Illinois Administrative Code › Title 38 - FINANCIAL INSTITUTIONS › Part 1075 - SAVINGS BANK ACT › Subpart A - FILINGS › Section 1075.100 - Filings

Current through Register Vol. 48, No. 28, July 12, 2024
Filings pertaining to matters named hereafter shall be
				  subject to the indicated fee pursuant to the Savings Bank Act (the Act) [205
				  ILCS 205]. Such fee or fees shall be paid at the Department of Financial and
				  Professional Regulation-Division of Banking (Division) at the time of filing.
				  Payment shall be by check, draft or money order made payable to the Department
				  of Financial and Professional Regulation (Department).
a)
Permit to Organize
(Section 3001 of the
							 Act)....................................................................................................
$ 1,000
b)
Merger
(Section 8005 of the
							 Act)....................................................................................................
$ 1,000
c)
Sale of Assets
(Section 8010 of the
							 Act)....................................................................................................
$ 1,000
d)
Amendment to Articles of Incorporation Providing for
							 the Issuance of Permanent Reserve Shares
(Section 5004 of the Act) (Section
							 1075.400 of
							 this
							 Part)........................................................................................................................................................................................................
$ 1,000
e)
Conversion from Savings Bank Charter to any Federal
							 Charter
(Section 8001 of the
							 Act)...........................................................
One times the last total annual Supervisory Fee
							 calculated and assessed against the Savings Bank as set forth in Section
							 1075.130(a) and
							 (b).
f)
Hearing or Oral Argument - each applicant requesting
							 a hearing or oral argument and/or each objector requesting a hearing or oral
							 argument and/or each adversary participating in a hearing or oral argument
							 (Section 9018 of the Act, 38 Ill. Adm. Code 100, and Section
							 1075.725 of this
							 Part)................
$ 500
Each applicant requesting a hearing or oral argument
							 and/or each objector requesting a hearing or oral argument and/or each
							 adversary participating in a hearing or oral argument shall bear its pro rata
							 share of all expense incurred in said proceedings.
g)
Application for Subsidiary Acquisition Fee
(Section 2004 of the
							 Act)...........................................................
$ 250
h)
Conversion from Mutual to Capital Stock Form of
							 Ownership
(Section 5004 of the Act) (Subpart O of this
							 Part)....................................................................................................
$10,000
i)
Acquisition of Control of a Savings Bank
(Sections 5002, 5004 and 5006 of the Act) (Subpart N
							 of this
							 Part)....................................................................................................
$ 500
j)
Photocopy and Duplication Fees
1)
Photocopies (per
							 page)........................................................................................
$ .25
2)
Savings Bank Act (bound
							 edition)........................................................................................
$ 25
3)
Rules (bound
							 edition)........................................................................................
$ 25
4)
Annual Report (additional
							 copies)........................................................................................
$ 25
5)
Mailing
							 Labels..............................................................
$ 35
k)
Holding Company Registration Fee
(Section 2002 of the
							 Act)....................................................................................................
$ 1,000
l)
Application for Subsidiary Acquisition Fee, Illinois
							 Savings Bank Holding Company
(Section 2004 of the
							 Act)....................................................................................................
$ 250
m)
The following fees apply to mutual holding company
							 transactions:
1)
Mutual Holding Company Reorganization with resulting
							 savings bank stock offered to party other than the mutual holding
							 company
(Section 2007 of the
							 Act)........................................................................................
$10,000
2)
Mutual Holding Company Reorganization with no
							 resulting savings bank stock offered to any party except the mutual holding
							 company
(Section 2007 of the
							 Act)........................................................................................
$ 3,000
3)
Subsequent Offerings:
A)
First offering of resulting savings bank stock to a
							 party other than the mutual holding company after reorganization described in
							 subsection (m)(2) of this
							 Section.........................................................................
$ 7,000
B)
All other offerings to a party other than the mutual
							 holding
							 company.........................................................................
$ 1,000
4)
Conversion of Mutual Holding Company to Stock Holding
							 Company
(Section 2007 of the
							 Act)........................................................................................
$10,000