Banks on wheels

Posted By: parr04

Banks on wheels - 12/05/22 09:57 PM

Does Oklahoma law allow for a bank to have a "bank on wheels"?
The OCC requires a branch charter for each "bank on wheels" but was not sure if this was even allowed in Oklahoma.
Posted By: rlcarey

Re: Banks on wheels - 12/05/22 11:44 PM

There does not appear to be a specific application for one. Call the OK Department of Banking.
Posted By: Pauli Loeffler

Re: Banks on wheels - 12/06/22 05:26 AM

Check out Sec. 501.2 of the Oklahoma Banking Code https://www.oscn.net/applications/oscn/deliverdocument.asp?id=104617&hits=77+