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

Examples of Loan production office in a sentence

• Loan production office locations may be shared by one or more financial institutions provided that each Louisiana financial institution complies with the provisions of this rule.

• As used in this act:(a) "LLC member" means a person with ownership interest under the Michigan limited liability company act, 1993 PA 23, MCL 450.4101 to 450.5200.(b) "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.

• Subject to any applicable approval of the appropriate regulator, Defendant must open or acquire one additional branch or Mortgage Loan production office (“LPO”) in the Memphis MSA.

• The Loan production office shall be in a retail-oriented space in a visible location accessible to concentrations of owner - occupied residential properties in the majority-African-American census tracts in the City or County of St. Louis.

• 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.

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 represen- tatives of the insured institution or extranational institution do not conduct banking business.

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 physical location in this state at which representatives 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 staffed facility, other than a branch, that provides

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