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IBBEA
(redirected from Interstate Banking and Branching Efficiency Act of 1994)

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IBBEAInterstate Banking and Branching Efficiency Act of 1994


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Section 102 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 ("Riegle-Neal Act") authorizes a bank to merge with another bank under certain conditions unless, before June 1, 1997, the home state of one of the banks involved in the transaction adopted a law expressly prohibiting merger transactions involving out-of-state banks.
See Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, Pub.
BANKING AGENCIES ISSUE HOST STATE LOAN-TO-DEPOSIT RATIOS The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued on June 24, 2002, the host state loan-to-deposit ratios that the banking agencies will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994.
 
 
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