The question has been asked if it's permissible to share a credit report obtained for a credit loan application within the branch network. I believe the answer is no but having a hard time finding a reference in FCRA. There may be contract issues with this as well. Any thoughts?

For what reason are you "sharing" it?

My understanding is opportunities to cross sell

That would be an impermissble business purpose. You cannot use a credit report pulled to open an account (deposit or loan) for marketing purposes at a later date.

Since FCRA does not have a commentary (you know, like a REAL bank regulation....), you have to look at the FTC Opinion Letters which are a bit haphazard to review, and a couple of them over-ride previously issued letters, BUT that is where you find the prohibition on using a previously pulled report for marketing purposes.

Here is the index of the Opinion Letters:
http://www.ftc.gov/os/statutes/fcra/index.shtm

The Gowen letter is the one that rains on the Marketing Parade:
http://www.ftc.gov/os/statutes/fcra/gowen.shtm