Loan production office definition
Loan production office means an office of the savings bank at which only activities related to money lending are conducted, which is not the principal office or a branch or an agency office or an office of an affiliated depository institution.
Loan production office means an office of a depository institution or institutions at which activities related to the lending of money are conducted, deposits are not received, and checks are not paid, and which office is not the principal office, a branch, or an agency of an affiliated depository financial institution.
Loan production office means a physical location in this state at which representatives
More Definitions of Loan production office
Loan production office means a physical location in this state at which rep- resentatives of a financial institution hold themselves out to the public as providing loan origination services, leasing services or services of a similar nature, but at which representatives of the financial institution do not conduct banking business.
Loan production office means a place of business at which a savings bank provides lending if the loans are approved at the main office or detached facility of the savings bank, but at which a savings bank may not accept deposits except through a remote service unit.
Loan production office means a staffed facility, other than a branch, that provides
Loan production office means a physical location in this state at which representatives of an insured institution or extranational institution hold themselves out to the public as providing loan origination services, leasing services or services of a similar nature, but at which representatives of the insured institution or extranational institution do not conduct banking business.
Loan production office means an office of a bank or out-of-state bank, other than a foreign bank, whose activities are limited to loan production and solicitation;
Loan production office means an office, working location, or storefront open to the public that is established and operated solely by Company, which may include a work site located within a business establishment not exclusively operated by Company, at which Company performs certain customer support services as an agent of Bank and administrative functions to assist Loan Applicants and Borrowers. For the avoidance of doubt, a Loan Production Office is not a branch of Bank.
Loan production office means an office of a state savings bank other than the principal or branch offices whose activities are limited to the generation of loans.