The following schedule of fees shall apply to applications from depository institutions and examinations by the Department of Insurance, Securities and Banking:
Charter Offering Circular | $10,000 $5,000 |
Articles of Incorporation and By-Laws | $3,000 |
Conversion of charter | $7,500 |
Branch (includes Out-of-State Bank application to operate in the District) | $2,500 |
Branch, agency or representative office of a foreign bank | $3,000 |
Branch (S&L) | $2,500 |
Bank Examination (for specialty exams only) | $100/hr/per |
Merger | $5,000 |
Office Relocation | $2,000 |
Fiduciary or other addt'l powers | $2,500 |
Operating subsidiary | $2,000 |
BHC formation | $6,000 |
BHC acquisition | $6,000 |
Non-branch facilities (electronic) | $1,000 |
Non-branch facilities (brick & mortar) | $1,000 |
Certificate of good standing | $200 |
Reservation of name | $1,000 |
Except as provided in section 601.4 below, District chartered banks also shall be subject to an annual assessment at a rate of $25,000 per year, plus $50 per million dollars of assets.
The assessment shall be determined and billed, on a semi-annual basis, upon assets as of June 30th and December 31st of each year.
A District of Columbia chartered bank shall be exempt from assessment for the first two (2) years of operations, if the bank began operations as a de novo District of Columbia bank.
D.C. Mun. Regs. tit. 26, r. 26-C601