jason stein banking structure division federal … structure division federal reserve bank of new...

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Domestic Branch ScheduleDomestic Branch Schedule

Jason SteinJason SteinBanking Structure DivisionBanking Structure Division

Federal Reserve Bank of New YorkFederal Reserve Bank of New York

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Specific InstructionsSpecific InstructionsDomestic Branch Schedule:Domestic Branch Schedule:

What to ReportWhat to ReportUse this schedule to report information on:Use this schedule to report information on:

–– Domestic branches and offices of any domestic depository Domestic branches and offices of any domestic depository institutions (including thrifts and banking Edge and institutions (including thrifts and banking Edge and agreement corporations) controlled directly or indirectly by agreement corporations) controlled directly or indirectly by a topa top--tier bank holding company (BHC).tier bank holding company (BHC).

–– Domestic branches of a state member bank or a banking Domestic branches of a state member bank or a banking Edge and agreement corporation that is not affiliated with Edge and agreement corporation that is not affiliated with a BHC.a BHC.

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What to reportWhat to report–– Reportable branches include (but are not limited to)Reportable branches include (but are not limited to)

Brick and mortar locationsBrick and mortar locationsDriveDrive--in facilitiesin facilitiesMobile/seasonal officesMobile/seasonal officesOffices on military bases of government Offices on military bases of government installationsinstallationsPaying or receiving stations or units (Not ATMs)Paying or receiving stations or units (Not ATMs)Internet and phone banking locations where a Internet and phone banking locations where a customer can open accounts, make deposits or customer can open accounts, make deposits or borrow moneyborrow money

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What to reportWhat to report–– Do not report information on:Do not report information on:

Administrative officesAdministrative officesLoan Production officesLoan Production officesConsumer Credit officesConsumer Credit officesStandStand--alone ATMsalone ATMsContractual OfficesContractual OfficesCustomer Bank Communications Terminals Customer Bank Communications Terminals ((CBCTsCBCTs))Electronic Fund Transfer Units (Electronic Fund Transfer Units (EFTUsEFTUs))

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Specific InstructionsSpecific Instructions

Domestic Branch Schedule:Domestic Branch Schedule:What to ReportWhat to Report

Use this schedule to report:Use this schedule to report:–– Initial opening of a branchInitial opening of a branch–– Acquisition of branches through a merger or Acquisition of branches through a merger or

absorption, or through a purchase and absorption, or through a purchase and assumption (P&A)assumption (P&A)

–– Sale of branches to another depository Sale of branches to another depository institutioninstitution

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Domestic Branch Schedule:Domestic Branch Schedule:What to ReportWhat to Report

Use this schedule to report:Use this schedule to report:–– Changes to the name, service type, location, Changes to the name, service type, location,

or other reportable characteristics of a or other reportable characteristics of a branchbranch

–– Closure of a branchClosure of a branch–– Deletion of erroneously reported Deletion of erroneously reported

branch/office branch/office –– Changes to previously reported informationChanges to previously reported information

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What to reportWhat to report–– Allowable exclusionsAllowable exclusions

Address change resulting from changes in street Address change resulting from changes in street names or zip codes, with no actual change in names or zip codes, with no actual change in physical branch locationphysical branch locationRelocations of less than 1,000 feet, if move does Relocations of less than 1,000 feet, if move does not involve change of countynot involve change of county

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When to reportWhen to report–– Information must be received at the Information must be received at the

appropriate Federal Reserve Bank within 30 appropriate Federal Reserve Bank within 30 calendar days of the occurrence of a calendar days of the occurrence of a reportable event.reportable event.

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Transactions Occurring Between Transactions Occurring Between January 1, 2008 and April 30, 2008January 1, 2008 and April 30, 2008

By May 30, 2008, Bank Holding Companies must By May 30, 2008, Bank Holding Companies must report all information pertaining to events listed in report all information pertaining to events listed in the “What to Report” section occurring between the “What to Report” section occurring between January 1, 2008 and April 30, 2008. This is to January 1, 2008 and April 30, 2008. This is to ensure that the records of the Federal Reserve ensure that the records of the Federal Reserve are upare up--toto--date.date.

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Domestic Branch Schedule:Domestic Branch Schedule:Items on the ScheduleItems on the Schedule–– Check box if a correctionCheck box if a correction

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Item 1.a Item 1.a –– Event Type Event Type –– Check the box that best describes the event type being Check the box that best describes the event type being

reported: reported: Opening (De Novo)Opening (De Novo)Purchase of BranchesPurchase of BranchesAcquisition of Branches Through Merger/AbsorptionAcquisition of Branches Through Merger/AbsorptionSale of BranchesSale of BranchesClosureClosure

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Item 1.a Item 1.a –– Event Type Event Type –– Check the box that best describes the event type being Check the box that best describes the event type being

reported: reported: RelocationRelocationName ChangeName ChangeChange in Service TypeChange in Service TypeDeletion of Erroneously Reported Branch/OfficeDeletion of Erroneously Reported Branch/OfficeIf Other, please describe event typeIf Other, please describe event type

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Item 1.b Item 1.b –– Date of EventDate of Event–– Provide the date on which the reportable event took Provide the date on which the reportable event took

legal effect.legal effect.

Note: Note: -- TThe date reported for the opening or closing of a branch should reflect the actual opening or closing date. - For branches newly acquired by the head office through a merger, or acquisition, report the date the event occurred.

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Item 2 Item 2 –– Service TypeService Type–– Check the box that best describes the service type of Check the box that best describes the service type of

the branch:the branch:FullFull--ServiceServiceLimited ServiceLimited ServiceTrustTrustElectronic BankingElectronic Banking

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Item 3.a Item 3.a –– Popular NamePopular Name–– Provide the popular name of the branch being Provide the popular name of the branch being

reported. reported. Please include the Please include the wordword “mobile” in the popular name where “mobile” in the popular name where applicable. applicable.

Item 3.b Item 3.b –– Prior Popular NamePrior Popular Name–– Provide the prior popular name, if reporting a Provide the prior popular name, if reporting a

name change.name change.

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Item 4.a Item 4.a –– Current AddressCurrent Address–– Provide the current street address, city, county, state, Provide the current street address, city, county, state,

country, and zip/postal code of the branch.country, and zip/postal code of the branch.

Item 4.b Item 4.b –– Previous Address (if changes have Previous Address (if changes have occurred)occurred)–– In the event of a relocation or correction, provide the In the event of a relocation or correction, provide the

prior street address, city, county, state, country, and prior street address, city, county, state, country, and zip/postal code of the branch.zip/postal code of the branch.

Note: Do not use a post office box as the street address.Note: Do not use a post office box as the street address.

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Item 5 Item 5 –– Head Office Legal Name and LocationHead Office Legal Name and Location–– Provide the legal name of the head office, and current Provide the legal name of the head office, and current

location: city, state, country, and zip/postal code.location: city, state, country, and zip/postal code.

Note: Changes to head office information should be reported onlyNote: Changes to head office information should be reported only on the on the Banking Schedule discussed earlier in this presentation. Banking Schedule discussed earlier in this presentation.

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Item 6 Item 6 –– Branch Sales or PurchasesBranch Sales or Purchases–– Provide the name and address of the other depository Provide the name and address of the other depository

institution involved in the transaction.institution involved in the transaction.–– Provide the number of branches sold or purchased Provide the number of branches sold or purchased

onlyonly when:when:Sale of branches is through a partial purchase and Sale of branches is through a partial purchase and assumption transaction.assumption transaction.Purchase of branches is through a partial purchase and Purchase of branches is through a partial purchase and assumption transaction.assumption transaction.

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Sample 12:Sample 12:U.S. Bank Purchases Domestic Branches U.S. Bank Purchases Domestic Branches

In this example, Old Banking Inc, a U.S. In this example, Old Banking Inc, a U.S. commercial bank and a subsidiary of ABC commercial bank and a subsidiary of ABC Bancorp, is reporting the purchase of two Bancorp, is reporting the purchase of two branches from New Banking Inc, another branches from New Banking Inc, another U.S. commercial bank and a subsidiary of U.S. commercial bank and a subsidiary of XYZ Bancorp, through a partial purchase XYZ Bancorp, through a partial purchase and assumption. One branch is located in and assumption. One branch is located in New York, New York, and the other in New York, New York, and the other in Stamford, Connecticut. Both branches will Stamford, Connecticut. Both branches will be purchased on April 7, 2008.be purchased on April 7, 2008.

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For this situation:For this situation:

-- ABC Bancorp, on behalf of Old Banking Inc, is ABC Bancorp, on behalf of Old Banking Inc, is required to submit two Domestic Branch required to submit two Domestic Branch Schedules. One schedule to report the Schedules. One schedule to report the purchase of the New York Branch, and another purchase of the New York Branch, and another schedule to report the purchase of the schedule to report the purchase of the Stamford Branch.Stamford Branch.

-- XYZ Bancorp, on behalf of New Banking Inc, XYZ Bancorp, on behalf of New Banking Inc, is also required to submit two Domestic Branch is also required to submit two Domestic Branch Schedules. One schedule to report the sale of Schedules. One schedule to report the sale of the New York Branch, and another schedule to the New York Branch, and another schedule to report the sale of the Stamford Branchreport the sale of the Stamford Branch

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Sample 12:Sample 12:Before the Purchase of BranchesBefore the Purchase of Branches

ABC Bancorp

Old Banking Inc

BHC

Merchant Banking Investment

Investment Partnership Ltd.Nonbanking Subsidiary

Esquire Communications Company

60%

15%

U.S. CommercialBank

60%

Stockholm Holding Company

100%

Foreign Investment

Foreign Branch

Paris Branch

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Sample 12:Sample 12:U.S. Bank Purchases Domestic BranchesU.S. Bank Purchases Domestic Branches

New Banking IncU.S. Commercial Bank

New York Branch

Stamford Branch

Domestic Branch

Domestic Branch

Old Banking IncU.S. Commercial Bank

New York Branch

Stamford Branch

Domestic Branch

Domestic Branch

Paris BranchForeign Branch

Boston BranchDomestic Branch

ABC Bancorp XYZ BancorpBHC BHC

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Sample 12:Sample 12:After the Purchase of BranchesAfter the Purchase of Branches

ABC Bancorp

Old Banking Inc

BHC




60%

15%

U.S. CommercialBank

60%


100%

Foreign Investment

New York Branch

Stamford Branch

Foreign BranchDomestic Branch

Domestic Branch

Paris Branch

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(First Schedule) (First Schedule)

04/07/2008

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(First Schedule)(First Schedule)

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2727

New Banking Inc

New York, NY, USA, 10003

2



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(Second Schedule) (Second Schedule)

04/07/2008

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(Second Schedule)(Second Schedule)

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Old Banking Inc

New York, NY, USA, 10003

2



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Sample 13:Sample 13:Domestic Branch Relocates, Changes Its Domestic Branch Relocates, Changes Its

Name, and Updates Service Type Name, and Updates Service Type

In this example, the “New York Branch” of In this example, the “New York Branch” of Old Banking Inc, newly acquired from New Old Banking Inc, newly acquired from New Banking Inc, decided to change its service Banking Inc, decided to change its service type from “Full Service” to “Limited Service.” type from “Full Service” to “Limited Service.” At the same time, the branch relocated and At the same time, the branch relocated and changed it’s name. All three of these events changed it’s name. All three of these events were effective as of the opening of business were effective as of the opening of business April 8, 2008.April 8, 2008.

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Sample 13:Sample 13:Before the Changes to the BranchBefore the Changes to the Branch

ABC Bancorp

Old Banking Inc

BHC




60%

15%

U.S. CommercialBank

60%


100%

Foreign Investment

New York Branch

Stamford Branch


Domestic Branch

Paris Branch

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Sample 13:Sample 13:After the Changes to the BranchAfter the Changes to the Branch

ABC Bancorp

Old Banking Inc

BHC




60%

15%

U.S. CommercialBank

60%


100%

Foreign Investment

Liberty Street Branch

Stamford Branch


Domestic Branch

Paris Branch

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Name, and Updates Service TypeName, and Updates Service Type

04/08/2008

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