FDIC proposed rule to reform Bank Merger Act transaction processing (non-tariff notice)
The FDIC invites comment on a proposed rule (91 FR 60196; RIN 3064-AG18; amending 12 CFR parts 303, 314, and 333) that would reform how it processes and evaluates merger transactions under the Bank Merger Act; comments are due November 23, 2026. Key points: accounting for credit unions and centrally booked deposits in the initial competitive-effects analysis; a letter-filing process with "deemed approval" for de minimis merger transactions; tailoring filing burdens and processing times to a transaction's size and risk profile; and limiting FDIC discretion to remove filings from expedited processing while codifying its statutory-factor evaluation. Bank-regulation matter unrelated to U.S. import duty calculation — no HTS code or duty rate affected.
Scope
None (bank-regulation proposal; no HTS codes)