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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 16— FEDERAL DEPOSIT INSURANCE CORPORATION · § 1816

§ 1816. Factors to be considered

551 words·~3 min read·/usc/title-12/section-1816

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The factors that are required, under section 1814 of this title, to be considered in connection with, and enumerated in, any certificate issued pursuant to section 1814 of this title and that are required, under section 1815 of this title, to be considered by the Board of Directors in connection with any determination by such Board pursuant to section 1815 of this title 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 chapter.
(Sept. 21, 1950, ch. 967, § 2[6], 64 Stat. 876; Pub. L. 101–73, title II, § 207, Aug. 9, 1989, 103 Stat. 206; Pub. L. 104–208, div. A, title II, § 2704(d)(14)(F), Sept. 30, 1996, 110 Stat. 3009–491; Pub. L. 109–171, title II, § 2102(b), Feb. 8, 2006, 120 Stat. 9; Pub. L. 109–173, § 8(a)(7), Feb. 15, 2006, 119 Stat. 3611.)
Connections70 cite this · traces to 6
Cited by 70 sections · top 54
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statute-compilations
18 references not yet in our index
  • Sept. 21, 1950, ch. 967, § 2
  • 64 Stat. 876
  • Pub. L. 101–73, title II, § 207
  • 103 Stat. 206
  • Pub. L. 104–208, div. A, title II, § 2704(d)(14)(F)
  • 110 Stat. 3009–491
  • Pub. L. 109–171, title II, § 2102(b)
  • 120 Stat. 9
  • Pub. L. 109–173, § 8(a)(7)
  • 119 Stat. 3611
  • Pub. L. 109–173
  • Pub. L. 109–171
  • Pub. L. 104–208, § 2704(d)(14)(F)
  • Pub. L. 101–73
  • section 8(b) of Pub. L. 109–173
  • section 2102(c) of Pub. L. 109–171
  • Pub. L. 104–208
  • section 2704(c) of Pub. L. 104–208
Citation graph
cites case law
§ 1816
Factors to be considered
Fed. Reg.×59
C.F.R.×3
Stat.×3
U.S.C.×3
Bills×1
Stat. Comp.×1
ActSept. 21, 1950, ch. 967, § 2
Stat.64 Stat. 876
Pub. L.Pub. L. 101–73, title II, § 207
Stat.103 Stat. 206
Pub. L.Pub. L. 104–208, div. A, title II, § 2704(d)(14)(F)
Cites 24 · showing 11Cited by 70 across 6 sources
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