Wash. Admin. Code § 208-598-020 - Information to be included in the application
An application shall include at least the following information:
(1) Name, address, and
telephone number of the applicant.
(2) Name, address, and telephone number of
the person to be contacted concerning the application.
(3) A summary of the applicant's history,
which should include as a minimum the date and place of incorporation, the date
and nature of any mergers or acquisitions, and certified current copies of the
applicant's articles of incorporation and bylaws.
(4) A description of the applicant's business
and corporate structure, including a listing of all branches or similar
offices, and each majority owned subsidiary, and the nature and extent of the
business activities of each.
(5) A
business plan describing the applicant's proposed business activities in this
state.
(6) A copy of the
independent auditor's report for the applicant's most recent fiscal year and
comparative financial statements for the prior fiscal year.
(7) The name, address, professional
experience, and financial statement of the chief executive officer and
principal operating officers.
(8)
The name, address, and principal occupation of each director of applicant, and
completed biographical and financial statements on each.
(9) A copy of the last two examination
reports prepared by the Office of Thrift Supervision, the last two state
examination reports, any correspondence from the relevant regulator to the
board of directors discussing each report, and the board's responses
thereto.
(10) A statement as to the
presence or absence of any supervisory agreement or regulatory order that may
be in effect or may have been in effect in the last five years, and, if so, a
copy of each such order or agreement.
(11) An opinion from the applicant's state
regulatory agency which describes the conditions under which Washington
associations may conduct business in such state.
(12) A statement of total shares outstanding
and total number of stockholders if the applicant is a stock association.
Additionally, provide a breakdown of stock ownership by officers and directors
and any other entities owning five percent or more of the association's
stock.
(13) A copy of the
association's bond and its riders/attachments.
(14) Any additional information that may be
required by the director or deemed appropriate by the applicant.
Notes
Statutory Authority: RCW 33.04.025 and 43.320.040. 00-17-140, amended and recodified as § 208-598-020, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW 33.32.030. 88-02-067 (Order 87-1), § 419-60-020, filed 1/6/88.
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