A savings and loan association may not establish or relocate any branch office or relocate a principal office unless the Division Director approves its application to do so. An application for the establishment or relocation of a branch office or relocation of a principal office shall include: An application fee of $500 unless the application is for relocation within a one-half mile radius of the existing site; and A statement of: The need for the establishment or relocation; The address of the proposed location; The services to be provided; The estimated annual expense; and The source of payment for the annual expense. The Division Director shall publish notice of the filing of an application under this section. The notice shall state: The scheduled date, place, and time of a public hearing at least 30 days and not more than 90 days after the filing; That written protests to the application may be made by any savings and loan association located in the area where a savings and loan office is proposed, and that protests shall be received by the Division Director no later than 10 days before the scheduled hearing; and That the hearing may be canceled if no written protest is received within the time provided in the notice. The notice shall be published: At least once each week for 2 successive weeks at the expense of the applicant in a newspaper of general circulation in the political subdivision where the proposed office is to be located; In the Maryland Register, as provided in the State Documents Law; and As the Division Director considers otherwise desirable. As provided in this section: Any savings and loan association located in the area where a proposed branch office of a savings and loan association is to be located or a principal office is proposed to be relocated may protest the requested approval of the Division Director; and The Division Director shall give any savings and loan association that protests under paragraph (1) of this subsection an opportunity to be heard. Not later than 30 days after the conclusion of the hearing or, if a hearing is not held, after the scheduled hearing date, the Division Director shall approve an application under this section if the Director finds that: The public interest will be promoted; and The office will be operated efficiently and in accordance with this title. The Division Director may not approve a new office or location for any savings and loan association that is not in compliance with Title 8 of this article and this title or any other law or regulation of this State relating to savings and loan associations. Any applicant may appeal any action or nonaction of the Division Director to the Circuit Court for Baltimore City.