Fair credit reporting
, 6-1550 et seq.;
6-2900 et seq.;
6-7900 et seq.
See also Fair Credit Reporting Act.
Accuracy of reports
Disputes—See Disputes, this heading.
Actions
Financial institutions,
by; to ensure compliance,
6-1602Active-duty alerts
Active-duty
military consumer, definition,
6-1553.61Addresses
Change requests, credit
and debit card accounts,
6-3120;
6-3121Adverse action
See also Denial of credit, this heading.
Consumer report, based on,
6-1568 et seq.
Affiliates
Model
forms for opt-out notices,
6-3131 et seq.;
6-8131 et seq.
Arrests, information
about in reports
Banks
Consumer reporting
agencies, as,
6-1584Dealer
paper, as purchasers of,
6-1585Users of consumer credit information, as,
6-1580Consumer reporting agency, from,
6-1581Business transactions,
exemption from requirements,
6-1599Checking accounts
Overdraft, applicability
of rules,
6-1597Sufficiency
of funds, regular securing of information as to; not to qualify institution
as consumer reporting agency,
6-1607Child support
Overdue
Setting or modifying award, reports used to,
6-1554State or local child support enforcement
agency, definition,
6-1553.1Civil liability for noncompliance—See Noncompliance, this heading.
Co-maker, disclosure requirements,
6-1596Commercial transactions, exemption from requirements,
6-1599Common ownership
or common corporate control, definition,
6-2905;
6-7902.5Complaints, consumer; treatment of,
6-1564.1See also Disputes, this heading.
Completeness of reports disputed—See Disputes, this heading.
Consent to
communication, consumer's,
6-1553.5Consumer reporting agencies
Banks as users of information from,
6-1581Charges for certain disclosures,
6-1565.3Checking
accounts, regular securing of information as to sufficiency of funds,
not to qualify as consumer reporting agencies,
6-1607Exchange of information between institutions,
6-1604Information that
may be furnished without becoming consumer reporting agency,
6-1605Obsolete information,
restrictions on furnishing,
6-1608 et seq.
Restrictions
on information furnished,
6-1608 et seq.
Same transaction, information shared between parties
to; not to qualify as consumer reporting agencies,
6-1606Furnishers of information to, responsibilities,
6-1576.2 et seq.
Consumer reports
Accuracy
Disputes over—See Disputes, this heading.
Arrests
Verification of accuracy of information,
6-1557.1Authorized purposes
for,
6-1612Child
support obligations, overdue—See Child
support, this heading.
Closing of account by consumer,
6-1555.2Complaints, consumer; treatment of,
6-1564.1See also Disputes, this heading.
Completeness
of—See Incomplete data, this subheading.
Disclosure of after
adverse action,
6-1558.1Court order, furnishing in response to,
6-1612Credit scores—See Scores, credit and other risk, this heading.
Criminal convictions
Verification of accuracy of information,
6-1557.1Deletion of information—See Disputes, this heading.
Disclosures to consumers—See Disclosures, this heading.
Disposal of
records derived from, regulatory authority,
6-1577.3;
6-3110Disputes—See Disputes, this heading.
Employment purposes, used for—See Employment purposes, consumer reports used for, this heading.
Government agency,
resale of to,
6-1558.3Identity
theft—See Identity theft.
Incomplete data
Compensating
for; interagency advisory,
3-1579.36Disputes over—See Disputes, this heading.
Insurance—See Insurance, this heading.
Investigative—See Investigative consumer reports, this heading.
Law suits and judgments
Verification of accuracy of information,
6-1557.1License eligibility of customer, furnished
to verify,
6-1612Medical
information—See Medical
information.
Missing data, compensating
for; interagency advisory,
3-1579.36Notice of responsibilities of users and furnishers of
information,
6-1558.1Omitted data, compensating
for; interagency advisory,
3-1579.36Procedures needed to obtain, new,
6-1589Responsibilities
to consumer, new,
6-1591Subpoena, furnished in response to,
6-1554Tax liens
Obsolete information
about paid liens,
6-1555Verification of accuracy of information,
6-1557.1Transaction not initiated by consumer—See Credit offer and Insurance, this heading.
Users of—See Users of consumer reports, this
heading.
Written instructions of consumer,
furnished in response to,
6-1612Counterintelligence and counterterrorism investigations
Federal Bureau of Investigation,
6-1577.23 et
seq.
Credit application, use of report in connection
with,
6-1554;
6-1588 et
seq.
Credit cards
Receipts, truncation
of account numbers,
6-1555.21Refusal to honor; disclosure requirements,
6-1598Credit obligation, existing; use of report
in connection with,
6-1554Credit offer
Transaction not initiated by consumer
Lists provided
by reporting agency, requests for exclusion from,
6-1554.3;
6-1554.4Credit reports—See Consumer
reports, this heading.
Criminal convictions, information in reports
Criminal
penalties for noncompliance—See Noncompliance, this heading.
Dealer paper
Banks as purchasers of,
6-1585Financial institutions as purchasers of
Responsibilities as to transactions,
6-1629Sale of consumer's obligation to
third party,
6-1630Debit
card
Receipts, truncation of account numbers,
6-1555.21Deletions from file—See Disputes, this heading.
Credit report, based on; disclosure of report
contents,
6-1558.1Experience
with customer, based on; no disclosure necessary,
6-1600Information furnished by other branch
of same institution, based on; no disclosure necessary,
6-1601Unverified information
on customer's application, based on; no disclosure necessary,
6-1600Adverse action
based on report, disclosure of report contents,
6-1558.1Co-maker, requirements
as to,
6-1596Credit cards, refusal to honor; requirements,
6-1598Disputed information,
deletion of; disclosure of consumer's right to notification,
6-1627Fee
Fraud alerts, in connection with,
6-1565.2Governmental agencies,
to,
6-1559Guarantor, requirements
as to,
6-1596Investigative consumer reports,
6-1556 et seq.
Consumer demanding
disclosure of information in file,
6-1636Negative information, furnishing to consumer reporting
agency,
6-3130;
6-8130Oral disclosures to customer,
6-1619Rights, consumer's; summary of,
6-1560.1 et seq.
Scores—See Scores, credit and other risk, this heading.
Surety, requirements
as to,
6-1596Telephone
disclosure to consumer,
6-1617Unauthorized disclosures by officers or employees,
6-1573Written disclosures to customer,
6-1619Disposal of records
derived from consumer reports,
6-3110Disputes
Accuracy, over,
6-1623 et seq.
Complaints,
consumer; treatment of,
6-1564.1Completeness of item
in consumer's file, over,
6-1623Complaints, consumer; treatment of,
6-1564.1Deletion of information, past recipients of
consumer reports to notified,
6-1626Charge for notification,
6-1628Consumer's right to notification,
6-1627Eligibility, or continued eligibility, for
credit
Medical information, use of in connection with determination
of,
6-2960 et seq.;
6-3500 et seq.;
6-7960 et seq.
See also Medical information.
Employee investigations, communications for,
6-1553.65Consumer reporting agencies, evaluating information from,
6-1641Denial of employment on basis of,
6-1643Financial institution
Credit application, use of in connection with,
6-1588Information furnished by,
6-1637Medical information, protection
of,
6-1554.6See also Medical information.
Obsolete information requirements,
6-1639Experience with customer, denial of credit based on;
no disclosure necessary,
6-1600Explanation of information in consumer's file by financial
institution,
6-1620Extension
of credit, use of report in connection with,
6-1588 et seq.
Fair Credit Reporting Act—See Fair Credit Reporting Act.
False pretenses, obtaining information under,
6-1572Federal Bureau of
Investigation, counterintelligence investigations,
6-1577.23 et seq.
See also Consumer reports, this heading.
Financial institution
Consumer reporting agencies, as—See Consumer reporting agencies, this heading.
Free disclosures in connection with,
6-1565.2Government agencies
Federal Bureau of Investigation, counterintelligence investigations,
6-1577.23 et seq.
Enforcement
by—See Fair Credit Reporting
Act.
Guarantor, disclosure requirements,
6-1596Identity theft—See Identity theft.
Inaccurate information, discovery in consumer's file;
item to be deleted,
6-1624Insurance
Medical
information, consumer reports containing furnished in connection
with—See Medical information.
Transaction not initiated by consumer
Lists provided by reporting agency, requests for exclusion
from,
6-1554.3;
6-1554.4Certification of purpose of use,
6-1557.1Consumer to be notified,
6-1642Financial institutions, responsibilities as to use of,
6-1632Preparation for third
party by financial institution, requirements,
6-1635Jurisdiction of courts,
6-1571Law suits and judgments, information in reports
Liability for noncompliance—See Fair Credit Reporting Act, at Noncompliance, penalties for.
License eligibility of customer, consumer report furnished
to verify,
6-1612Medical information—See Medical information.
Mortgage servicing; dispute arising from assignment,
sale, or transfer of,
6-1356.16;
6-1356.19See also Terrorism, this heading.
Nationwide specialty consumer reporting agency,
definition,
6-1553.64Noncompliance, penalties for—See Fair Credit Reporting Act.
Employment purposes, report used for; requirements,
6-1639Penalties for noncompliance—See Fair Credit Reporting Act, at Noncompliance, penalties for.
Preexisting business relationship,
definition as to sharing of information between affiliates,
6-1576.53;
6-2937;
6-7937Public record information for employment
purposes,
6-1566;
6-1640Reports—See Consumer
reports, this heading.
Reseller
Disputed accuracy, exemption from reinvestigation
requirement,
6-1564.2Rights,
consumer's; summary of with disclosures,
6-1560.1 et seq.
Scores, credit and other risk
Disclosures
Consumer request
for score,
6-1560.18 et seq.
Not automatically required,
6-1560Source of information,
disclosure,
6-1595Statute
of limitations for civil liability,
6-1646Subpoenas, consumer reports furnished in response
to,
6-1612Surety, disclosure
requirements,
6-1596Tax
liens, information in reports
Obsolete information
about paid liens,
6-1555Terrorism
See also National security investigation, this heading.
Federal Bureau of Investigation,
6-1577.23 et seq.
Unverifiable information
in consumer's file, to be deleted,
6-1624Unverified information on consumer's application,
credit denied on basis of; no disclosure necessary,
6-1600Users of consumer reports, duties
of,
6-1568 et seq.
Certification of purpose
of use,
6-1554.5Fair debt collection practices
, 6-1675 et seq.
See also Fair Debt Collection Practices Act.
Advertisement of sale of debt by banks as debt collectors prohibited,
6-1719Amount greater than
authorized by contract or permitted by state law not to be collected,
6-1723Attorneys of bank
not considered debt collectors,
6-1716Banks as debt collectors,
6-1704 et
seq.
See also this heading generally.
Employees of bank not considered,
6-1716Checks, bad; enforcement
programs operated by private entities, exemption for,
6-1700.1;
6-1700.2Civil liability for violations—See Liability
for violations, this heading.
Communication by debt collector
Consumer, with; generally,
6-1681Attorneys, represented by,
6-1721Congress, reports to by Federal
Trade Commission,
6-1698Consumer debt
Commercial credit, debts held
as security for,
6-1715Nonrelated person, collected for; isolated instance,
6-1710Contacting consumers—See Communication by debt collector, this heading.
Debt collectors
Attorneys of bank not considered,
6-1716Employees of bank not considered,
6-1716Identification of self
in acquiring information,
6-1680Officers of bank not considered,
6-1716Unfair practices, prohibition,
6-1686Debts
Deceptive forms, debt collectors
furnishing,
6-1691Default
of debt, definition,
6-1711Dispute of consumer debt, provisions for,
6-1729Collection efforts to cease during dispute,
6-1730Employees of bank
not considered debt collectors,
6-1716Envelope with language or symbol indicating debt collection
not to be used,
6-1727Exemption for state regulation,
6-1700False representations by debt collectors prohibited,
6-1685;
6-1719Federal Trade Commission, reports to Congress by,
6-1698Forms, deceptive; debt collectors
furnishing,
6-1691Jurisdiction as to civil
liability,
6-1694Legal
actions by debt collectors,
6-1690Determination
of amount,
6-1693Location information
Misleading representations by debt collectors prohibited,
6-1685Mortgages, banks servicing
not considered debt collectors,
6-1713 Noncompliance, consequences of,
6-1730Notification, written; validation of debts
by,
6-1688Officers of
bank not considered debt collectors,
6-1716Oppression of consumers prohibited,
6-1719Penalties for violations,
6-1707Postcards not to be used,
6-1725Reports to Congress by Federal Trade Commission,
6-1698Repossession of property,
bank may threaten when justified,
6-1726State laws, relation to,
6-1699State regulation, exemption for,
6-1700Student loans, banks servicing not
considered debt collectors,
6-1713Third party
Threats
Repossession, of; permitted when justified,
6-1726Trade regulation rules for debt collection practices
not to be promulgated,
6-1697Trust departments of banks not considered debt collectors,
6-1714 Unfair practices
by debt collectors, prohibition,
6-1686Validation of debts,
6-1687 et seq.
Determination of amount,
6-1693Violence, threats of prohibited,
6-1719Federal Deposit Insurance Corporation
See also Deposit insurance.
Affiliates
Examination
of to determine effect of relationship on depository institution,
1-401.71Bank acquisitions—See Bank acquisitions, at Emergency acquisitions.
Bank mergers
Deposit insurance approval authority,
1-386 et seq.
Certification
of deposit insurance,
8-108.7Community reinvestment, enforcement authority,
6-1248Conservator for depository institution
Agreement or condition, enforcement of,
1-401.76Consumer reports provided
to,
6-1554Undercapitalized
institution, for
Exemption from corrective-action
requirements,
1-400.71State
member bank, appointment as by Federal Reserve Board,
1-104.2Currency and foreign transactions,
enforcement responsibilities,
3-1707Electronic fund transfers
Compliance
inquiries, mailing address for,
6-358Nonmember insured
banks, jurisdiction over,
6-358;
6-393Examination of insured depository institutions—See Bank examination.
Expedited funds availability, enforcement authority,
9-065;
9-722Fair credit reporting, enforcement authority,
6-1575Fair debt collection
practices, enforcement authority,
6-1696Federal Reserve Bank to be depositary for,
1-273Financial privacy
Consumer financial information, enforcement authority,
6-7382;
6-7383Right
to Financial Privacy Act, supervisory authority,
6-1752Foreign bank having an insured branch,
federal banking agency for,
1-336Foreign bank supervisory authorities, cooperation with,
1-577Insured state savings
association, conversion into, consent authority,
1-396;
1-397International Banking
Act, enforcement powers,
1-574 et seq.
International lending supervision, equal representation
as to,
3-672.37Liquidating
agent for depository institution, consumer reports provided to,
6-1554Mergers and consolidations
of insured depository institutions, approval authority,
1-386 et seq.
Privacy of financial
information—See Financial privacy, this heading.
Receiver for
depository institution
Agreement or condition,
enforcement of,
1-401.76Consumer reports provided to,
6-1554State member bank, appointment as by Federal Reserve Board,
1-104.2Records, availability
Federal Home Loan Banks, to,
1-285Securities and Exchange Commission, to,
1-286Reports of condition
Definition of terms,
authority,
1-343Reports
of examination, access to other agencies',
1-340Right to financial privacy—See Financial privacy, this heading.
Securities and Exchange Commission
Records of federal agencies available to,
1-286Securities, missing, lost, counterfeit,
or stolen; delegated authority concerning,
5-171Securities transactions, regulatory agencies
for persons engaging in,
5-021 et seq.
Government securities
dealers,
5-025.1Institutional
investment managers, insured bank,
5-024Investment discretion, persons exercising,
5-025Municipal securities dealers,
5-021Security measures of
state banks, authority over,
1-472State nonmember banks, federal banking agency for,
1-336State nonmember insured
bank, conversion into, consent authority,
1-396;
1-397State savings
associations, federal banking agency for,
1-336Termination of deposit insurance, procedures,
1-355 et seq.;
1-383Agreement or condition, enforcement of,
1-401.76Truth in Lending Act,
enforcement by,
6-1052Truth
in Savings Act, enforcement by,
6-6979Federal Reserve Banks
Accounting
procedures—See Accounting
procedures.
Accounts
Establishment with other Federal Reserve Banks,
1-134;
9-834Approval
of, Federal Reserve Board,
8-110Federal Reserve Bank of New York, authority to approve
establishment in,
8-110Foreign
currency, accounts payable in,
7-075;
7-087Operating principles and
procedures,
7-084Addresses, list of,
8-014Advances of credit by—See Credit, this heading.
Agents—See Federal Reserve agents.
Agreement corporation, ownership of shares
of by Reserve Banks,
3-731Agricultural paper, discount by,
1-112;
1-124 et seq.
Assessments by
Federal Reserve Board,
1-079Authority delegated from Federal Reserve Board,
8-121 et seq.
Authority to commence business,
1-025Balances with—See also Reserve requirements.
Nonmember banks, to offset deposits and collections
in transit,
9-830;
9-1563Bank acceptances, dealing in as open market
operation,
1-129Bank holding
companies
Divestiture, role in,
4-186Financial contracts, notification
of Federal Reserve Banks,
4-830 Bills of exchange
Dollar exchange,
acquired from member banks to create,
1-122Board of directors,
1-026See also Directors, this heading.
Administration
of bank affairs by,
1-028Agent, Federal Reserve—See Federal Reserve agents.
Bank merger application
approval authority, interest affecting,
8-106.2Branch offices, of—See Branch offices, this heading.
Chairman, appointment by Federal Reserve Board,
1-040Federal Reserve agent,
as—See Federal Reserve
agents.
Credit extended by,
1-028Deputy chairman appointed by Federal
Reserve Board,
1-040Meetings pending organization,
1-043Member bank activities,
monitoring,
1-028Regulations
prescribed by,
1-028Bonded indebtedness,
surplus net income applied to reduction,
1-049Bonds issued under Farm Credit Act, dealings
in,
1-300Branch offices,
1-018 et seq.
Addresses,
list of,
8-014Buildings
Contract-cost limitations,
1-085Erection, approval authority,
1-020Directors
Records
on directors maintained by Board, description,
8-347Budget, operating; reductions commensurate with decline in services,
1-105;
9-1562Buildings—See Branch offices, this heading.
Business,
authority to commence,
1-025Bylaws, prescription by board of directors,
1-024Cable transfers, dealing in as open market
operation,
1-129Capital
Increase or decrease of,
1-045Minimum for commencing business,
1-016Capital stock—See Capital stock of Reserve Banks.
Central banks of foreign countries—See Central banks.
Certificate of organization,
1-022Checks
Collection services—See Collection of checks and other items, this heading.
False certification
by officers or employees, unlawful,
1-293Circulating notes, receipt from Comptroller of the
Currency,
1-024Collection
of checks and other items,
9-775 et seq.
Account, definition,
9-776Administrative Reserve Bank, definition,
9-776Agent or subagent of owner, Reserve
Bank as,
9-787Bank draft, definition,
9-776Banking day, definition,
9-776Bank suspension or
closing, payments stopped,
9-805Binding effect on parties,
9-780Cash item
Charge-back of unpaid
items,
9-805Clearing institutions,
definition,
9-779Depository institutions,
definition as to,
9-779Electronic
item, definition,
9-777Foreign correspondent,
definition,
9-779Funds availability
and credit for items received,
9-796 et seq.
Government items and senders,
9-781International organization, definition,
9-779Noncash item
Credit for and availability of proceeds,
9-797;
9-798Operating circulars governing
handling of,
9-780Presenting for
acceptance,
9-792Paying bank, definition,
9-778Payments mechanisms,
9-793 et seq.
Presenting items for payment,
9-790 et seq.
Records on individuals
not part of clearing function,
8-385Returned check, definition,
9-778Return of cash items,
9-799Return of checks,
9-800 et seq.
Agreement, between paying and returning
banks,
9-801Credit, time schedule,
9-796Non–Reserve Banks,
handling by,
9-800Routing designation, reliance on,
9-788Sender, definition,
9-779Sending items, agreement and recovery mechanisms,
9-783 et seq.
Status, warranties,
and liabilities,
9-783 et seq.
Suspension of bank,
9-805Time limits for acting on items, extension criteria,
9-806Warranties
Breach of, attachment of security interest,
9-801.1Government entities, by,
9-807Sending banks, by,
9-784 et seq.
Collections of
member banks and nonmember banks, receipts from,
1-111;
9-830;
9-1563Collective bargaining—See Labor-management relations.
Commercial paper, discount by,
1-112Commodity Credit Corporation, depositaries
for,
1-280Conservators,
Federal Reserve Banks as depositaries for accounts of,
1-283Contracts
Building—See Branch offices, this heading.
Court of law or equity, standing in,
1-024Advances
Collateral, information about acceptability of,
2-007Collateral advances,
2-006Examinations in connection with,
1-104.1Foreign
deposits, prohibitions in connection with deposit insurance not to
affect,
1-401.32Promissory notes, on,
1-118United States
obligations, on,
1-123Collateral
advances,
2-006Examinations in connection with,
1-104.1Federal Intermediate Credit Banks, for,
1-125Finance-company paper,
2-060Foreign deposits, prohibitions in
connection with deposit insurance not to affect,
1-401.32Limitation
on paper of one borrower,
1-115Mortgage-company notes,
2-062Rates, establishment,
1-133Undercapitalized depository institutions, for,
2-011;
2-012Emergency credit
Indirect credit for others prohibited,
2-007Loss to insurance fund, assessments
for,
2-013Powers of banks,
2-029 et seq.
Liquidity management, use of primary credit program in,
2-075Report to Federal Reserve Board regarding
undue use of credit by member banks,
1-028Credit information, furnishing to
foreign banks,
7-092Debentures
issued under Farm Credit Act, dealings in,
1-300Delegated authority from Federal Reserve Board,
8-121 et seq.
Depositaries,
as
International funds
Asian Development Bank, for,
9-840Inter-American Development Bank, for,
9-837International Development Association,
for,
9-838International
Finance Corporation, for,
9-839International Monetary Fund, for,
9-836United States funds,
1-138Commodity Credit Corporation, for,
1-280Conservators' accounts,
for,
1-283Farm Credit System
funds, for,
1-140Federal
Crop Insurance Corporation, for,
1-281Federal Deposit Insurance Corporation, for,
1-273Federal Home Loan Banks, for,
1-274Federal National Mortgage
Association, for,
1-279Government National Mortgage Association, for,
1-279Housing and Urban Development, Department
of; for,
1-276Postal Service
Fund, for,
1-282Small Business
Administration, for,
1-277Small Business Investment Companies, for,
1-278See also Board of directors, this heading.
Checks, false
certification by director unlawful,
1-293Candidates serving more than one member bank ineligible,
1-038Member banks classification
for electing, authority,
8-121.96Selection
considerations,
8-176Bank
employees, directors, or officers ineligible,
1-034Member banks classification for electing, authority,
8-121.96Selection considerations,
8-176Appointment by Federal
Reserve Board,
1-040Bank
employees, directors, officers, or stockholders ineligible,
1-035Selection considerations,
8-176Conflicts of interest,
8-168 et seq.
Congressional
representative ineligible,
1-033Records concerning maintained by Board, description,
8-347Senators ineligible,
1-033Suspendable or removable
by Federal Reserve Board,
1-097Discounts by—See Credit, this heading.
Dissolution, disposition
of surplus,
1-049Drafts
Member banks, acquired from to create dollar exchange,
1-122Earnings, division,
1-048 et seq.
Disposition of
surplus on dissolution or liquidation,
1-049Edge corporation, ownership of shares by,
3-731Electronic fund transfers, jurisdiction
over state member bank transactions,
6-358Emergency Loan Guarantee Board, fiscal agents for,
1-558Employees
Collective bargaining and unionization—See Labor-management relations.
Compensation and expenses,
1-042Federal Reserve notes, wrongful issuance
by,
1-455Law enforcement
officers, uniform regulations for,
8-630 et seq.
Records maintained on
List and descriptions,
8-333 et seq.
Employers, not defined as regarding labor-management relations,
1-291Examinations by—See Bank examination.
Examinations
of, by Federal Reserve Board,
1-092;
2-239Exchange Stabilization
Fund, special drawing rights redeemed from,
1-290Farm Credit Act, dealings in bonds and debentures
issued under,
1-300Farm
Credit System funds, depositaries and fiscal agents for,
1-140Federal Crop Insurance
Corporation, depositaries for,
1-281Federal Deposit Insurance Corporation, depositaries for,
1-273Federal Home Loan
Banks, depositaries for,
1-274Federal Intermediate Credit Banks
Acceptances
of, dealings in,
1-135Federal National Mortgage Association
Records of federal
agencies available for,
1-287Federal Open Market Committee
Emergency, actions
delegated to Banks during,
8-833Federal Reserve
Board, supervision by—See Federal Reserve Board.
Federal Reserve
notes—See Federal Reserve
notes.
Fees for services to depository
institutions—See Fees.
Financial contracts of bank holding companies,
notification of Federal Reserve Banks,
4-830Financial services—See Services to depository institutions, this heading.
Fiscal agents of United States, as,
1-138Emergency Loan Guarantee
Board,
1-558Expenses reporting
and payment,
7-091Farm
Credit System, for,
1-140Federal Reserve Board supervision,
7-091Internal revenue taxes, receipt by,
1-269United States savings bonds, redemption
and liability for losses,
1-270Foreign correspondents, appointment of,
9-834Foreign entities
Central
banks, suits involving receipt of property from; jurisdiction,
1-254Establishment of account,
Federal Reserve Board approval,
8-110Relationships and transactions with,
1-136;
7-070 et seq.
Visitors, foreign, prior notification,
7-084Accounting procedures,
7-084Accounts with and for—See Accounts, this heading.
Banker's acceptances, purchase of; guarantees termination,
7-085 Credit information,
furnishing to,
7-092Federal
Reserve Bank of New York, authority to approve accounts with,
8-110Operating principles and
procedures,
7-084United
States currency shipments, acceptance of,
7-093Foreign obligations
Security
for advances to member banks, as,
1-088Foreign states
Banking relationships
and transactions with,
7-070 et seq.
Operating principles and procedures,
7-084Suits involving receipt of property
from, jurisdiction,
1-254Funds
See also Wire transfers of funds.
Gold
Certificates, deposited in Federal Reserve
Banks,
1-154Expenses for depositing
in,
1-155Reserve, surplus earnings to supplement,
1-049Collection functions,
9-781Internal revenue taxes, receipt of,
1-269Government National Mortgage Association, depositaries
for,
1-279 Housing and
Urban Development, Department of; depositaries for,
1-276Industrial paper, discount,
1-112International banking
operations
Facilities, notification of establishment,
2-206.13Filing and processing
procedures,
3-557Labor-management relations, not defined as
employer regarding,
1-291Law enforcement officers, uniform regulations for,
8-630 et seq.
Liability
United States savings
bonds, for losses on,
1-270Liquidation
Federal Reserve Board, by,
1-099Surplus, division of,
1-049Loan
Fee, personal; requesting or accepting for procuring
loan; as criminal offense,
1-453Gift, requesting or accepting for procuring loan; as criminal
offense,
1-454 et seq.
Losses
Board, charged off by,
1-098United States savings bonds, liability
for losses on redemption; relief from,
1-270Master account and services database,
1-105.3Member banks, dealings with—See also Member banks.
Affiliate relations with—See Affiliate–member bank relations.
Capital stock acquisition and retirement, approval
of,
3-1505Collections
of, receipt from by Federal Reserve Banks,
1-111Conduct of, monitoring,
1-028Credit, undue use reported to Federal Reserve
Board,
1-028Deposits,
receipt from by Federal Reserve Banks,
1-111Edge corporation not to become,
1-241United States bonds, purchase from,
1-159Allotment by Federal
Reserve Board,
1-160Federal
Reserve notes, taking out for,
1-162National agricultural
credit corporations, dealings in acceptances of,
1-135National banks, stock subscriptions by,
1-006;
3-478Obligations
Foreign, as security for advances by member
banks,
1-088Officers
False certification of checks, by; unlawful,
1-293Suspension or removal by Federal Reserve Board,
1-097Open market operations—See Open market operations.
Operating circulars
Organization
Addresses, list of,
8-014Delegation of authority,
8-013Priced-services activities,
9-1570Postal Service Fund, depositaries
for,
1-282Processing procedures, international banking operations,
3-557Promissory notes, advances
on to member banks,
1-118Purchases, Federal Reserve Board regulation of,
1-120Rates of discount, establishment,
1-133Records
Federal National Mortgage Association, available for,
1-287Securities and Exchange
Commission, available for,
1-286Rediscounts
Agricultural paper,
1-125Reorganization by Federal Reserve Board,
1-099Reports
Weekly statements to participating banks,
7-084Condition, of; filing and access requirements,
1-340;
1-341Examination, access to,
1-340Regulation U, under; to be filed with,
5-856Sales, regulation by Federal
Reserve Board,
1-120Securities
and Exchange Commission, records available for,
1-286Services to depository institutions
Consolidation across District lines, policy statement,
9-1577Fees for—See Fees.
Guidelines for provision of,
9-1573Public comment on, guidelines,
9-1574Surpluses and shortfalls, policy statement,
9-1576Withdrawal from
service line, factors for evaluating requests,
9-1575Shareholders—See Capital stock of Reserve Banks.
Sight drafts, discount or purchase,
1-114Small Business Administration, depositaries
for,
1-277Small Business
Investment Companies, depositaries for,
1-278Special drawing rights
Exchange
Stabilization Fund, redemption from,
1-290Secretary of the Treasury, issue by,
1-290State member banks located in District—See also State member banks.
Capital stock acquired—See Capital stock of Reserve Banks.
Changes in business not involving risk, approval,
3-428Electronic fund transfers,
jurisdiction over,
6-358Federal Reserve System membership, authority as to voluntary withdrawal,
3-486Fiduciary functions,
undertaking of; approval procedures,
3-429;
3-450Stock—See Capital stock of Reserve Banks.
Suspension of
operations by Federal Reserve Board,
1-099Taxes
Internal revenue, receipt
as government depositary,
1-269Treasury secretary, special drawing rights issued to,
1-290Unionization—See Labor-management relations.
United States
Bonds,
purchase from member banks,
1-159 et seq.
Exchange of Treasury bonds,
1-166Obligations, dealing in,
1-131Savings bonds, redemption and liability
for losses, relief from,
1-270Vacancies on board of directors,
1-044Wire transfer of funds—See Wire transfers of funds.
Federal Reserve Board
Applications, consideration
of—See Rules (Federal
Reserve Board), at Procedural.
Assessments of Federal Reserve Banks,
1-079Audits
Office
of Inspector General, by,
8-011Authority, delegation of—See Delegation of authority, this heading.
Bank holding companies
Acquisition
of bank interest, untimely request for reconsideration of action,
4-268Acquisitions, approval,
4-066Stay because of antitrust
law,
4-096Applications
Request for approval prior to filing,
4-636Examinations, powers as to,
4-088Extension of credit by
without approval by Board,
4-510Nonbanking activities, expansion without Board approval;
violation,
4-740Penalties, assessment
of,
4-091Untimely request
for reconsideration of action; acquisition of bank interest,
4-268Chairman
Delegation of functions—See Delegation of authority, this heading.
Check float reduction and pricing,
9-1579 et seq.
Implementation
schedule,
9-1584Community
reinvestment, enforcement authority,
6-1248Consumer leasing
Estimates,
disclosures as; authority to permit,
6-551Model disclosure forms, authority to establish,
6-556.1State law, determinations
pertaining to,
6-529;
6-556Update and clarify regulations, authority to,
6-556.1Credit aggregates,
maintaining,
1-017Credit
control
Regulations concerning,
1-537Credit transactions, limitations and prohibitions
on,
1-540Currency and foreign
transactions, enforcement responsibilities as to,
3-1707Debt collection—See Rules (Federal Reserve Board), at Procedural.
Director
of Banking Supervision and Regulation Division, to,
8-108 et seq.
Director of Consumer and Community
Affairs Division, to,
8-109 et seq.
Director of Financial Stability Division, to,
8-114Director of International Finance Division, to,
8-110Director of Monetary Affairs Division, to,
8-111Director of Reserve Bank Operations and Payment Systems Division, to,
8-112Federal Reserve Banks,
to,
8-121 et seq.
General
Counsel of Board, to,
8-107 et seq.
Members of Board, to; by Chairman,
8-105 et seq.
Review of actions at delegated level,
8-104Secretary of Board,
to,
8-108 et seq.
Secretary
of Federal Open Market Committee, to,
8-113Deposit insurance requirements
Bank
holding companies
Cease-and-desist orders against,
1-358Federal banking agency
for,
1-344Bank obligations,
designation as deposits for,
1-335.4National bank officials removal, final determination
by,
1-366Regulatory violations,
hearings procedure,
1-372Reports of condition
Definition of terms, consultative
authority,
1-343Filing
schedule determination,
1-341State member banks
Certification, authority
of,
8-108.7Conversion into,
consent authority,
1-396Federal banking agency for,
1-336Mergers and consolidations, approval authority,
1-387Termination procedures,
1-383Discounts
Federal Reserve Banks, regulation of,
1-120Rates, establishment,
1-133Economic developments and prospects
Monetary policy and,
1-017Edge corporations
Regulation by Board,
2-231Electronic fund transfers, authority as to,
6-300Federal law
Staff interpretations,
issuance of,
6-358.1Employees of Board,
1-103Conduct and responsibilities—See Employee responsibilities and
conduct.
Delegation of functions to—See Delegation of authority, this
heading.
Equal employment opportunity—See Equal employment opportunity
(Federal Reserve Board).
Federal Reserve
notes, wrongful issuance by,
1-455Former, limitations on activities,
8-601 et seq.
Law enforcement officers, uniform regulations
for,
8-630 et seq.
Records on—See Privacy.
Equal access to Board programs—See Equal employment opportunity (Federal
Reserve Board), at Program accessibility.
Equal credit opportunity
Annual reports to Congress,
6-110Exemptions to
states, granting,
6-105Regulations for enforcement,
6-099Equal employment opportunity—See Equal employment opportunity (Federal Reserve
Board).
Examinations—See also Bank examination.
Expedited funds availability, enforcement authority,
9-722Export trading companies
Subsidiaries, proposed investment in; review by Board,
3-738Time period for action
by Board,
3-654Extensions
of credit by bank holding companies without approval by Board,
4-510Fair credit reporting,
enforcement authority,
6-1575Fair debt collection practices, enforcement authority,
6-1696Federal Advisory Council, conferring
with,
1-107Federal Deposit
Insurance Act, reconciliation with International Banking Act,
1-575Federal Open Market Committee,
records kept,
1-086Federal
Reserve agents, supervision of—See Federal Reserve agents.
Federal Reserve Banks, supervision of,
1-101Chairman of board of directors, appointment,
1-040Check-collection services,
fixing of charges for,
9-831;
9-1564Credit, undue use by member banks
reported to Board,
1-028Delegation of functions to—See Delegation
of authority, this heading.
Deputy chairman of board of directors appointed by,
1-040Directors
Class C directors to be designated by Board,
1-032Suspension or removal
by Board,
1-097Discounts,
regulation of,
1-120Division of Reserve
Bank Operations and Payment Systems, responsibilities of,
8-007Fiscal agent of United States, supervision,
7-091Foreign accounts, operating principles
and procedures,
7-084Foreign
banks, relationships and transactions with
Accounts
and correspondent relationships, authority over,
9-834Authority over,
7-070 et seq.
Operating principles and procedures,
7-084International
funds, as depositaries for; regulatory authority,
9-836 et seq.
Liquidation by Board,
1-099Losses, charging off,
1-098Master account and services, maintenance of public database recording access to,
1-105.3Officers, suspension or removal by Board,
1-097Open market operations
Bills payable in foreign
currencies, purchase or sale,
7-088Investment purchases, principles governing,
7-094Purchases, regulation of,
1-120Rediscounts among, permission,
1-093Reorganization by
Board,
1-099Sales, regulation
of,
1-120Suspension by Board,
1-099Federal Reserve Bulletin—See Federal Reserve Bulletin.
Federal Reserve cities, reclassification by,
1-096Federal Reserve notes—See Federal Reserve notes.
Fees—See Fees.
Financial market utilities,
designated
Financial privacy,
right to; supervisory authority,
6-1752Float reduction and pricing,
9-1579 et seq.
Implementation schedule,
9-1584Foreign banking business,
1-227 et seq.
Board members not to be directors, officers, or
stockholders,
1-240Foreign
bank supervisory authorities, cooperation with,
1-577;
3-615Freedom of information,
delegated authority,
8-107.1Foreign banks, reserve requirements,
1-567Former members and employees, limitations on activities,
8-601 et seq.
Functions,
delegation of,
1-102Hearings—See Hearings, at Federal Reserve Board proceedings.
Home mortgage disclosure, annual report,
6-5239Identity theft, authority to issue regulations,
6-1568.4Information availability
Public access to Board records—See Freedom of information.
Inspector general
Responsibilities of,
8-011Interest on deposits, prescribing rules for advertising,
1-176Interlocking directorates
among member banks and other financial institutions prohibited, enforcement,
1-406Exceptions, authority
to grant,
8-107.4International
Banking Act
Enforcement powers,
1-574 et seq.
Federal Deposit Insurance
Act, reconciliation with,
1-575Investments abroad, consent authority—See International banking operations.
Law enforcement officers, uniform regulations
for,
8-630 et seq.
Loans by member
banks
Officers, directors, and shareholders,
to; prescription of rules and regulations,
3-1016Management official interlocks, relationships
permitted by agency order,
3-785;
3-824Meetings
Public
observation of—See Public
participation.
Prompt action in absence of,
8-105.3Members
Corporations
engaged in foreign banking, not to be directors, officers, or stockholders
of,
1-240Delegation of
functions to, by Chairman—See Delegation
of authority, this heading.
Federal Open Market Committee membership,
8-801Former, limitations on activities,
8-601 et seq.
Ineligibility
for service to member banks,
1-078Limitations on activities of former members,
8-601 et seq.
Officers or stockholders
of banks, prohibition,
1-080Organizational rules,
8-002Vacancies, president
to fill during Senate recess,
1-081Monetary policy objectives,
1-017National bank, conversion from state bank;
points to be considered,
1-057Notices—See also Federal Register.
Charges, notice of; amendment authority,
8-105Orders
Bank
holding companies, as to,
4-083Cease-and-desist—See Cease-and-desist orders.
Consent enforcement orders, delegated authority,
8-107.4Enforcement, authority of Board's
general counsel,
8-108.4Management
official interlocks, relationships permitted by,
3-785;
3-824Modification
of, authority to grant,
8-108Organizational rules—See Rules (Federal Reserve Board).
Policy
statements—See Policy
statements and guidelines.
Delegation of functions—See Delegation of authority, this heading.
Federal Reserve agents, requiring bonds of,
1-100;
9-833Federal Reserve Banks, supervision of—See Federal Reserve Banks, this heading.
Federal Reserve cities, reclassification,
1-096Federal Reserve notes,
issuance and retirement,
1-095Law enforcement officers, authorization of,
1-104.4Reclassification of Federal Reserve cities,
1-096Reserve requirements,
suspension,
1-094Rules
and regulations, issuance of,
1-100Privacy of consumer financial information, enforcement
authority,
6-7382;
6-7383Procedural rules—See Rules (Federal Reserve Board).
Published information,
8-200 et seq.
See also Freedom
of information.
Federal Reserve Bulletin—See Federal Reserve Bulletin.
Quorum—See Meetings, this heading.
Reclassification
of Federal Reserve cities,
1-096Reconsideration of action, untimely request for; acquisition
of bank interest by bank holding company,
4-268Records
Access to—See Freedom of information.
Personal information—See Privacy.
Federal
Home Loan Banks and Federal Housing Finance Board, available to,
1-285Federal Open Market Committee
policies, of,
1-086Securities
and Exchange Commission, available to,
1-286Regulations
See also entries for specific regulations.
Corrections and conforming amendments, authority of secretary of
Board,
8-106Improving;
policy statement,
8-040See also Regulatory flexibility.
Reports by
Advances to critically
undercapitalized banks, excess loss on; report to Congress,
2-027Annual reports to Congress,
1-083See also specific topics, this subheading.
Bank Holding Company Act
Administration of,
annual report,
4-085Nonbanking
activities, approvals of,
4-080.62Bank mergers and consolidations, reports on competitive
factors,
3-1565;
3-1567See also this subheading generally.
Economic developments and prospects, reports
to Congress,
1-017.1;
1-017.2Electronic Fund Transfer Act, administration
of; annual report,
6-394Expedited Funds Availability Act, exceptions to prevent fraud loss,
9-700Federal Open Market
Committee actions, annual report,
8-113Federal Reserve System work force, report to
Congress on; use of personnel records for,
8-345Government in the Sunshine Act,
8-433Home mortgage
disclosure, annual report on need for certain data collection,
6-5239Open market operations, annual report
Board policies and operations,
1-086Federal Open Market Committee actions,
8-113Privacy Act requirements
Records systems changes, privacy impact report,
8-330Reserve requirements
Supplemental,
reports to Congress,
2-219Securities and Exchange Commission, availability to,
8-108.92Securities Exchange Act, activities
under and recommendations concerning; annual report,
5-228Reports to—See specific topic of report or reporting entity.
Reserve accounts, withdrawal of uncollected funds refused,
2-170Right to financial
privacy, supervisory authority,
6-1752Rules of organization and procedure—See Rules (Federal Reserve Board).
Securities
Dealers extending
credit, reports to,
5-172Securities Exchange Act
Activities under and
recommendations concerning; annual report,
5-228Power to define terms,
5-030Securities registration, Board not to require
for offering,
5-678 Securities
transactions, regulatory agency for persons engaging in,
5-021 et seq.
Government securities dealers,
5-025.1Institutional investment managers,
5-024Investment discretion, persons exercising,
5-025Lost, missing, or stolen;
delegated authority over,
5-171Margin requirements
Rules and regulations
governing,
5-049 et seq.
Mortgage-related securities, restrictions as to for brokers, dealers,
and exchanges,
5-055.1;
5-067Municipal securities dealers,
5-021Reports from dealers extending credit,
5-172Small business–related
securities, restrictions as to for brokers, dealers, and exchanges,
5-055.1;
5-067Security devices and procedures, authority to regulate,
1-472;
1-472.1State bank, conversion to national bank; points for consideration,
1-057State member banks,
authority over—See also State member banks.
Clearing agencies,
acting as,
3-252Employee
Retirement Income Security Act violations by, notification of to
Department of Labor,
8-108.7Federal Reserve membership, conditions of; prescription of,
3-425 et seq.
Eligibility determination,
3-434 et seq.
Transfer
agents, registration,
3-251Trust business, permission required,
3-425Stress tests, as enhanced prudential standards
Regulation by Board,
4-783 et seq.
Truth
in lending
Regulations as to, prescription,
6-1042Reports on
Credit card price
and availability information,
6-1102.1United States bonds, allotment of to be purchased from
member banks,
1-160Untimely
request for reconsideration of action, acquisition of bank interest
by bank holding company,
4-268Foreign banking organizations
, 3-575 et seq.
See also International banking operations.
Acceptances by,
1-117 et
seq.
Accounting services, engaging in,
3-591Acquisitions by—See Investments, this heading.
Acquisitions involving, supervision by home
country,
4-022Advances from Federal Reserve Banks,
1-123.1Affiliates
Examination
of—See Examination, this
heading.
Transactions and relations with,
restrictions,
3-1170Insured
branch, applicability to foreign bank with,
1-398.1Agencies
Capital standards applied to,
4-010.1Change the status of, definition,
3-579Crimes and suspected crimes, reporting,
3-606Establishment, Federal
Reserve Board approval,
1-570;
1-570.1State supervisors, consultation
with,
1-570.6Examination—See Examination, this heading.
Federal—See Federal
branches and agencies, this heading.
Government securities broker-dealer, as,
3-608Privacy of customer information,
requirements,
3-608Reserve
requirements, transitional adjustments,
2-360.11State—See State
branches and agencies, this heading.
Armored-car services, engaging in,
3-591Assets
Federal branches and agencies, Comptroller of Currency
to determine for,
1-564.4Nonbanking activities, determination as to,
3-587Auditing services, engaging in,
3-591Bank acquisitions—See Investments by, this heading.
Bank holding company applications—See Bank holding companies.
Banking subsidiary, definition as to interstate
banking operations,
3-579Bank premises companies, investments through,
3-762Bank Secrecy Act violations, reporting,
4-015.2Bookkeeping services,
engaging in,
3-591Branches—For foreign branches of U.S. banks, see International banking operations, at Foreign branches of U.S. banking organizations.
Capital standards applied to,
4-010.1Check-collection services by Federal Reserve,
balance maintained for,
9-779Crimes and suspected crimes, reporting,
3-606Establishment, Federal
Reserve Board approval,
1-570;
1-570.1State supervisors, consultation
with,
1-570.6Examination—See Examination, this heading.
Federal—See Federal
branches and agencies, this heading.
Federal statutes governing,
1-569Government securities broker-dealer, as,
3-608Home state—See Home state, this heading.
Indebtedness of member bank executive officers
to, reports of,
3-1053Affiliates, transactions with; restrictions not applicable
to parent of branch,
1-398.1Community Reinvestment Act rating, failure to maintain; financial
holding companies,
4-057.3Loans
to officers, directors, and principal shareholders,
1-398.1;
3-1085.5Record-retention rules, applicability,
3-1789.4Interstate banking,
3-690Deposit-production offices prohibited,
3-170 et seq.;
3-585Limited, definition,
3-581Loans to officers, directors, and shareholders, limitations,
1-398.1;
3-1085.5Privacy of customer information, requirements,
3-608Reserve requirements—See Reserve requirements, at Foreign banking organizations.
State—See State branches and agencies, this heading.
Brokers and dealers,
credit to—See Securities credit transactions, this heading.
Capital standards
Interbank liabilities,
3-017Cayman Islands, requirements for
establishing foreign branch in,
3-752Central banks—See Central banks.
Commercial
lending company
Interstate banking operations, as to,
3-579Establishment, delegated
authority,
8-107.5Ownership of,
Federal Reserve Board approval,
1-570;
1-570.1State supervisors,
consultation with,
1-570.6Termination of operations, Federal Reserve Board order,
1-570.2 et seq.
State supervisors,
consultation with,
1-570.6Community reinvestment
Insured,
failure to maintain rating; financial holding companies,
4-057.3Uninsured state branch of, applicability
of regulation to,
6-1220Competition
Deposit insurance, ensuring equal
competitive opportunities,
1-566.1Establishment of foreign branch creating,
3-750Comptroller of Currency to define
assets for federal branches and agencies,
1-564.4Consolidated supervision—See Home-country supervisor, this heading.
Consumer protection laws, compliance with,
1-573.1Control of
Credit card operations, institution engaging solely
in; by,
4-082.21Insurance company
operating U.S. branch, foreign; by,
3-768Parallel-owned banking organizations, safety and
soundness of U.S. depository institutions,
3-1579.4Convertible loans of foreign obligors, investments,
3-759Correspondents of
Federal Reserve Banks,
1-134Account establishment, Federal Reserve Board approval,
8-110Limitation to one, as to reserve requirements,
2-307.4Courier services, engaging in,
3-591Credit card operations, institution
engaging solely in; control by,
4-082.21Credit information, Federal Reserve Banks' furnishing
to,
7-092Credit reporting
services, engaging in,
3-591Crimes and suspected crimes, reporting,
3-606Bank Holding Company Act, bank subject to,
4-015.2Currency transactions—See Currency and foreign transactions.
Data processing, engaging in,
3-591Debts
Customers',
power of foreign branches to guarantee,
3-753Investments, debts previously contracted,
3-761Definition—See Definitions.
Cease-and-desist
orders against insured depository institution,
1-359Reporting, calculation of deposits to include
those in United States branches,
1-342Depository Institutions Management Interlocks Act, application
to,
3-814Deposits
Federal branches and agencies, requirements for,
1-564.4Home state, from outside,
3-744Agreement concerning,
authority to enter into,
8-121.92Discount paper endorsed by Federal Reserve Banks,
1-123.1;
2-031 Discrimination
against modified,
3-671Domestic
branch, bank holding company,
4-354Engage directly in business of banking outside the United
States, definition,
3-580Establish, definition,
3-580Eurocurrency liabilities
Overseas transactions,
reserve requirements,
2-148United States branches, balances and assets; reserve requirements,
2-149Disclosure of information by examiner,
1-465Federal branches and agencies, of; coordination,
1-564.1Federal Reserve Board,
delegated authority,
8-108.6Exemptions
Nonbanking
activities,
3-586 et seq.
Federal branches and agencies,
1-564.1 et seq.
Additional branches or agencies, establishment,
1-564.5Application, consideration
of possible competition,
1-564.2Assets, Comptroller of Currency to define,
1-564.4Bank Secrecy Act compliance, procedures
for monitoring,
3-608Conversion
to federal status,
1-564.3Customer identification program, Bank Secrecy Act compliance,
3-608Examination of, coordination,
1-564.1Home state, operation
outside of,
1-565 et seq.
Licensing authority, definition,
3-581Loans to officers, directors, and shareholders; limitations,
3-1085.5Relinquishment by
foreign bank ends authority,
1-564.6Revocation of authority to operate,
1-564.7State, single; not to coexist in,
1-564.3Federal Reserve Banks
Appropriate, definition,
3-578Correspondents of—See Correspondents of Federal Reserve Banks, this
heading.
Relationships and transactions
with,
1-136;
7-070 et seq.
Accounts payable in foreign currency,
7-075;
7-087Accounts with Federal Reserve Bank of New York, approval authority,
8-110Balance maintained for U.S. branches, Federal Reserve
check-collection services,
9-779Credit information, furnishing of,
7-092Discount paper endorsed by,
1-123.1Operating principles and procedures,
7-084United States currency
shipments, acceptance of,
7-093Federal Reserve System, authority over,
1-567Financial holding company, as—See Financial holding companies.
Foreign branches—See Branches, this heading.
Foreign subsidiaries
Investments by, limitations,
3-760National banks, of;
business conducted in United States,
3-758Home country, definition,
3-581Home-country supervisor
Consolidated supervision by, bank not subject to;
evaluation of U.S. operations,
3-622 et seq.
Home state
Branch operations outside
of,
1-565 et seq.
Notification requirement,
waiver authority,
8-121.92Deposits
from outside,
3-744Agreement
concerning, authority to enter into,
8-121.92Information, withholding;
willful violation,
3-771See also Branches, at Insured, this heading.
Interbank liabilities, capitalization,
3-017Interest on deposits
Regulation DD, applicability of to,
6-7032See also Home state, this heading.
Deposit production, use of branches for,
3-170 et seq.;
3-585Investments by
U.S. bank or bank holding
company, in; Board approval,
4-018;
4-068Investment securities, limitation
for federal branches and agencies,
1-564.4Investments in
Bank premise
companies, through,
3-762Convertible loans to foreign obligors,
3-759Debts previously contracted,
3-761Insurance
company, foreign, operating U.S. branch; by,
3-768Reports of condition, submission of,
8-108.5Representative offices,
foreign corporations with,
3-766Johnson Act violations,
3-751Leasing, engaging in,
3-591Lending company, commercial—See Commercial lending company, this heading.
Lending limits
Foreign
banks and companies, loans to,
3-770Single borrower, to,
3-616Management consulting, engaging in,
3-591Member banks
Executive
officers, indebtedness to; reports,
3-1100Foreign branches of—See International banking operations, at Foreign branches of member banks.
Investments by in foreign banks—See Investments in, this heading.
Merchant banking investments, restrictions on relations
and transactions with affiliates,
4-058.71;
4-058.72Money laundering—See Currency and foreign transactions.
National banks
Foreign
branches of,
1-217 et seq.
See also National banks, at Foreign branches.
Investments
by in foreign banks,
1-220Net income, determination as to nonbanking activities,
3-587Nonbanking activities,
3-586 et seq.
Supervision and regulation, policy statement,
4-835Loss of eligibility,
3-589Section 4(c)(9) of the Bank Holding
Company Act,
3-592Grandfather
rights, termination of upon becoming financial holding company,
1-572.2Nonqualifying banks,
specific determination of eligibility for,
3-590Permissible activities and investments,
3-591Qualifying foreign banks,
3-586Offices of
Approval of,
3-595 et seq.
Representative—See Representative offices, this heading.
Termination of,
3-609 et seq.
Parallel-owned banking organizations, safety and
soundness of U.S. depository institutions,
3-1579.4Parent, definition,
3-581Privacy of customer information, requirements,
3-608Promissory notes issued
by, definition as time deposits,
2-136Qualifying foreign banking organizations, definition
as to bank holding companies,
4-008Record retention, currency transactions,
3-1789.4Regional administrative office,
definition,
3-582Regulation
K, applicability of to,
3-575Relevant state supervisor,
definition,
3-582Rental
services, engaging in,
3-591Reports
Financial condition, authority to require
reports,
8-108.5Activities, permissible,
3-605Change the status of, definition,
3-579Crimes and suspected crimes, reporting,
3-606Establishment, approval
of,
3-605Investments by foreign
banks with,
3-766Reserve
requirements—See Reserve
requirements.
Revenues, determination
as to nonbanking activities,
3-587Securities broker-dealer activities, government securities,
3-608 Securities credit
transactions
English private commercial bank, bank loan
to,
5-888Single-credit rule, loans by offices
in and outside United States,
5-951.23Site of credit extension, borrowers obtaining securities
credit,
5-984U.S. borrower,
transfer to,
5-958.2Securities
underwriting and dealing
Permissible activities,
3-693Section 20 orders,
conditions to,
4-058.88State branches and agencies
Applications, activities
impermissible for federal branches,
3-617 et seq.
Bank, definition as,
4-354Home state, operation outside of,
1-565 et seq.
Licensing authority,
3-581Loans to officers, directors, and
shareholders,
3-1085.5Termination of activities, Federal Reserve Board order,
1-570.2 et seq.
State agencies, consultation
with,
1-570.6Uninsured,
applicability of community reinvestment regulation to,
6-1220Subsidiary
Banking, definition as to interstate banking operations,
3-579Foreign—See Foreign subsidiaries, this heading.
Supervision, consolidated—See Home-country supervisor, this heading.
Time deposits, promissory notes as,
2-136Transportation services,
passenger; engaging in,
3-591United States agencies—See Agencies, this heading.
United States
bank
Parallel-owned banking organizations,
safety and soundness of U.S. institutions,
3-1579.4United
States branches—See Branches, this heading.
Violations by, penalties
Withholding of information, willful violation,
3-771Forms
Authority to issue, Federal
Reserve Board,
8-108.92Bank mergers and
consolidations, sample certificate of publication of notice,
3-1566Closed-end credit model
forms and clauses—See Truth in lending, this heading.
Consumer leasing,
model forms,
6-531 et seq.;
6-5531 et seq.
Credit applications—See Equal credit opportunity and Truth in lending, this heading.
Debt collectors
furnishing deceptive forms prohibited,
6-1691Electronic fund transfers, error resolution;
sample notice,
6-350;
6-5350Equal credit opportunity, applications,
6-067 et seq.;
6-5067 et seq.
Federal Reserve Board filing procedures,
8-020Availability of forms,
8-031Standard forms, adoption
of,
8-039Form FR 2900
Credit union, check for employee's payroll savings
presented to; means of reporting,
2-306.3Deposits with current balance over $100,000,
2-306.2Loans in process, treatment
on,
2-306.6Suspense accounts
reported as transaction accounts,
2-306.4Transaction accounts meeting criteria for more than
one type of account,
2-306.1Vault cash, in-transit cash reported as,
2-365Form G-1, registration statement for lenders
of securities credit other than banks, brokers, and dealers,
5-781See
also Securities credit by banks and persons
other than brokers or dealers, at Registration.
Information required,
5-846Form G-2, deregistration statement for lenders of securities
credit other than banks, brokers, and dealers,
5-782See also Securities credit by banks and persons other than brokers or dealers, at Registration.
Application
to Board, approval authority,
8-121.98Copies of, obtaining,
5-859Form G-3, statement of purpose of credit extended and
persons other banks, brokers, and dealers,
5-783;
5-853Accepting through
the mail,
5-824Copies of,
obtaining,
5-859Transfers
of credit,
5-759Form G-4,
annual report of loans by banks and persons other than brokers or
dealers,
5-784Copies of,
obtaining,
5-859Form HUD-1, HUD-1A—See Real estate settlement procedures, at Uniform settlement statement.
Form SEC 10-Q, securities of state member banks,
3-286;
3-287Form T-4, statement of purpose of credit by broker or dealer,
5-466;
5-632Monthly charges to nonsecurities credit account,
5-632.1Form U-1, statement
of purpose of securities credit extended by banks,
5-780;
5-889 et seq.
Acquisition financing, confidential information,
5-900.19Confidential information, acquisition financing,
5-900.19Determination of purpose
of loan,
5-821Good faith
reliance on,
5-823Insurance company, credit secured
by margin securities,
5-897Loans made before March 31, 1982,
5-900.11Multiple-draw agreements, requirements for,
5-755Partially secured by margin
stock, loan,
5-942.16Partnership
interest, loan secured by,
5-900.15Pledge of stock for direct security,
5-900.1Requirement to obtain from borrower,
5-754Single-credit rule
Transfers
of credit,
5-759Leasing,
consumer—See Consumer leasing, model forms, this heading.
Loans—See Truth in lending, this heading.
Open-end credit model forms—See Truth in lending, this heading.
Real estate settlement—See Real estate settlement procedures, at Uniform settlement statement.
Savings accounts, disclosure forms—See Truth in savings, this heading.
Securities credit
See also entries for Forms G-1, G-2, G-3, G-4, T-4, and U-1, this
heading.
Securities of state member banks,
SEC Form 10-Q,
3-286;
3-287State member banks
Loans
on property in flood hazard areas, sample notices,
3-223Transfer agent, registration as,
3-251Truth in lending
Federal Reserve Board,
publication of model forms and clauses,
6-1042;
6-1043Balance-computation methods model clauses,
6-992;
6-5992Truth in savings,
6-6943 et seq.
