CHAPTER Ban
500 ADOPTION OF RULES UNDER RSA 394-A
GRANTING STATE-CHARTERED FINANCIAL INSTITUTIONS POWERS OF CORRESPONDING
FEDERALLY- CHARTERED FINANCIAL INSTITUTIONS
PART
Ban 501 FORMAT AND PROCEDURES FOR
PETITIONING OF COMMISSIONER - RESERVED
Ban 501.01 - 501.03 - REPEALED
Source. #1798, eff 8-23-81, became EXEMPT from expiration
pursuant to 1983, 287:2, eff 6-18-83; rpld by #12356, eff 8-3-17
PART
Ban 502 DEPOSITS OF PUBLIC MONEY IN
THRIFT INSTITUTIONS - RESERVED
Ban 502.01 - 502.06 - REPEALED
Source. #1840, eff
11-2-81, became EXEMPT from expiration
pursuant to 1983, 287:2, eff 6-18-83; rpld by #12356, eff 8-3-17
PART
Ban 503 COMMERCIAL, CORPORATE OR
BUSINESS LOANS OF THRIFT INSTITUTIONS - RESERVED
Ban 503.01 - 503.04 - REPEALED
Source. #1840, eff
11-2-81, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
PART
Ban 504 COMMERCIAL, CORPORATE OR
BUSINESS DEMAND DEPOSITS IN THRIFT INSTITUTIONS - REPEALED
Source. #1840, eff 11-2-81; rpld by #4108, eff 8-6-86
PART
Ban 505 TRUST POWERS OF THRIFT
INSTITUTIONS - REPEALED
Ban 505.01 - 505.04 - REPEALED
Source. #1845, eff
11-9-81, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
PART
Ban 506 SALE OF FEDERAL FUNDS BY STATE
CHARTERED CREDIT UNIONS - RESERVED
Ban 506.01 - 506.07 - REPEALED
Source. #1853, eff
11-16-81, became EXEMPT from expiration pursuant
to 1983, 287:2, eff 6-18-83; rpld by #12356, eff 8-3-17
PART
Ban 507 NON-INTEREST BEARING NEGOTIABLE
ORDERS OF WITHDRAWAL FOR BUSINESS CUSTOMERS (NINOWS) - EXPIRED
Ban 507.01 Commercial Deposits Allowed.
Source. #1868, eff 12-4-81, EXPIRED: 12-4-83
Ban 507.02 Deposit Rules Required.
Source. #1868, eff 12-4-81, EXPIRED: 12-4-83
PART
Ban 508 INVESTMENTS OF THRIFT
INSTITUTIONS IN SERVICE CORPORATIONS – RESERVED
Ban 508.01 – 508.06 – REPEALED
Source.
#1897, eff 1-04-82, became EXEMPT from expiration
pursuant to 1983, 287:2, eff 6-18-83; ss by #3034, eff 7-7-85, EXEMPT from expiration; rpld by #12356,
eff 8-3-17
PART
Ban 509 VOTING PROXIES IN CONVERSION OF
MUTUAL BANKS TO STOCK BANKS (CO-OPERATIVE BANKS) - RESERVED
Ban 509.01 REPEALED
Source. #1987, eff 3-26-82,
became
EXEMPT from expiration pursuant to 1983,
287:2, eff 6-18-83; rpld by #12356, eff 8-3-17
PART
Ban 510 CREDIT UNION POWERS
Ban 510.01 Definitions.
(a)
"Corporate central credit union" or "corporate
central" means a credit union operated for the primary purpose of serving
corporate accounts or other credit union accounts.
(b)
"Service corporations" means any other organization providing
services which are associated with the routine operations of credit unions.
(c)
"Federal credit union act" means the act of June 26, 1934
including subchapters, as amended from time to time. (Chapter 14 of Title 12 of the
(d)
"Commissioner" means the same as provided in Ban 101.01.
(e)
"Department" means the same as provided in Ban 101.02.
(f)
"Credit union" means any corporation organized under RSA 394-B
or by legislative charter.
(g)
"National credit union central liquidity facility" means the
same as the "central liquidity facility" or "facility" as
established by subchapter III of the Federal Credit Union Act.
(h)
"Undivided earnings" or "undivided profits" means
the account to which current net earnings or profits are credited and consists
of undistributed earnings available for dividends and losses.
(i)
"Surplus account" means the total of the credit union guaranty
fund account, undivided profits account and reserve accounts, if any.
(j)
"Share capital and deposit capital" means the member shares
and deposits of the credit union.
Source. #2120, eff
8-12-82, became EXEMPT from expiration pursuant
to 1983, 287:2, eff 6-18-83; amd by #7632, eff
1-29-02, EXEMPT from expiration
Ban 510.02 - REPEALED
Source. #2120, eff
8-12-82, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
Ban 510.03 Investments in Service Corporations. A credit union may invest its funds in the
shares, stocks or obligations of any organization, providing services which are
associated with the routine operations of credit unions up to 1% of the total paid
in and unimpaired share and deposit capital and surplus account of the credit
union with the approval of the commissioner, provided, however, that such
authority does not include the power to acquire control directly or indirectly
of another financial institution, nor invest in shares, stocks or obligations
of an insurance company, trade association, liquidity facility or any other
similar organization, corporation or association.
Source. #2120, eff
8-12-82, became EXEMPT from expiration pursuant to 1983,
287:2, eff 6-18-83
Ban 510.04 - 510.05 - REPEALED
Source. #2120, eff
8-12-82, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
Ban 510.06 Investment in National Credit Union
Central Liquidity Facility. A credit
union may invest in shares or deposits of any central liquidity facility in
which such investments are specifically authorized by the board of directors of
the credit union making the investment.
Source. #2120, eff
8-12-82, became EXEMPT from expiration pursuant to 1983,
287:2, eff 6-18-83
Ban 510.07 Loans and Lines of Credit to Members.
- REPEALED
Source. #4716, eff 12-6-89, EXPIRED: 12-6-95; rpld by
#12356, eff 8-3-17
Ban 510.08 – REPEALED
Source. #6071, eff 7-29-95, EXEMPT from expiration; rpld by #12356, eff 8-3-17
Ban
510.09 Credit Union Branching. -
EXPIRED
Source. #8486, eff 11-11-05, EXPIRED: 11-11-13
PART
Ban 511 DIVIDENDS AND INTEREST PAID BY
THRIFT INSTITUTIONS - RESERVED
Ban
511.01 - 511.03 RESERVED
Source. #2121, eff
8-12-82, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
PART
Ban 512 DEPOSITS IN FINANCIAL
INSTITUTIONS - RESERVED
Ban
512.01 - 512.02 - REPEALED
Source. #2132, eff
9-17-82, became EXEMPT from expiration pursuant to 1983, 287:2, eff 6-18-83; rpld by
#12356, eff 8-3-17
PART
Ban 513 DISTRIBUTION OF PROFITS AND
DIVIDENDS BY STATE-CHARTERED THRIFT INSTITUTIONS (COOPERATIVE BANKS) – RESERVED
Ban 513.01 - 513.02 – REPEALED
Source. #2469-a, eff 9-8-83, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 514 INTERSTATE LENDING AUTHORITY -
RESERVED
Ban 514.01 - 514.02 - REPEALED
Source. #2470, eff 9-7-83, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 515 RECEIPT OF FUNDS FROM OTHER
CREDIT UNIONS - RESERVED
Ban 515.01 - REPEALED
Source. #2548, eff 1-5-84, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 516 SERVICE CHARGES ON SAVINGS
ACCOUNTS OF STATE CHARTERED THRIFT INSTITUTIONS (BUILDING AND LOAN ASSOCIATIONS
AND/OR CO-OPERATIVE BANKS) - RESERVED
Ban 516.01 - 516.02 - REPEALED
Source. #2611, eff 3-3-84, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 517 CORPORATE TITLE OF THRIFT
INSTITUTIONS - RESERVED
Ban
517.01 - 517.02 – REPEALED
Source. #2699, eff 5-4-84, EXEMPT from expiration; rpld by #12356, eff 8-3-17
Ban 517.03 Approval by Bank Commissioner. -
REPEALED
Source. #2699, eff 5-4-84; rpld by #5263, eff
10-31-91
PART
Ban 518 - RESERVED
Source. #2700, eff 5-4-84, EXEMPT from expiration, rpld by #6858, eff 9-25-98
PART
Ban 519 REQUIREMENTS AND PROCEDURES FOR
CONVERSIONS OF MUTUAL SAVINGS BANKS AND ASSOCIATIONS TO STOCK FORM - RESERVED
Ban 519.01 - 519.10 - REPEALED
Source. #5663, eff 7-2-93, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 520 REQUIREMENTS AND PROCEDURES FOR
RETAIL SALES OF MUTUAL FUNDS AND OTHER UNINSURED PRODUCTS - RESERVED
Ban 520.01 - 520.03 – REPEALED
Source. #5883, eff 8-24-94, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 522 REAL ESTATE LENDING STANDARDS -
RESERVED
Ban
522.01 - 522.02 – REPEALED
Source. #5896, eff 9-15-94, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 523 NATIONAL BANK POWERS - RESERVED
Statutory
Authority: RSA 394-A:7
Ban 523.01 - 523.03 – REPEALED
Source. #6260, eff 5-31-96, EXEMPT from expiration; ss by #9590, eff 11-9-09, EXEMPT from expiration; rpld by #12356,
eff 8-3-17
Ban 523.04 – REPEALED
Source. #9590, eff 11-9-09, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 524 AFFILIATE AGENCY POWERS -
RESERVED
Ban 524.01 - 524.02 – REPEALED
Source. #6315, eff 8-10-96, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 525 FEDERAL SAVINGS ASSOCIATION
POWERS - RESERVED
Statutory
Authority: RSA 394-A:7
Ban 525.01 - 525.03 – REPEALED
Source. #7461, eff 3-16-01, EXEMPT from expiration; ss by #9591, eff 11-9-09, EXEMPT from expiration; rpld by #12356,
eff 8-3-17
Ban
525.04 - 525.05 – REPEALED
Source. #9591, eff 11-9-09, EXEMPT from expiration; rpld by #12356, eff 8-3-17
PART
Ban 526 F EDERAL CREDIT UNION POWERS - RESERVED
Statutory
Authority: RSA 394-A:7
Ban 526.01 - 526.04 – REPEALED
Source. #9592, eff 11-9-09, EXEMPT from expiration; rpld by #12356, eff 8-3-17
APPENDIX
RULE |
STATUTE |
|
|
Ban
510.09 |
RSA
394-B:52-a |