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Financial Services Law Insights and Observations

Nebraska publishes depository office closure form

State Issues Nebraska Consumer Finance State Regulators Covid-19

State Issues

On its website, the Nebraska Department of Banking and Finance (Department) published a Request for Proclamation to Authorize Office Closure form. If a financial institution decides to close any or all of its offices for an emergency, it must notify the Department. If the closure will last longer than 48 hours, the financial institution must receive Department approval. Financial institutions are instructed to submit the form to the Department via e-mail to the institution’s review examiner, and the Department will respond as soon as possible.

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