We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Loan production office definition

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 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 a staffed facility, other than a branch, that is open to the public and that provides lending-related services, such as loan information and applications.

Examples of Loan production office in a sentence

  • Insurance on a savings bank's deposit20 accounts when the beneficiary is the holder of the insured account.21 (18) Loan production office.

  • Loan production office states represented $104.0 million, or 78.2 percent, of nonperforming loans at June 30, 2008.


More Definitions of Loan production office

Loan production office means a physical location in this state at which representatives
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 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 lending-related services to the public, including loan information and applications.
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.
Loan production office means a staffed facility, other than a branch, that provides