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Fed finalizes amendments to BHC Policy Statement
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Financial Stability
Tuesday, April 14, 2015
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The Federal Reserve Board has finalized amendments to its Small Bank Holding Company Policy Statement. The amendments will raise the total consolidated assets threshold to $1 billion and will expand its scope to include certain savings and loan holding companies. The Policy Statement originally was issued to facilitate the transfer of ownership of small community-based banks in a manner consistent with safety and soundness.
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