Get The Department Of Financial Institutions - In

Filling out the Department of Financial Institutions' form is essential for those interested in bidding on troubled or failed financial institutions. This guide provides clear, step-by-step instructions to help users understand each component of the form and complete it accurately.

Follow the steps to fill out the online form successfully.

1. Press the 'Get Form' button to access the form online and open it in the designated editor.
2. Begin by entering the name of the applicant bank in the designated field. Ensure that the name is accurate and reflects the institution applying.
3. Provide the complete address of the applicant bank, including the street number, city, county, state, and ZIP code. Double-check for any typographical errors.
4. Fill in the name of the bank holding company if applicable. Again, ensure the accuracy of this information.
5. Identify the financial institution or branch that is the subject of the acquisition by entering its name and full address.
6. Review the section labeled 'Information for the Applicant' to ensure you understand any requirements, such as the need to contact department representatives or comply with capital requirements.
7. Complete the financial information section by providing balance sheets and other required financial documents, ensuring they reflect accurate and pro forma data.
8. Document any existing intangible assets of the bank and bank holding company in the spaces provided.
9. If necessary, describe any proposed adjustments to the institution's capital structure, detailing the method and terms of any borrowing arrangements.
10. Fill out the merger resolution section, ensuring that it is approved and recorded correctly by the board of directors, as stated in the instructions.
11. Before submitting the form, ensure all required documents are prepared and compiled, including any applications filed with Federal Regulatory Agencies.
12. Finally, save your changes and consider downloading, printing, or sharing the completed form as needed.

Complete your documents online today to ensure a smooth submission process.