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BankersOnline.com Forums Banker Forums Need to Remain Anonymous LPO
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#2280224 - 01/24/23 08:51 PM LPO
Anonymous
Unregistered

Does the bank who is regulated by the Federal Reserve have to request to open an LPO? Would this fall under the state in which the bank is chartered?

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#2280252 - 01/25/23 03:08 PM Re: LPO Anonymous
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
"Regulated by the Federal Reserve" generally means the bank is state-chartered, and subject to state branching requirements.
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John S. Burnett
BankersOnline.com
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