Agencies Issue Host State Loan-to-Deposit Ratios
Joint Agency Release | June 28, 2022
Board of
Governors of the Federal Reserve SystemFederal Deposit Insurance
CorporationOffice of the Comptroller of the Currency
Agencies
Issue Host State Loan-to-Deposit Ratios
Federal bank regulatory
agencies today issued the host state loan-to-deposit ratios that are
used to evaluate compliance with section 109 of the Riegle-Neal
Interstate Banking and Branching Efficiency Act of 1994. These ratios
replace those from June 2021.
By law, a bank is generally
prohibited from establishing or acquiring branches outside of its home
state primarily for the purpose of acquiring additional deposits.
This prohibition seeks to ensure that interstate bank branches will
not take deposits from a community without the bank also reasonably
helping to meet the credit needs of that
community.
Attachment:
Section 109 Host State Loan-to-
Deposit Ratios
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MEDIA CONTACTS:
Federal
Reserve
Laura Benedict
(202)
452-2955
FDIC
LaJuan Williams-Young
(202)
898-3876
OCC
Stephanie Collins
(202)
649-6870
FDIC: PR-52-2022
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