Final Rule On Establishment Or Relocation Of Branches And Main Offices

The FDIC issued FIL-60-2025 amending its rules and regulations governing the establishment of a domestic branch or relocation of a main office or domestic branch.

The new rule contains a number of definitions:

“branch” is defined as a place where deposits are received, checks are paid, or money is lent, but does not include a remote service unit.

“branch relocation” is defined as a move within the same immediate neighborhood of the existing branch but does not substantially affect the nature of the business of the branch or the customers of the branch.

“de minimis change” occurs when a branch exchanges one physical facility for another for the same approximate location, such as where a direct line of sight exists between the two facilities, the facilities share the same parking area, or the facilities are located on contiguous properties or on the same block.