Savings Bank Charter

A person, firm, or corporation engaged in the business of receiving, soliciting, or accepting money or its equivalent on deposit, or of lending money or its equivalent, or of both.

Other Information

Duration of License

Perpetual

Authority

GS 54C

Exam: State Exam Required
License Type: Stand-Alone License

Fees

Application
$8,000.00
New License
$0.00
Renewal
$0.00
Reciprocity:
$0.00
Miscellaneous:
$0.00

Other Requirements

Annual assessment based on asset size

Licensing Authority

NC Department of Commerce
Office of the Commissioner of Banks
316 W Edenton Street
Raleigh, NC 27603-
919-733-3016

Please check with your local City, County or Municipality for area specific license requirements they may have.