A bill to make a conforming amendment to the Federal Deposit Insurance Act with respect to examinations of certain insured depository institutions, and for other purposes.
About This Bill
Committee
Latest Action · December 5, 2006
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S11199)
Amends the Federal Deposit Insurance Act to increase from $250 million to $500 million the maximum size of a small insured depository institution which the appropriate federal banking agency may subject to a full-scope, on-site examination every 18 months (instead of every 12 months), if the greater amount would be consistent with the principles of institution safety and soundness.
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