dqa
09-30-2003, 12:28 PM
My local bank branch is moving to a new building, 50-100 yards from its current site.
Obviously, if it were moving 2 miles, they'd load all the deposit boxes into a Brinks truck for the trek. But for this much shorter trip, are they still likely to do this?
Does the Federal Reserve or FDIC or whatever issues regulations on issues like this, or is the local branch manager free to do as they see fit? I can imagine a big "bucket brigade" across the grass.
Obviously, if it were moving 2 miles, they'd load all the deposit boxes into a Brinks truck for the trek. But for this much shorter trip, are they still likely to do this?
Does the Federal Reserve or FDIC or whatever issues regulations on issues like this, or is the local branch manager free to do as they see fit? I can imagine a big "bucket brigade" across the grass.