Illinois Administrative Code › Title 38 - FINANCIAL INSTITUTIONS › Part 370 - CORPORATE APPLICATIONS FOR BANKS AND CORPORATE FIDUCIARIES › Section 370.30 - Fee Schedule; Administration of Corporate Application Fees

Current through Register Vol. 48, No. 28, July 12, 2024
a) Fees shall be
			 submitted to the Division at the time of submission of any application or
			 notice. All fees filed in connection with an application or notice are
			 nonrefundable, regardless of whether the application or notice is ultimately
			 approved, denied, withdrawn, or abandoned.
b) While certain fees are set by statute and
			 paid on a regular, cyclical basis, others are "fees for service" and are billed
			 as the services are provided. Pursuant to Section 48(3)(f) of the Illinois
			 Banking Act, Section 5-10 of the Corporate Fiduciary Act [ 205 ILCS 620 ],
			 Section 17 of the Foreign Banking Office Act [ 205 ILCS 645 ], and Section 4 of
			 the Foreign Bank Representative Office Act, the Director has set the following
			 as fees for corporate activities and applications:
DOMESTIC COMMERCIAL BANKS
Application for a Permit to Organize a State
						  Bank
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  5/9 and 10, and
						  12 USC
						  1815(a) and
						  1816
						  )
$10,000
Application for Approval of an Interim Bank
						  Merger
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 5/10, 13.5 and 22)
$ 2,000
Application for a Permit to Organize a State Bank and a
						  Purchase and Assumption or Merger - Section 31
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  5/9, 10, and 31)
$ 500
Application for Purchase and Assumption - Section
						  31
(pursuant to
						  205 ILCS
						  5/31 and
						  12 CFR
						  325.103 )
No Fee
Application for Merger - Section 31
(pursuant to
						  205 ILCS
						  5/31 and
						  12 CFR
						  325.103 )
No Fee
Application for Approval of a Merger - Affiliated
						  Entities (per merging institution)
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 5/10, 22, 27, and 29)
$ 2,000
Application for Approval of a Merger - Non-Affiliated
						  Entities (per merging institution)
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 5/10, 22, 27, and 29)
$ 4,000
Application for Approval to Convert to a State
						  Bank
$ 1,000
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 5/10, 25, 26, and 27)
Notice of Change in Control
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  5/18,
						  205 ILCS
						  10/3.02, and
						  12
						  USC 1817(j) )
$ 1,500
Change in Director or Senior Executive Officer
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 5/10 and 13)
$ 100
Application to Reduce Number of Bank Directors
(pursuant to
						  205 ILCS 5/16 and 38
						  Ill. Adm. Code
						  357.10
						  )
$ 200
Application to Purchase Treasury Stock
(pursuant to
						  205 ILCS 5/14 )
$ 200
Notice of Intent to Establish a Bank Branch
(pursuant to 38 Ill. Adm. Code
						  305.10 and
						  305.20 and
						  12 USC
						  1828(d) )
$ 250
Notice of Intent to Establish a Bank Subsidiary or
						  Acquire Stock in a Corporation
(pursuant to
						  205 ILCS
						  5/48(2)(a) )
$ 250
Application for Relocation of Main Banking
						  Premises
(pursuant to
						  205 ILCS 5/13
						  )
$ 250
Conversion of an Illinois Trust Company into a State
						  Bank
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  5/10, 29, and 30)
$ 5,000
Certification of Charter
(pursuant to
						  205 ILCS
						  5/48(3)(e) )
$ 100
Application to Reduce the Number of Authorized Board
						  Meetings
(pursuant to
						  205 ILCS 5/16 )
$ 100
Reverse Stock Split
(pursuant to
						  205 ILCS
						  5/17(8) )
$ 1,000
Charter Amendments Other Than Reverse Stock
						  Splits
(pursuant to
						  205 ILCS 5/17
						  )
$ 500
Certificate of Corporate Existence
(pursuant to
						  205 ILCS
						  5/48(3)(e) )
$ 100
Application for a Certificate of Authority Pursuant to
						  Section 21.4 of the Illinois Banking Act
(pursuant to
						  205 ILCS
						  5/21.4 )
$ 250
FIDUCIARY ACTIVITIES
Application to Form an Illinois Trust Company
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  620/2-5 and 2-6)
$ 8,000
Application to Exercise Fiduciary Powers for State
						  Banks, Savings and Loan Associations, State Savings Banks, and Foreign Banking
						  Offices
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  620/2-5 and 2-6)
$ 1,500
Application to Amend a Certificate of Authority to
						  Accept and Execute Trusts for State Banks, State Savings and Loan Associations,
						  State Savings Banks, and Foreign Banking Offices
(pursuant to
						  20 ILCS 3205/5, 205 ILCS
						  620/2-5 and 2-6)
$ 250
Application for Approval of a Change in the Control of
						  a Corporate Fiduciary
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 620/3-2)
$ 1,500
Application for Approval of the Purchase of
						  Substantially All the Trust Assets or the Assumption of Substantially All the
						  Trust Liabilities of an Illinois Trust Company
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 620/3-2 and 7-1)
$ 1,500
Application to Establish a Corporate Fiduciary Branch
						  Office by an Illinois Trust Company
(pursuant to
						  205 ILCS
						  620/1-7 and 38 Ill. Adm. Code 396)
$ 250
Application for Approval of a Corporate Fiduciary
						  Merger
(pursuant to
						  20 ILCS 3205/5 and 205
						  ILCS 620/2-6 and 3-1)
$ 1,500
Application to Establish a Subsidiary of a Corporate
						  Fiduciary
(pursuant to
						  205 ILCS
						  620/1-7 and 5 -1(h))
$ 500
Application for a Certificate of the Authority to be
						  Authorized as a Foreign Corporate Fiduciary in the State of Illinois
(pursuant to
						  205 ILCS
						  620/4-2 and 4 -5)
$ 750
Application to Amend a Certificate of Authority of a
						  Foreign Corporate Fiduciary to Authorize Additional Powers
(pursuant to
						  205 ILCS
						  620/4-2 and 4 -5)
$ 250
Notice of Intent to Establish a Foreign Trust Office in
						  Illinois
(pursuant to
						  205
						  ILCS 620/4A-5 )
$ 750
Certified Copy of a Certificate of Authority or a
						  Certificate of Corporate Existence
(pursuant to
						  205 ILCS
						  5/48(3)(e) )
$ 100
CSBS Interstate Trust Activities Application:
Representative Office in Host State
Full Service Branch in Host State
Trust Office in Host State
$ 250
$ 250
$ 250
INTERNATIONAL BANKING
Application for License to Establish a Foreign Bank
						  Representative Office
(pursuant to
						  205 ILCS 650/4
						  )
$ 700
Foreign Bank Representative Office Annual License
						  Fee
(pursuant to
						  205 ILCS 650/4
						  and 38 Ill. Adm. Code
						  375.36
						  )
$ 300
Application for Certificate of Authority to Establish a
						  Foreign Banking Office
(pursuant to
						  205
						  ILCS 645/4 and 5 )
$ 8,000
Amendment of Certificate of Authority to Establish a
						  Foreign Banking Office
(pursuant to
						  205 ILCS
						  645/7 and 8 )
$ 500
Notice of Intent to Establish a Bank Branch - Foreign
						  Banking Office
(pursuant to 38 Ill. Adm. Code
						  305.10 and
						  305.20 and
						  12 USC
						  1828(d) )
$ 250
Certification of Certificate of Authority and
						  License
(pursuant to
						  205 ILCS
						  5/48(3)(e) )
$ 100
Certificate of Corporate Existence
(pursuant to
						  205 ILCS
						  5/48(3)(e) )
$ 100