0180-07-.08
Fees
Cite as Tenn. Comp. R. & Regs. 0180-07-.08
(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
RULES OF PRACTICE: APPLICATIONS, INSTRUCTIONS, FORMS,
CHAPTER 0180-7
REPORTS OF STATE BANKS, AND SCHEDULE OF
APPLICATION FEES FOR STATE BANKS, BIDCOS,
SAVINGS BANKS AND TRUST COMPANIES.
(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.