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    <abstract>The OCC, Board, and FDIC (collectively, agencies) are adopting uniform regulations to implement section 109 (section 109) of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (Interstate Act). The final rule reflects comments received on the proposal and further internal consideration by the agencies. As required by section 109, the final rule prohibits any bank from establishing or acquiring a branch or branches outside of its home state under the Interstate Act primarily for the purpose of deposit production, and provides guidelines for determining whether such bank is reasonably helping to meet the credit needs of the communities served by these branches.</abstract>
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        <action>Joint final rule.</action>
        <summary>The OCC, Board, and FDIC (collectively, agencies) are adopting uniform regulations to implement section 109 (section 109) of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (Interstate Act). The final rule reflects comments received on the proposal and further internal consideration by the agencies. As required by section 109, the final rule prohibits any bank from establishing or acquiring a branch or branches outside of its home state under the Interstate Act primarily for the purpose of deposit production, and provides guidelines for determining whether such bank is reasonably helping to meet the credit needs of the communities served by these branches.</summary>
        <dates>October 10, 1997.</dates>
        <contact>OCC: Neil M. Robinson, Senior Attorney, Community &amp; Consumer Law Division (202) 874-5750; Kevin L. Lee, Senior Attorney, Enforcement and Compliance Division (202) 874-4800; Andrew T. Gutierrez, Attorney, Legislative and Regulatory Activities Division (202) 874-5090; or with respect to Federal branches of foreign banks, Maureen Cooney, Senior Attorney, International Activities Division (202) 874-0680.</contact>
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