We are a bank out of PA that is in the process of aquiring a bank in Ohio. We plan on closing one of the Ohio branches on Saturdays because of staffing reasons. We were told by the employees that we can't do this without regulatory approval because of "Ohio State Laws". I can't find anything on this. Anyone have any insight??

I don't see anything. If they are sure, then I would be asking them or call the Ohio Department of Banking or equivalent.

They may be referring to the Ohio Revised Code reference to change of banking operations:

http://codes.ohio.gov/orc/11

1117.03 Banking office schedules.

(A) A bank may propose to operate a banking office on a less than full-time basis, whether it be regular, intermittent, or occasional.

(B) If a proposed banking office is to be operated by use of a mobile facility, it may do business at more than one identified location.

(C) A bank that establishes a banking office shall notify the superintendent of financial institutions prior to doing either of the following:

(1) Changing the banking office's schedule of operation from part-time to full-time or full-time to part-time;

(2) If the banking office is operated by use of a mobile facility, adding or eliminating any location at which the banking office transacts business within the banking office's service area or changing the banking office's schedule of operation.

Effective Date: 01-01-1997


Also, there is not a Ohio Department of Banking, it is The Ohio Division of Financial Institutions, (ODFI).