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OMB No. for FDIC 30640015 OMB No. for FRB 71000171 OMB No. for OCC 15570014 OMB No. for ITS 15500016 Expiration Date: 09/30/2017INTERAGENCY BANK MERGER ACT APPLICATION Public reporting burden for
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The Interagency Bank Merger Act is a federal law that governs the merger of banks under the oversight of multiple agencies.
Banks that are planning to merge and fall under the jurisdiction of multiple regulatory agencies are required to file the Interagency Bank Merger Act.
The Interagency Bank Merger Act can be filled out by submitting the required information and documentation to the appropriate regulatory agencies involved in the merger.
The purpose of the Interagency Bank Merger Act is to ensure that bank mergers are conducted in a manner that protects the interests of depositors, maintains the stability of the banking system, and complies with regulatory requirements.
Information such as the financial condition of the merging banks, the impact of the merger on the community, and the overall benefits of the merger must be reported on the Interagency Bank Merger Act.
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