Principles of Wetland Banking

Functional wetlands and buffers must result. Persons having expertise in site selection and construction should be involved while developing a banking plan.
The restored or created wetland area must not be less than the wetland credits in the bank. This means that all wetland size and type determinations (before and after) should be done conservatively. If it turns out that more wetland was restored or created than proposed, the banking plan can be amended. Credits will be granted conservatively.
The purchase of wetland banking credits must go through the same sequencing process as direct replacement. The wetland type may be different but ultimately the LGU must be satisfied that functions and values have been replaced and approve the purchase of credits.
Wetland banking is allowed for any impact subject to the requirements of part 8420.0543 which emphasizes replacement as geographically close to the wetland impact as possible.
A wetland cannot be restored for banking credit if it was previously drained or filled under an exemption. Excavations within existing wetlands do not qualify for banking credit.
A perpetual conservation easement over the banked wetland is needed prior to deposit.
The owner of the account must report the sale of the credits.