§30 Change of Name or Location

Summary

A national bank may change its name or move its main office if it gives written notice to the Comptroller of the Currency and follows these rules. Any new name must include the word "National." The bank can move its main office to any authorized branch inside the same city, town, or village with notice. To move outside those limits it needs a vote of shareholders owning two-thirds of the stock and a certificate of approval from the Comptroller, and the new location can be no more than thirty miles beyond the limits. If a national bank moves its main office from one State to another after May 31, 1997, it can keep and run branches in the old State only as allowed by section 36(e)(2). A bank that changed from a Federal savings association to a national or State bank after November 12, 1999 may keep the word "Federal" in its name while it stays an insured depository institution. The words "depository institution," "insured depository institution," "national bank," and "State bank" are used here with the meanings given in section 1813.