In which of the following situations does a bank need to post a branch closing notice?
A) A bank closes a branch temporarily because of heavy hurricane damage.
B) A bank closes a branch in a suburban neighborhood because business has not adequately developed there.
C) A bank decides not to exercise its option to purchase a branch it has been temporarily running for the FDIC as a part of a purchase of a failed institution.
D) A bank closes a branch and moves it 850 feet down the street.
Correct Answer:
Verified
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