Proposed rule

Merger Transactions

Federal Deposit Insurance Corporation

Federal Register summary (shortened to 600 characters)

The Federal Deposit Insurance Corporation (FDIC) is inviting comment on a proposed rule that would fundamentally reform important aspects of the FDIC's approach to processing and evaluating merger transactions subject to the Bank Merger Act (BMA). Notable reforms under the proposed rule would include: accounting for credit unions and centrally booked deposits in the initial competitive effects analysis; establishing a letter filing process with "deemed approval" for "de minimis merger transactions;" tailoring other merger filing requirements to reduce burden and processing times based on the…

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Ohio Newsline lists this document because the Federal Register's own full-text search finds "Ohio" in it (the title and summary do not name Ohio). Nothing here is legal advice; the official text governs.