A bank may provide real estate brokerage services directly or through a subsidiary at its home office, authorized branch offices, and other locations, provided, the bank does not make loans, accept deposits, provide trust services other than as permitted by s. 221.0316, Stats., or cash checks or other negotiable instruments at such other locations. Notification of locations shall be made annually as part of the financial statement provided to the division of banking under s. DFI-Bkg 16.04. Prior approval by the administrator of the division of banking of such other locations is not required.
Wis. Admin. Code Department of Financial Institutions DFI-Bkg 16.05