Closed for Lunch

Posted By: Lele

Closed for Lunch - 07/09/19 05:31 PM

Is there any state law that says the bank cannot close for lunch? Covering all my bases... Thanks!
Posted By: rlcarey

Re: Closed for Lunch - 07/10/19 10:57 AM

You need to review: 655.89 Legal holidays; business days; business and transactions.

Kind of defeats the idea that someone that works fulltime and needs to go to the bank might do it over their lunch hour, does it not?
Posted By: John Burnett

Re: Closed for Lunch - 07/10/19 01:33 PM

I do hope that your question about closing for lunch isn't connected to a "one-person" branch that some people have asked about. Either idea is a bad one, IMHO.
Posted By: Lele

Re: Closed for Lunch - 09/20/19 03:13 PM

If one of the branches wants to changes regular hours from 9-5 to 10-4, does this require any more than posting on the door the changes with direction to another branch in the area? (And updating CRA file)

Thank you.
Posted By: Rocky P

Re: Closed for Lunch - 09/23/19 11:49 PM

Lele, I cannot tell the documentational or legal requirements, but it might be a potentially bad idea if the branch was in a LMI area or was in or serviced majority/minority tracts. Check the redlining exam steps in Fair Lending