Alert July 01, 2008

Federal Banking Agencies Issue Host State Loan-to-Deposit Ratios

The federal banking agencies issued the host state loan-to-deposit ratios that they will use to determine compliance with Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which prohibits a bank from establishing or acquiring a branch or branches outside of its home state primarily for the purpose of deposit production. Click here for the ratios.