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#1449714 - 09/29/10 04:43 PM changes to lobby hours
BSAguy Offline
Gold Star
Joined: Aug 2007
Posts: 306
Kansas
We are considering a change in our lobby hours for some of our branches. I have looked but can't find any requirements for disclosing this. Am I missing something? We are an OCC-regulated bank.

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CRA
#1450019 - 09/30/10 10:51 AM Re: changes to lobby hours BSAguy
Tennismom Offline
Platinum Poster
Tennismom
Joined: Jan 2004
Posts: 778
http://www.occ.treas.gov/corpbook/group3/public/pdf/brclose.pdf

See page 1 of the handbook re: change in hours - Advance notice is not required.

However, we critically look at transaction volume, staffing, and impact to the community (availability of alternate delivery services) before proposing a reduction of service. We do this across the board, no matter what the census tract income level. You may want to check with your state's banking regulator.

When we do reduce service, we post advance notice (30 day) at the branch.

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#1450296 - 09/30/10 05:21 PM Re: changes to lobby hours Tennismom
bOaty Offline
Power Poster
bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
BSAguy,

Make sure your public file gets changed to reflect the new operating hours. This isn't required until April 1st each year but you may prefer to update throughout the year so changes aren't forgotten.
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#1452398 - 10/06/10 05:04 PM Re: changes to lobby hours bOaty
BSAguy Offline
Gold Star
Joined: Aug 2007
Posts: 306
Kansas
Thanks for the help.

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