Facility Requirements - Bank Protection Act

Question:

Are there any written rules or guidelines for minimum requirements in regard to branch vaults, safes and safe deposit areas.

Answer:

Banks, credit unions and thrifts all have the same requirements regarding these topics -- and your state examining agency may have more stringent ones. Please download the appropriate version of the Bank Protection Act regulation from BOL -- and then contact your state examiner for state-specific information.

First published on BankersOnline.com 08/16/04