1. A savings bank organized under this chapter may establish and maintain one or more service offices within or outside this State according to the needs of the savings bank.
2. A savings bank shall notify the Commissioner in writing of the location of any service office not later than 30 days after establishment of the service office.
3. A service office does not constitute a branch office and is not subject to the issuance of any license, certificate or prior approval of the Commissioner, the Department of Business and Industry or the Division of Financial Institutions before establishment.