Illinois Senate Bill 2346: BANK COMMUNITY REINVESTMENT

Illinois · 104th session

What it does

Amends the Illinois Banking Act and the Savings Bank Act. Requires specified financial institutions to be insured by the Federal Deposit Insurance Corporation and agree to operate subject to 2 U.S.C. 2901 et seq. following a change in control, a purchase of substantially all assets, the assumption of substantially all liabilities of a State bank, or a merger.

Latest action

Referred to Assignments (2025-02-07)

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