Rules & Regulations of the State of Tennessee
Title 0180 - Financial Institutions
Chapter 0180-07 - Rules of Practice: Applications, Instructions, Forms, Reports of State Banks, Schedule of Applications Fees for State Banks, BIDCO's, Savings Bank and Trust Companies
Section 0180-07-.08 - FEES

Universal Citation: TN Comp Rules and Regs 0180-07-.08

Current through April 3, 2024

(1) Following are the fees charged for each particular type of transaction:

(a) Application to organize a state bank, state BIDCO, state savings bank, state trust company or state credit card bank ..................................................................................................... $20,000.00

(b) Application/Notification to establish a branch office for a state bank, state BIDCO, state savings bank .................................................................................................................................... $300.00

(c) Application/Notification to relocate a main office or branch by a state bank, state BIDCO, state savings bank ....................................................................................................................... $300.00

(d) Application to relocate an office of a state trust institution ................................................ $300.00

(e) Application to form an interim bank ............................................................................... $1,000.00

(f) Application for a merger where the resulting institution will be a state-chartered bank, state-chartered savings bank, state trust company or state BIDCO and any change of control application ....................................................................................................................... $5,000.00

(g) Application for an acquisition where the resulting institution will be a state-chartered bank, state-chartered savings bank, state BIDCO or state trust company ................................. $5,000.00

(h) Application to convert to a state bank, state savings bank or state trust company .......... $3,000.00

(i) Application for a purchase and assumption transaction of less than substantially all of the assets of a bank by a state-chartered bank, savings bank, or a state BIDCO ................................ $500.00

(j) Licensing fee per location for a state BIDCO .................................................................... $500.00

(k) Application to engage directly or indirectly through a subsidiary in securities activities by a state bank, savings bank or state trust company ...................................................................... $1,000.00

(l) Filing fee for a state trust institution to establish or acquire a trust office .......................... $500.00

(m) Application for private trust company status ................................................................... $1,000.00

(n) Annual certification to maintain status as an exempt private trust company ...................... $250.00

(o) Filing fee for conversion from private trust company to public trust company ............ $10,000.00

(p) Application by a state-chartered bank or state trust company for a charter amendment that requires the approval of the shareholders ........................................................................... $100.00

(q) Application by a state-chartered bank or a state-chartered savings bank to begin exercising fiduciary powers ................................................................................................................. $100.00

(r) Application by a state-chartered bank or a state-chartered savings bank to establish an automated teller machine at a location other than a main office or branch location .......... $100.00

(s) Application by a state-chartered bank to engage in any expanded activity requiring approval under Rule 0180-19-.05................................................................................................... $1,000.00

(2) If a process involves more than one transaction, the institution will be charged a separate fee for each application/notification.

Authority: T.C.A. §§ 45-1-107, 45-1-118, 45-2-103, 45-2-215, 45-2-218, 45-2-614, 45-2-1303, 45-2-1304, 45-2-1307, 45-2-1402, 45-2-1403, 45-2-1802, 45-2-1803, 45-2-1902, 45-3-1002, 45-3-1003, 45-8-204, 45-8-207, 45-8-208, 45-8-211, 45-8-214, 45-11-105, 45-14-103, 45-14-104, 45-14-110, 45-14-111, and 45-14-113.

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