Section 7.1004 - Establishment of a loan production office by a national bank(a)In general. A national bank or its operating subsidiary may engage in loan production activities at a site other than the main office or a branch of the bank. A national bank or its operating subsidiary may solicit loan customers, market loan products, assist persons in completing application forms and related documents to obtain a loan, originate and approve loans, make credit decisions regarding a loan application, and offer other lending-related services such as loan information and applications at a loan production office without violating 12 U.S.C. 36 and 12 U.S.C. 81 , provided that "money" is not deemed to be "lent" at that site within the meaning of § 7.1003 and the site does not accept deposits or pay withdrawals.(b)Services of other persons. A national bank may use the services of, and compensate, persons not employed by the bank in its loan production activities. 85 FR 83727 , Dec. 22, 2020