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United States · Bill · HR

H.R. 256 (103rd)

Bank Efficiency Act

openUnited States· United States Congress· EN

Introduced

5 January 1993

Last action

Status

Subcommittee Hearings Held.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Bank Efficiency Act - Amends the Bank Holding Company Act of 1956 to permit a bank holding company having subsidiary banks located in more than one State to combine its banks into a single bank by means of merger, consolidation, or other transaction. Prescribes operating guidelines for such bank combinations. Amends the National Bank Act to conform the qualifications of bank directors with the provisions of this Act.

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Documents

3 official files

Introduced in House (text)

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