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#1056443 - 10/02/08 03:28 PM Public File
gunches Offline
100 Club
Joined: Dec 2005
Posts: 210
Due to a recent merger, we have 3 main locations and 7 branches. Only 1 location and 1 branch were HMDA reporters prior to the merge.
Can somebody tell me what needs to be in a public file at each location and what signs need to be posted in the lobby at these locations? Do all 10 locations need identical public files?

where can I find this information?

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#1056507 - 10/02/08 04:05 PM Re: Public File gunches
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,532
Bloomington, IN
How do you have 3 "main" branches?

If you are referring to HMDA you must have the disclosure in the "main" (home) branch and the lobby disclosure for other branches within the same MSA or that are not located in a MSA.

For branches that located in a MSA other than where your main branch is they also need a copy of the disclosure, however, if you wish that disclosure can be for that specific MSA only. Review the GIR beginning on page C-6.

If you are referring to the CRA public file then you need to review 345.42.

http://www.fdic.gov/regulations/laws/rules/2000-6500.html
Last edited by Dan Persfull; 10/02/08 04:06 PM.
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The opinions expressed are mine and they are not to be taken as legal advice.

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