The Federal Deposit Insurance Corporation Improvement Act of 1991 requires institutions that propose to close branches to notify regulators and submit supporting material. This notification invites rather routine inquiry into lending and other activities in troubled areas.

Those charged with Community Reinvestment Act compliance may find it instructive to review Ameritrust Corp.'s experience with branch closings and related consolidations. Ameritrust was taken over by another Ohio banking company, Society Corp., in early 1992.

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