Branch Closing Policy
This Branch Closing Policy Template addresses applicable laws, rules and regulations regarding branch closings of a bank, credit union, or other type of financial institution.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Operating Hours and Emergency Closings – Topic 4
- Applicability – Topic 5
- Required Notifications – Topic 6
- Regulatory Authority and Consideration – Topic 7
- Branch Closing Quick Reference Guide – Topic 8
- Audit Policy – Topic 9
- Staff Training – Topic 10
- Retention of Documentation – Topic 11
Includes the following form template:
Branch Closing Letters (3 pages)
Recent updates to this product:
OCC Bulletin 2023-6 – Branch Closings: Revised Comptroller’s Licensing Manual Booklet
OCC Bulletin 2022-11 – Revised Licensing Booklets – Revised Comptroller’s Licensing Manual Booklets
This Branch Closing Policy Template (approximately 12 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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