Depository Institution Merger Pledge Enforcement Act

Summary

Depository Institution Merger Pledge Enforcement Act - Amends the Federal Deposit Insurance Act to mandate that certain Federal banking regulatory agencies establish and maintain procedures for monitoring, on an ongoing basis, depository institution and depository institution holding company compliance with merger and acquisition pledges, including any pledge or commitment relating to community lending and investment. Requires such agencies to publish in the Federal Register any finding of noncompliance. Authorizes the agencies to take such noncompliance into account when making future decisions regarding the depository institution.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 August 1998

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• Introduced in House (PDF)

  Introduced in House · EN · 6 August 1998

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• Introduced in House

  summary · EN · 6 August 1998

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