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Placing ATM in Mall Location (No Branch in State)

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Question: 
We have an opportunity to place one of our ATMs at a Mall location in Nebraska. Currently we do not have any branch locations in Nebraska. I was trying to find any information on whether or not that is acceptable. I don’t know if by regulatory prohibitions we are unable to place an ATM in Nebraska without a branch in Nebraska? I don’t know if limited service branch makes any differences either but I thought I would ask if it is a possibility. If you have any guidance on where I could find information about this topic I would appreciate it.
Answer: 

You have failed to state what sort of financial institution you are (State, National, etc.), but I would start with your regulator and the State regulator in Nebraska.

First published on 05/26/2019

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