Examples of Bank Merger Act in a sentence
The Bank Merger Act, 12 U.S.C. § 1828(c), requires the OCC's approval for any merger between insured banks where the resulting institution will be a national bank.
A copy of the FDIC Interagency Bank Merger Act Application (including pro forma information).
The Bank Merger Act also requires the OCC to take into consideration the financial and managerial resources and future prospects of the existing and proposed institutions, and the convenience and needs of the community to be served.
The merger or consolidation of a subsidiary bank of a bank holding com- pany with another bank, or the pur- chase of assets by the subsidiary bank, or a similar transaction involving sub- sidiary banks of a bank holding com- pany, if the transaction requires the prior approval of a federal supervisory agency under the Bank Merger Act (12U.S.C. 1828(c)) and does not involve the acquisition of shares of a bank.
The Bank Merger Act, 12 U.S.C. § 1828(c), r equires the OCC's approval for any merger between insured banks where the resulting institution will be a national bank.