BANKING & FINANCIAL INSTITUTIONS

Regulating Financial Services, Protecting Montanans

Conversion to a Montana State-Chartered Bank

APPLICATION

Application for Conversion of an Existing National-Chartered Bank to a State-Chartered Bank

FEE

A nonrefundable application fee of $1,500 must be paid to the department at the time of application.

NEWSPAPER PUBLICATION REQUIREMENTS

The cashier of the bank shall publish notice of the change once a week for 4 consecutive weeks in the newspaper that the directors select.

LAWS AND RULES

 

32-1-374, MCA: Conversion of National to State Bank

ARM 2.59.134: Conversion of a National Bank to a State Bank