S 2355
102th Congress
Senate
Finance and Financial Sector
Bank capital
Branch banking
Interstate banking
Savings and loan associations
State laws
Savings Association Interstate Branching Act of 1992
Introduced: March 13, 1992
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 13, 1992
Read twice and referred to the Committee on Banking.
Mar 13, 1992
Introduced in Senate
Plain-English summary
Savings Association Interstate Branching Act of 1992 - Amends the Home Owners' Loan Act to preclude a Federal savings association from establishing or operating a new branch outside its home State unless it has the written approval of the Director of the Office of Thrift Supervision.
Restricts the Director's authority to approve interstate branching by a Federal savings association to situations where: (1) the law of the host State allows interstate branching for its State-chartered thrifts; (2) the interstate branch is operated pursuant to the laws of the host State; and (3) the Federal savings association is adequately capitalized under Federal law.
What's happening now
Read twice and referred to the Committee on Banking.
Committees of jurisdiction
1