FDIC Federal Register Citations

[Page 23851]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Proposed Rule Stage

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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:
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Action Date FR Cite

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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
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