Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 32 - National Defense |
Subtitle A - Department of Defense |
Chapter V - Department of the Army |
SubChapter J - Real Property |
Part 643 - Real Estate |
Subpart G - Additional Authority of Commanders |
§ 643.113 - Banks.
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§ 643.113 Banks.
(a) The establishment of banks, branch banks, and banking facilities on Army installations is governed by AR 210-135.
(b) The Treasury Department determines whether a banking facility is self-sustaining and notifies the Commander, U.S. Army Finance and Accounting Center.
(c) Banking facilities which are not self-sustaining will be furnished space, utilities and custodial services without charge by the Installation Commander, provided space and services are available from existing resources.
(d) Banking facilities which are self-sustaining will be granted a lease by the DE, at fair market value, and reimbursement will be required for utilities and services furnished.
(e) A bank building may not be constructed on an Army installation without the prior approval of COE, SA, and DOD.