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TREAS/OCC RIN: 1557-AB50 Publication ID: Fall 1997 
Title: Prohibition Against Using Interstate Branches Primarily for Deposit Production 
Abstract: The OCC, as part of a joint agency rulemaking effort with the FRB and FDIC, is promulgating a new regulation required by section 109 of the Reigle-Neal Interstate Banking and Branching Efficiency Act of 1994, Pub. L. 103-328, 108 Stat. 2338 (12 USC 1835a). The statute is intended to ensure that out-of-State banks do not use their new interstate branching authority primarily for the purpose of deposit production. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 25   
Legal Authority: 12 USC 1835a   
Legal Deadline:
Action Source Description Date
Other  Statutory  Regulation must be effective.  06/01/1997 
Timetable:
Action Date FR Cite
NPRM  03/17/1997  62 FR 12730   
Final Action  09/10/1997  62 FR 47728   
Final Action Effective  10/10/1997    
Additional Information: RFA: N
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
Andrew Gutierrez
Attorney
Department of the Treasury
Comptroller of the Currency
Legislative and Regulatory Activities, Division, 250 E Street SW,
Washington, DC 20219
Phone:202 874-5090
Email: andrew.gutierrez@occ.treas.gov