Interim Mergers
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Applicant Institution | Other / Target Institution | ||||||||
Institution Name City, State |
Total Assets (000's) | Cert # | Institution Name City, State |
Assets Acquired (000's) | Cert# | Action Approved | DOJ Reply Date See Note |
Application Number | |
First Savings Bank of Renton RENTON, WA |
1,014,969 | 29058 | Interim Two Federal Savings Bank RENTON, WA |
0 | 0 | 8/14/2007 | 20071653 | ||
|
Renton Interim Three Saving Bank RENTON, WA |
0 | 0 |
Note: An interim merger is a merger (other than a purchase and assumption transaction) between an operating institution and a newly-formed institution or corporation that will not open for business, which exists solely for the purpose of facilitating a corporate reorganization and that would have no effect on competition. Therefore, similar to the corporate reorganization-type mergers, the October 13, 2006 amendment to the Bank Merger Act removed the requirement for the responsible agency to request a report of competitive factors from the Department of Justice when the merger transaction involved solely an insured depository institution and one or more of the affiliates of such depository institution.
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