Data / Federal rules / 2024-08020
Request for Comment on Proposed Statement of Policy on Bank Merger Transactions
The Federal Deposit Insurance Corporation published this proposed rule in the Federal Register on April 19, 2024. Comments closed on June 18, 2024.
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What the agency says
The FDIC invites comments on a proposed Statement of Policy (SOP) on Bank Merger Transactions (Proposed SOP) that is relevant to all insured depository institutions (IDIs). The Proposed SOP would replace the FDIC's current SOP on Bank Merger Transactions (Current SOP) and proposes a principles-based overview that describes the FDIC's administration of its responsibilities under the Bank Merger Act (BMA). The Proposed SOP focuses on the scope of transactions subject to FDIC approval, the FDIC's process for evaluating merger applications, and the principles that guide the FDIC's consideration of the applicable statutory factors as set forth in the BMA. The Supplementary Information section below contains explanatory content, including historical data, to provide additional context for the Proposed SOP.
Key facts
- Document number
- 2024-08020
- Type
- Proposed rule
- Action
- Proposed Policy Statement; Request for Comment
- Agency
- Federal Deposit Insurance Corporation
- Published
- April 19, 2024
- Comments due
- June 18, 2024
- Dates
- Comments must be received by June 18, 2024.
- Regulation ID (RIN)
- 3064-ZA31
- Code of Federal Regulations
- 12 CFR 303
- Pages
- 23
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Everything from the Federal Deposit Insurance Corporation · Published in April 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.