214.48   General provisions.
214.485   Investment in loans.
214.49   Other investments.
214.495   Lien priority; advances.
214.50   General loan contract provisions.
214.502   Nonconforming loans.
214.505   Modification agreements.
214.507   Customer access to credit reports.
214.509   Record search.
214.51   Sale, assignment, and servicing of loans and contracts.
214.515   Purchase of real estate at forced sale.
214.52   Purchase of real estate for office and rental purposes.
214.525   Prohibited loans.
214.53   Effect of unauthorized investments.
214.54   Loans to one borrower.
214.545   Rules.
SUBCHAPTER VIII
DEPOSIT ACCOUNTS
214.57   Deposit accounts.
214.575   Deposit accounts subject to liens.
214.58   Payment of interest.
214.585   Holders of deposit accounts.
214.59   Prohibited activities.
214.592   Financially related services tie-ins.
214.595   Savings promotion prize programs.
SUBCHAPTER IX
VOLUNTARY CORPORATE CHANGES
214.62   Merger; adoption of plan.
214.625   Merger; stockholder vote of approval.
214.63   Merger; certificate.
214.635   Effect of merger.
214.64   Merger; expenses.
214.645   Sale of assets.
214.65   Procedure to effect sale of all assets.
214.655   Authority to form interim institution.
214.66   Conversion of an existing institution to a savings bank.
214.665   Emergency merger.
214.67   Emergency sale of assets.
214.675   Acquisition of control.
214.68   Jurisdictional conversion.
214.685   Organizational conversion of mutual savings bank to stock savings bank.
SUBCHAPTER X
SUPERVISION
214.715   Powers of the division.
214.72   Prohibited business relationships.
214.725   Examination.
214.735   Examination report.
214.74   Orders of the division.
214.745   Division's notice to members or stockholders.
214.75   Record keeping and retention.
214.755   Disclosure of examination reports and other records.
214.76   Annual audit requirement.
214.765   Unsafe and unsound practices; orders of prohibition and removal.
214.772   Foreign savings banks.
214.775   Procedure upon the impairment of capital.
214.78   Review board.
214.785   Review of acts, orders or determinations.
SUBCHAPTER XI
CUSTODY AND CONSERVATORSHIP
214.82   Division's authority to take custody and appoint a conservator or a receiver.
214.825   Purposes of taking custody.
214.83   Division's powers during custody.
214.835   Custody of savings banks.
214.84   Notice of custody; action to enjoin.
214.845   Segregation of collections during custody.
214.85   Redelivery of possession.
214.855   Limitations upon custody.
SUBCHAPTER XII
ENFORCEMENT POWERS
214.90   Action to correct conditions.
214.905   Books and records corrective orders.
214.91   Removal and prohibition authority.
214.915   Participation prohibition.
214.92   Effect of termination or resignation.
214.925   Unauthorized participation by convicted individual.
214.93   False statements.
214.935   Civil forfeitures.
subch. I of ch. 214 SUBCHAPTER I
GENERAL PROVISIONS
214.01 214.01 Definitions.
214.01(1)(1)In this chapter:
214.01(1)(a) (a) “Affiliate" means a company that controls, is controlled by or is under common control with a savings bank.
214.01(1)(c) (c) “Bank" means a commercial bank chartered by the U.S. comptroller of the currency or organized under ch. 221.
214.01(1)(d) (d) “Branch office" means a place of business, other than the home office, where the business of the savings bank is conducted. “Branch office" does not include a remote service unit, a limited office or an extended office.
214.01(1)(e) (e) “Capital" includes net worth, paid-in-surplus, capital stock equity, undivided profits, earnings and other forms of capital considered to be qualifying capital by a deposit insurance corporation.
214.01(1)(g) (g) “Deposit account" means any monetary interest that a depositor maintains in a savings bank, including a demand, time, money market, savings, certificate or negotiable order of withdrawal account.
214.01(1)(h) (h) “Deposit insurance corporation" means the federal deposit insurance corporation or other instrumentality of or corporation chartered by the United States that is supported by the full faith and credit of the U.S. government as stated in a congressional resolution.
214.01(1)(ig) (ig) “Director" means a member of a board of directors of a savings bank. “Director" does not include an advisory director, honorary director, director emeritus, or similar person, unless the person is otherwise performing functions similar to those of a director.
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2021-22 Wisconsin Statutes updated through 2023 Wis. Act 93 and through all Supreme Court and Controlled Substances Board Orders filed before and in effect on April 4, 2024. Published and certified under s. 35.18. Changes effective after April 4, 2024, are designated by NOTES. (Published 4-4-24)