The Board has received inquiries
involving its practice concerning the release or disclosure of reports
on the competitive factors in connection with applications under the
Bank Merger Act of 1960. Following its review and consideration of
the matter, the Board has adopted the procedure set forth below pursuant
to section 261.2(d) of its Rules Regarding Information, Submittals,
and Requests.
Reports to the Federal Reserve
System.
Copies of reports on competitive factors
to the System from the Comptroller of the Currency, the Federal Deposit
Insurance Corporation, and the Department of Justice will be forwarded
promptly by the System upon receipt thereof to the applicant with
respect to whose application the reports relate. In addition, copies
of any such reports will be supplied by the System to anyone upon
request following the System’s receipt of the reports.
Reports by the Federal Reserve System.
Copies of reports on competitive factors by the System
to the Comptroller of the Currency and the Federal Deposit Insurance
Corporation will be supplied by the System to anyone upon request
following the submittal of the report by the System to the agency
that requested the report. S-1964; July 20, 1965.
