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Code · STATUTE-COMPILATIONS · Federal Deposit Insurance Act · Sec. 6

Sec. 6. FACTORS TO BE CONSIDERED

155 words·~1 min read·/statute-compilations/comps-265/sec-6

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## SEC. 6 FACTORS TO BE CONSIDERED **[**[12 U.S.C. 1816](/us/usc/t12/s1816)**]** The factors that are required, under section 4, to be considered in connection with, and enumerated in, any certificate issued pursuant to section 4 and that are required, under section 5, to be considered by the Board of Directors in connection with any determination by such Board pursuant to section 5 are the following: ####
(1)The financial history and condition of the depository institution. ####
(2)The adequacy of the depository institution's capital structure. ####
(3)The future earnings prospects of the depository institution. ####
(4)The general character and fitness of the management of the depository institution. ####
(5)The risk presented by such depository institution to the Deposit Insurance Fund. ####
(6)The convenience and needs of the community to be served by such depository institution. ####
(7)Whether the depository institution's corporate powers are consistent with the purposes of this Act.
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Sec. 6
FACTORS TO BE CONSIDERED
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