CBI has made available a FAQ sheet answering requently asked questions on the new law doubling the Small Bank Holding Company Policy Statement asset threshold. The FAQs cover what the law means for community banks, which community banks will be directly affected, benefits for holding companies, and how the law was enacted.
The law significantly expands the coverage of the Federal Reserve’s Small Bank Holding Company Policy Statement so that approximately 600 more bank holding companies and savings and loan holding companies will be subject to it. With this expansion, the policy statement will now cover close to 90 percent of all bank holding companies and 75 percent of savings and loan holding companies, making it easier for these institutions to issue debt or equity.
The Federal Reserve Board has also issued an upgraded User's Guide for the Bank Holding Company Performance Report.
Read the FAQ Document.
The Federal Reserve Board has also issued an upgraded User's Guide for the Bank Holding Company Performance Report.
Read the FAQ Document.
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