnel. [85 FR 83732, Dec. 22, 2020]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR12-SEC-11D2FE
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
12 C.F.R. § 7.1029
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
72bff3eecd3edac1...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 7.1029 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
Navigate Corpus — Title 12 C.F.R.
← 12 C.F.R. § 7.1028 12 C.F.R. § 7.1030 →
Title 12 — Banks and Banking
12 C.F.R. § 1.112 C.F.R. § 1.212 C.F.R. § 1.312 C.F.R. § 1.412 C.F.R. § 1.512 C.F.R. § 1.612 C.F.R. § 1.712 C.F.R. § 1.812 C.F.R. § 1.10012 C.F.R. § 1.11012 C.F.R. § 1.12012 C.F.R. § 1.13012 C.F.R. § 2.112 C.F.R. § 2.212 C.F.R. § 2.312 C.F.R. § 2.412 C.F.R. § 2.512 C.F.R. § 3.112 C.F.R. § 3.212 C.F.R. § 3.312 C.F.R. § 3.4.3.912 C.F.R. § 3.1012 C.F.R. § 3.1112 C.F.R. § 3.1212 C.F.R. § 3.13.3.1912 C.F.R. § 3.2012 C.F.R. § 3.2112 C.F.R. § 3.2212 C.F.R. § 3.23.3.2912 C.F.R. § 3.30
12 C.F.R. — public domain ← All Legislation
◈ Provenance
boisestandard.org → United States → Law → CFR → Title 12 → 12 C.F.R. § 7.1029