(a) The Commissioner shall charge and collect, in advance, the following nonrefundable fees:
(1) An examination fee for a new commercial bank charter under § 3–203 of this article......................................................................................................$15,000
(2) A filing fee for an agreement of consolidation, merger, or transfer of assets under § 3–703 of this article:
(i) Between two commercial banks $3,000
(ii) Among three or more commercial banks $5,000
(3) An application fee for a banking institution to have an affiliate under § 5–403 of this article $750
(4) A fee for a conversion of a national banking association, a federal stock savings and loan association, or a federal stock savings bank into a commercial bank under § 3–801 of this article or a federal mutual savings bank into a savings bank under § 4–701.1 of this article:
(i) Filing fee $7,000
(ii) Examination fee $3,000
(5) Subject to subsection (b) of this section, a branch fee for:
(i) An application of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(a) of this article $600;
or
(ii) An expedited notice of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(b) of this article $400
(6) An application fee for a foreign banking permit under § 12–208 of this article......................................................................................................................$500
(7) A renewal fee for a foreign banking permit under § 12–210 of this article..............................................................................................................................$500
(8) A fee for a certificate of valid charter:
(i) If requested by or on behalf of a banking institution $25
(ii) If requested by or on behalf of a person other than a banking institution.........................................................................................................................$50
(9) A fee for a certified copy of a document $50
(10) An application fee for conversion of a savings bank to a capital stock commercial bank under § 4–703 of this article………………………………….$5,000
(b) The branch fee under subsection (a)(5) of this section does not apply to:
(1) A branch that is acquired by a banking institution through a merger or consolidation with, or transfer to the banking institution of all or substantially all of the assets of, a bank or an insured depository institution; or
(2) An other–state bank chartered by a state that does not charge a fee to a banking institution for establishing a branch in that state.
Structure Maryland Statutes
Title 2 - Commissioner and Boards
Subtitle 1 - Commissioner of Financial Regulation
Section 2-101 - Office Established
Section 2-102 - Appointment; Responsibility to Secretary; Qualifications; Compensation
Section 2-103 - Deputy Commissioner
Section 2-104.1 - Student Loan Ombudsman
Section 2-105 - Authority of Secretary
Section 2-105.1 - Regulations; Multistate Automated Licensing Systems
Section 2-108 - Collection of Nonrefundable Fees
Section 2-109 - Payment of Money to General Fund
Section 2-110 - Full-Time Duties of Commissioner and Deputy Commissioner
Section 2-111 - Conflicts of Interest -- Ownership of Certain Stock Prohibited
Section 2-112 - Conflicts of Interest -- Other Prohibited Activities
Section 2-113 - Investigative and Enforcement Powers -- in General
Section 2-116 - Investigative and Enforcement Powers -- Circuit Court Action
Section 2-117 - Disclosure of Information -- in General
Section 2-117.1 - Disclosure of Information -- Examinations of Banking Institutions or Credit Unions
Section 2-118 - Banking Institution and Credit Union Regulation Fund