Sec. 3. Changes required to the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial factors
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In this section— the term bank holding company has the same meaning as in section 2 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 ); the term Board means the Board of Governors of the Federal Reserve System; the term financial institution means— an insured depository institution; a bank holding company; a savings and loan holding company; and a foreign bank subject to the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 et seq. ); the term insured depository institution has the same meaning as in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); and the term savings and loan holding company has the same meaning as in section 10 of the Home Owners' Loan Act ( 12 U.S.C. 1467a ).
The policy statement of the Board in the Small Bank Holding Company Statement in part 225 of the appendix to title 12, Code of Federal Regulations (or any successor thereto), shall apply to each financial institution that— is otherwise subject to that policy statement; and has consolidated assets of less than $5,000,000,000.
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Sec. 3
Changes required to the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial factors
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