Banking

Banking Applications

 

Form

We handle requests from bank holding companies, state member banks, foreign organizations and individuals to form a bank holding company, acquire a bank or a controlling interest in a banking organization, engage in certain non-bank activities, merge with another bank or establish branches.

 

Application Types

The link provides a general description of the filing, the publication requirements, the form to be submitted, the processing time frame, and the relevant statutory factors associated with that type of proposal.

Forms

Types of filings processed by the Federal Reserve System are provided. Select a filing type to obtain the required form and filing instructions. Also available- special instructions on how to establish a De Novo branch

The number of copies of an application/notice to be submitted to this Reserve Bank is dependent on the type of application/notice that is filed.

Electronic Application Submission

Banking companies and their representatives can sign up to use E-Apps, a secure method of submitting banking applications to the Federal Reserve System over the Internet.  Some of the benefits of E-Apps include:

  • Savings – reduce mailing and copying costs
  • Speed – transmit banking applications and subsequent documents in real time
  • Ease of use – submit documents online directly from your computer
  • Verification – instantly confirm that your application or subsequent documents were submitted

For more details and applicable links, refer to Electronic Applications General Information.  Additionally, please contact Adam Drimer (804-697-8980) or Wayne Cox (804-697-8219) if you have any questions.

Request Copies

Copies of banking applications may be requested from the Reserve Bank. Requests must be made in writing, via mail or by facsimile, or by e-mail. Please note a fee for copies may be charged. Requests should be forwarded to:

Ivy Carter
Federal Reserve Bank of Richmond
P. 0. Box 27622
Richmond, VA 23261
Fax: (804)697-4021
Phone: (804)697-8826

Where to Send Applications/Notices or Request Public Information

Mail:
Adam M. Drimer
Assistant Vice President
Federal Reserve Bank of Richmond
P.O. Box 27622
Richmond, VA 23261

Parcel Delivery:
Adam M. Drimer
Assistant Vice President
Federal Reserve Bank of Richmond
FRBR Warehouse
2050 Magnolia Street
Richmond, VA 23223

Commenting on an Application

Parties wanting to comment on banking applications must submit their comments in writing, via mail or facsimile. Comments must be received by the Reserve Bank on or before the last day of the public comment period. Comments should be forwarded to:

Adam M. Drimer
Assistant Vice President
Federal Reserve Bank of Richmond
P. 0. Box 27622
Richmond, VA 23261
Fax: (804)697-4021

Contact Us

Richmond

Adam Drimer
Assistant Vice President
(804) 697-8980

Wayne Cox
Banking Applications Manager
(804) 697-8219