United States · Amendment · HAMDT

HAMDT 379 (102nd)

Amendments en bloc sought to require banks which are authorized to branch interstate to demonstrate that they are meeting the existing credit needs of the community where they are currently established; prohibit banks with assets of more than $1 billion from expanding to adjoining states if those banks have exhibited a pattern of closing offices in low- and moderate-income locations; and require bank regulators to establish a system to test, detect, and correct violations of Fair Lending and Community Reinvestment laws.