National Bank and Federal Savings Association Powers | MidpageNational Bank and Federal Savings Association Powers
7.1000Activities that are part of, or incidental to, the business of banking.7.1001National bank acting as general insurance agent.7.1002National bank and Federal savings association acting as finder.7.1003Money lent by a national bank at banking offices or at facilities other than banking offices.7.1004Establishment of a loan production office by a national bank.7.1005[Reserved]7.1006Loan agreement providing for a national bank or Federal savings association share in profits, income, or earnings or for stock warrants.7.1007National Bank Acceptances.7.1008Preparation by a national bank of income tax returns for customers or public.7.1009[Reserved]7.1010Postal services by national banks and Federal savings associations.7.1011National bank acting as payroll issuer.7.1012Establishment, operation, or use of a messenger service by a national bank.7.1014Sale of money orders at nonbanking outlets by a national bank.7.1015National bank and Federal savings association investments in small business investment companies.7.1016Independent undertakings issued by a national bank or Federal savings association to pay against documents.7.1017National bank as guarantor or surety on indemnity bond.7.1018National bank automatic payment plan accounts.7.1020Purchase of open accounts by a national bank.7.1021Financial literacy programs not branches of national banks.7.1022National banks' authority to buy and sell exchange, coin, and bullion.7.1023Federal savings associations, prohibition on industrial or commercial metal dealing or investing.7.1024National bank or Federal savings association ownership of property.7.1025Tax equity finance transactions by national banks and Federal savings associations.7.1026National bank and Federal savings association payment system memberships.7.1027Establishment and operation of a remote service unit by a national bank.7.1028Establishment and operation of a deposit production office by a national bank.7.1029Combination of national bank loan production office, deposit production office, and remote service unit.7.1030Permissible derivatives activities for national banks.