In which of the following cases is a branch closing notice required?
A. Bank E is closing its near-town facility because of its outmoded building and equipment. Bank E has commissioned a study from a local development center to determine if it is feasible to re-open its branch in the future.
B. Bank A decides to stop cashing checks for noncustomers at its neighborhood branch.
C. Bank D is closing its drive-through facilities in its near-town neighborhood branch, although its regular facility is remaining.
D. Bank B and Bank C merge. Each has a branch in the near-town neighborhood. The merged organization is closing the branch that was formerly Bank B and merging it into the branch that was formerly Bank C.
Answer:A
In which of the following cases is a branch closing notice required?
A. Bank E is closing its near-town facility because of its outmoded building and equipment. Bank E has commissioned a study from a local development center to determine if it is feasible to re-open its branch in the future. B. Bank A decides to stop cashing checks for noncustomers at its neighborhood branch. C. Bank D is closing its drive-through facilities in its near-town neighborhood branch, although its regular facility is remaining. D. Bank B and Bank C merge. Each has a branch in the near-town neighborhood. The merged organization is closing the branch that was formerly Bank B and merging it into the branch that was formerly Bank C.