Our website will undergo scheduled maintenance on Sunday, December 17. During this time, connection to our website and some of its features may be unavailable. Thank you for your patience and we apologize for any inconvenience.
subject:

Bank Merger Act of 1960

More Information
less

This Act was a 1960 amendment to the Federal Deposit Insurance Act. The Bank Merger Act was itself amended in 1966. It provides that a bank insured by the Federal Deposit Insurance Corporation may not merge with a noninsured bank except with the prior written approval of the primary federal regulator of the resulting institution.

  • Act to Amend the Federal Deposit Insurance Act to Require Federal Approval for Mergers and Consolidations of Insured Banks
  • Public Law 86-463
Save & Share
less
Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102