Second National has decided to close one of its less profitable neighborhood branches. Which of the following actions is NOT required of the bank under federal law?

Question

Quizplus · Accepted Answer

While it may be a good business practice to publish a notice of the branch closing in the local newspaper, it is not actually required by federal law. The other three actions listed - notifying the regulatory agency, notifying branch customers, and posting a notice at the branch - are all required under federal law.

Second National Has Decided to Close One of Its Less