The FDIC issued guidance on whether the use of interactive teller machines at a location other than an established branch facility would require banks to file a domestic branch application.
Guidance: The FDIC said it would not consider an ITM established by a state nonmember bank to be a “domestic branch” subject to FDIC approval if the ITM is an automated, unstaffed banking facility that allows customers to initiate an interactive session with remotely located bank personnel and perform transactions independently. ITMs that operate outside of these parameters may require a branch application, according to the agency.