§ 5451. Branching

Notwithstanding the Federal Deposit Insurance Act ( 12 U.S.C. 1811 et seq.), the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 et seq.), or any other provision of Federal or State law, a savings association that becomes a bank may—

• (1) continue to operate any branch or agency that the savings association operated immediately before the savings association became a bank; and
• (2) establish, acquire, and operate additional branches and agencies at any location within any State in which the savings association operated a branch immediately before the savings association became a bank, if the law of the State in which the branch is located, or is to be located, would permit establishment of the branch if the bank were a State bank chartered by such State.