Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 1075 - SAVINGS BANK ACT
Subpart A - FILINGS
Section 1075.100 - Filings
Filings pertaining to matters named hereafter shall be subject to the indicated fee pursuant to the Savings Bank Act (the Act) [205 ILCS 205]. Such fee or fees shall be paid at the Department of Financial and Professional Regulation-Division of Banking (Division) at the time of filing. Payment shall be by check, draft or money order made payable to the Department of Financial and Professional Regulation (Department).
a) |
Permit to Organize (Section 3001 of the Act).................................................................................................... |
$ 1,000 |
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b) |
Merger (Section 8005 of the Act).................................................................................................... |
$ 1,000 |
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c) |
Sale of Assets (Section 8010 of the Act).................................................................................................... |
$ 1,000 |
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d) |
Amendment to Articles of Incorporation Providing for the Issuance of Permanent Reserve Shares (Section 5004 of the Act) (Section 1075.400 of this Part)........................................................................................................................................................................................................ |
$ 1,000 |
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e) |
Conversion from Savings Bank Charter to any Federal Charter (Section 8001 of the Act)........................................................... |
One times the last total annual Supervisory Fee calculated and assessed against the Savings Bank as set forth in Section 1075.130(a) and (b). |
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f) |
Hearing or Oral Argument - each applicant requesting a hearing or oral argument and/or each objector requesting a hearing or oral argument and/or each adversary participating in a hearing or oral argument (Section 9018 of the Act, 38 Ill. Adm. Code 100, and Section 1075.725 of this Part)................ |
$ 500 |
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Each applicant requesting a hearing or oral argument and/or each objector requesting a hearing or oral argument and/or each adversary participating in a hearing or oral argument shall bear its pro rata share of all expense incurred in said proceedings. |
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g) |
Application for Subsidiary Acquisition Fee (Section 2004 of the Act)........................................................... |
$ 250 |
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h) |
Conversion from Mutual to Capital Stock Form of Ownership (Section 5004 of the Act) (Subpart O of this Part).................................................................................................... |
$10,000 |
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i) |
Acquisition of Control of a Savings Bank (Sections 5002, 5004 and 5006 of the Act) (Subpart N of this Part).................................................................................................... |
$ 500 |
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j) |
Photocopy and Duplication Fees |
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1) |
Photocopies (per page)........................................................................................ |
$ .25 |
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2) |
Savings Bank Act (bound edition)........................................................................................ |
$ 25 |
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3) |
Rules (bound edition)........................................................................................ |
$ 25 |
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4) |
Annual Report (additional copies)........................................................................................ |
$ 25 |
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5) |
Mailing Labels.............................................................. |
$ 35 |
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k) |
Holding Company Registration Fee (Section 2002 of the Act).................................................................................................... |
$ 1,000 |
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l) |
Application for Subsidiary Acquisition Fee, Illinois Savings Bank Holding Company (Section 2004 of the Act).................................................................................................... |
$ 250 |
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m) |
The following fees apply to mutual holding company transactions: |
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1) |
Mutual Holding Company Reorganization with resulting savings bank stock offered to party other than the mutual holding company (Section 2007 of the Act)........................................................................................ |
$10,000 |
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2) |
Mutual Holding Company Reorganization with no resulting savings bank stock offered to any party except the mutual holding company (Section 2007 of the Act)........................................................................................ |
$ 3,000 |
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3) |
Subsequent Offerings: |
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A) |
First offering of resulting savings bank stock to a party other than the mutual holding company after reorganization described in subsection (m)(2) of this Section......................................................................... |
$ 7,000 |
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B) |
All other offerings to a party other than the mutual holding company......................................................................... |
$ 1,000 |
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4) |
Conversion of Mutual Holding Company to Stock Holding Company (Section 2007 of the Act)........................................................................................ |
$10,000 |