# Financial Institutions (GFI)

## Title 5. Banking Institutions -- General Provisions

### Subtitle 10. Branch Banking

#### Section 5-1006

(a) Subject to subsection (b) of this section, in deciding whether to approve a branch of a banking institution, the Commissioner shall consider:

  (1) If the branch is to be established in this State, whether the establishment of the branch will promote the public convenience;

  (2) Whether the applicant has sufficient capital to support the branch; and

  (3) Whether the applicant is generally operating in compliance with the provisions of this article.

(b)

  (1) Subject to paragraph (2) of this subsection, a well-capitalized banking institution with a composite CAMELS rating of one or two may open a branch in this State without the approval of the Commissioner 30 days after filing an expedited notice for the proposed branch under Sec. 5-1005(b) of this subtitle.

  (2) The Commissioner may:

    (i) Require the submission of additional information regarding the proposed establishment of a branch during the 30-day period that the expedited notice is pending; and

    (ii) Prohibit the establishment of the branch within the 30-day period if the Commissioner determines that establishment of the branch is not consistent with the standards set forth in subsection (a) of this section.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)