Effective October 1, 1997
To All Depository Institutions and Others Concerned in the Second Federal Reserve District:
In our Circular No. 10935, dated March 27, 1997, the Board of Governors of the Federal Reserve System requested comment on a proposal to clarify the definition of the location of a depository institution in order to facilitate interstate branching. The Board has now announced the adoption of final amendments to its Regulations D and I, and its Rules Regarding Delegation of Authority, on this matter, effective October 1, 1997.
A copy of the amendments, as published in the Federal Register of June 27, 1997 is available as a file (pdf - 40kb). Additional copies may be obtained from our Public Information Department (Tel. No. 212-720-6130).