Financial Services Regulatory Relief: Private Sector Perspectives : Hearing Before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives, One Hundred Ninth Congress, First Session, May 19, 2005, Volume 4U.S. Government Printing Office, 2005 - 301 pages |
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and/or Minority Tracts assets Bank Adv Bank Secrecy Act bank supervisor bankers capital CDCUs community banks Community Reinvestment compliance Congress credit union performance CUNA customers denial rate denial-disparity ratio Deposit Insurance Act depository institutions employees ESOP exemption Fed CUS federal credit unions Federal Deposit Insurance Federal Reserve Federal savings association financial institutions financial services FinCEN Gramm-Leach-Bliley Act Hispanics Home Owners home purchase lending industrial loan companies inserting insured depository institution investment lenders limit LMI and/or Minority LMI Borrowers LMI to MUI LMI Tracts LMI Women Loan Act 12 million moderate-income Money Laundering mortgage MUI Tracts NCRC NCUA outperformed Paperwork Reduction Act percent percentage of loans Portfolio Share Indicators regulatory burden Regulatory Paperwork Reduction regulatory relief requirements safety and soundness Sarbanes-Oxley Act Single Family Lending small business state-chartered credit unions Subcommittee subparagraph suspicious activity reporting transaction
Fréquemment cités
Page 150 - Board shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity...
Page 209 - Federal Credit Union Act." DEFINITIONS SEC. 2. A Federal credit union is hereby defined as a cooperative association organized in accordance with the provisions of this Act for the purpose of promoting thrift among its members and creating a source of credit for provident or productive pur poses. When used in this Act the term "Administration" means Farm Credit Administration, and the term "Governor
Page 209 - ... million individual credit union members. NAFCU-member credit unions collectively account for approximately two-thirds of the assets of all federal credit unions. NAFCU and the entire credit union community appreciate this opportunity to participate in this discussion regarding regulatory relief for America's financial institutions and particularly its impact on federal credit unions.
Page 146 - USC 1818), by the Director of the Office of Thrift Supervision, in the case of a savings association the deposits of which are insured by the Federal Deposit Insurance Corporation...
Page 128 - 1 0 plus 1 0" limit poses a constraint for an everincreasing number of institutions. Expanded authority would enable savings associations to make more loans to small- and medium-sized businesses, thereby enhancing their role as community-based lenders. An increase in commercial lending authority would help increase small business access to credit, particularly in smaller communities where the number of financial institutions is limited.
Page 216 - Exemption from ore-merger notification requirement of the Clayton Act NAFCU supports the inclusion of this language which would exempt credit unions, just as banks and thrifts are already exempt, from the pre-merger notification requirements of the Hart-Scott-Rodino Act.
Page 149 - That nothing herein contained shall prevent any State member bank from establishing and operating branches in the United States or any dependency or insular possession thereof or in any foreign country, on the same terms and conditions and subject to the same limitations and restrictions as are applicable to the establishment of branches by national banks...
Page 104 - ... do not have a significant amount of outstanding debt that is held by the general public. While this policy statement primarily applies to the formation of small bank holding companies, it also applies to existing small bank holding companies that wish to acquire an additional bank or company and to transactions involving changes in control, stock redemptions, or other shareholder transactions.
Page 132 - ACB recommends that Congress amend the Home Owners' Loan Act to provide that for purposes of jurisdiction in Federal courts, a Federal savings association is deemed to be a citizen of the State in which it has its home office.
Page 209 - The National Association of Federal Credit Unions (NAFCU) is the only national organization exclusively representing the interests of the nation's federally chartered credit unions. NAFCU is comprised of...