The Office of Thrift Supervision has proposed guidelines for branch closings by savings and loan associations.

The policy clarifies provisions in the Federal Deposit Insurance Corp. Improvement Act of 1991 that require thrifts and banks to notify customers and regulators at least 90 days before closing a branch office.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.