Interpretations and Actions, Volume 7 |
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Page 7
... McFadden Act does not apply to branch retention in this situation . No provision in the McFadden Act , 12 U.S.C. § 36 , addresses the question of a national bank's power to keep existing previously lawfully established branches in a ...
... McFadden Act does not apply to branch retention in this situation . No provision in the McFadden Act , 12 U.S.C. § 36 , addresses the question of a national bank's power to keep existing previously lawfully established branches in a ...
Page 13
... McFadden Act in 1927. See Act of February 25 , 1927 , ch . 191 , § 8 , 44 Stat . 1229. The McFadden Act expanded the branching authority of national banks , and this provision was a conforming change to section 81. Interestingly , there ...
... McFadden Act in 1927. See Act of February 25 , 1927 , ch . 191 , § 8 , 44 Stat . 1229. The McFadden Act expanded the branching authority of national banks , and this provision was a conforming change to section 81. Interestingly , there ...
Page 14
... McFadden Act by locating a " main office " where the bank could not locate a " branch . " ( The McFadden Act issue is discussed below in subsection 3 ) . In particular , they argued the proposed new main office was not a bona fide main ...
... McFadden Act by locating a " main office " where the bank could not locate a " branch . " ( The McFadden Act issue is discussed below in subsection 3 ) . In particular , they argued the proposed new main office was not a bona fide main ...
Page 24
... McFadden Act , 12 U.S.C. § 36 , and with the Douglas Amendment to the Bank Holding Company Act , 12 U.S.C. § 1842 ( d ) . Thus , it was claimed , section 30 should not be read literally , because doing so led to conflict with the McFadden ...
... McFadden Act , 12 U.S.C. § 36 , and with the Douglas Amendment to the Bank Holding Company Act , 12 U.S.C. § 1842 ( d ) . Thus , it was claimed , section 30 should not be read literally , because doing so led to conflict with the McFadden ...
Page 26
... McFadden Act and other statutes . See , e.q. , Ramapo Bank , 425 F.2d at 340-46 ( section 30 independent of McFadden Act and state law ) ; Traverse City State Bank v . Empire National Bank , 228 F.Supp . 984 , 992 ( W.D. Mich . 1964 ) ...
... McFadden Act and other statutes . See , e.q. , Ramapo Bank , 425 F.2d at 340-46 ( section 30 independent of McFadden Act and state law ) ; Traverse City State Bank v . Empire National Bank , 228 F.Supp . 984 , 992 ( W.D. Mich . 1964 ) ...
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activities Administrator of National Agency amendment American Security Bank analysis Aspen Hill assets bank holding company Bank Merger Act bank resulting BHCA branch retention charter and title City Community Reinvestment Act competition Comptroller Cong Congress consolidation consummation Control Number convenience and needs Corporation court Currency Administrator customers District of Columbia Dreyfus Funds enforcement actions existing branches Federal Reserve Fidelity Bank financial and managerial Frank Maguire Glass-Steagall Act grandfathered branches Interpretive Letter interstate bank investment issue Jersey legally authorized legislative history loan main office relocation managerial resources Maryland National Bank McFadden Act mutual funds National Association National Bank Act National Banks Washington NatWest OCC's operating subsidiaries organization certificate P. O. Box Pennsylvania prior prohibited proposed relocate its main resulting bank Satisfactory section 215a section 30 section 36(c Sequoia Shawmut statute statutory supra target bank transaction Transfer Binder