A bill to authorize certain financial institutions located in the greater Washington, D. C. area to acquire control of institutions and establish branches throughout such area.
Greater Washington, District of Columbia, Banking Act - Authorizes a national bank located in the District of Columbia standard metropolitan statistical area (SMSA) to establish branches throughout such area, including other States.
Amends the Bank Holding Company Act of 1956 to permit a bank holding company which conducted its operations in the District of Columbia SMSA on December 31, 1981 (or the date it became a bank holding company, whichever is later) to acquire banks throughout such area, including other States.
Amends the National Housing Act to permit a savings and loan holding company controlling any insured institution whose principal office is located in the District of Columbia SMSA to acquire similar institutions throughout such area, including other States.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line