Federal Reserve Rulings Regarding Loan Production Offices and Purchases of Operating Subsidiaries : hearings before the United States House Committee on Banking and Currency, Ninetieth Congress, second session, on Sept. 24, 25, 1968.

Reviews Federal Reserve Board ruling authorizing establishment of loan production offices, where loan application and solicitation may take place but where loan approval and funds disbursement are reserved for the main office. Focuses on whether a loan production office constitutes a bank branch off...

Full description

Bibliographic Details
Corporate Authors: United States. Congress. House. Committee on Banking and Currency, ProQuest (Firm)
Format: Government Document eBook
Language:English
Published: Washington : U.S. G.P.O., 1968.
Series:U.S. Congressional Hearings.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Reviews Federal Reserve Board ruling authorizing establishment of loan production offices, where loan application and solicitation may take place but where loan approval and funds disbursement are reserved for the main office. Focuses on whether a loan production office constitutes a bank branch office and whether, as such, the Federal Reserve Board's action was appropriate, or whether Congressional action was necessary to effect this change. Also considers bank stock purchases of operating subsidiaries.
Item Description:Record is based on bibliographic data in ProQuest Congressional Hearings Digital Collection. Reuse except for individual research requires license from ProQuest, LLC.
Electronic resource.
Physical Description:1 online resource.
Format:System requirements: PDF reader software.