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FDIC Federal Register Citations

[April 24, 2000 (Volume 65, Number 79)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua24ap00_052-11]

[Page 23851]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Proposed Rule Stage

_______________________________________________________________________

4165. <bullet> PROHIBITION AGAINST USE OF INTERSTATE BRANCHES PRIMARILY
FOR DEPOSIT PRODUCTION

Priority: Substantive, Nonsignificant

Legal Authority: PL 106-102

CFR Citation: 12 CFR 369

Legal Deadline: None

Abstract: The rulemaking implements Section 106 of the Gramm-Leach-
Bliley Act, which amends the Riegle-Neal Interstate Banking and
Branching Efficiency Act of 1994 to provide that any branch of a bank
controlled by an out-of-state bank holding company is considered to be
an interstate branch for purposes of Riegle-Neal.

Timetable:
________________________________________________________________________

Action Date FR Cite

________________________________________________________________________

NPRM 09/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Steve Fritts, Associate Director, Division of
Compliance and Consumer Affairs, Federal Deposit Insurance Corporation
Phone: 202 942-3454

RIN: 3064-AC36
_______________________________________________________________________

Last Updated 04/25/2000 regs@fdic.gov

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