If the commissioner finds, with respect to an application by a licensee for approval to relocate its head office:
(a) That the office at its proposed location will be reasonably accessible to the public;
(b) That it is reasonable to believe that the applicant will operate the office at its proposed location in compliance with all applicable provisions of this division and of any regulation or order issued under this division;
(c) That it will not be unsafe or unsound for the applicant to relocate the office; and
(d) That the relocation of the office will not be detrimental to the public convenience and advantage, or, if the relocation of the office would be detrimental to the public convenience and advantage, that the relocation of the office is necessary in the interests of the safety and soundness of the applicant; the commissioner shall approve the application. If, after notice and a hearing, the commissioner finds otherwise, the commissioner shall deny the application.