FDIC Federal Register Citations

[October 29, 1997 (Volume 62, Number 209)]

[Unified Agenda]

From the Federal Register Online via GPO Access [frwais.access.gpo.gov]

[Page 58411]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Completed Actions

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4305. PROHIBITION AGAINST DEPOSIT PRODUCTION OFFICES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1835(a); PL 103-328, sec 109

CFR Citation: 12 CFR 369

Legal Deadline: None

Abstract: This rulemaking implements section 109 of Riegle-Neal

Interstate Banking and Branching Efficiency Act of 1994, which requires

federal banking agencies to prescribe uniform regulations which

prohibit a bank from using any authority under the Act to engage in

interstate branching primarily for the purpose of deposit production.

Timetable:

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Action Date FR Cite

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NPRM 03/17/97 62 FR 12730

NPRM Comment Period End 05/02/97

Final Action 09/10/97 62 FR 47728

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Gladys Gallagher, Counsel, Legal Division, Federal

Deposit Insurance Corporation, Washington, DC 20429

Phone: 202 898-3833

RIN: 3064-AB97

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