Status of ATM's Under State Branching Laws: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-eighth Congress, Second Session, on S. 2898 ... September 19 and 20, 1984 |
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amendment ATM sharing ATM's authority automated device automated teller machines bank branches bank customers Bank Supervisors bank's Banking Convenience Act banking services bill branch banking branching laws Canandaigua cash CBCT Chairman competitive equality Comptroller Comptroller's Congress consumers credit unions CSBS Currency deployment depository institution District Court decision EFT terminals electronic banking electronic funds transfer electronic terminal enacted facilities financial institutions funds transfer systems home office protection IBAA IBANYS Independent Bankers Association interpretation interstate issue legislation located MALARKEY Mandatory sharing Marine Midland Bank Marine Midland decision MasterCard MasterTeller program McFadden Act member banks National Bank Act out-of-state owned-or-rented participate in shared permissible functions Permissive sharing permit prohibit PSI member regulation rented savings and loan Senator GORTON Senator TRIBLE shared ATM networks shared ATM systems shared networks shared systems Statewide status quo statutes supermarket tions transaction fee Wegman's Wegmans Food Markets withdrawals York
Popular passages
Page 24 - branch' as used in this section shall be held to include any branch bank, branch office, branch agency, additional office, or any branch place of business located in any State or Territory of the United States or in the District of Columbia at which deposits are received, or checks paid, or money lent.
Page 63 - That nothing herein contained shall prevent any State member bank from establishing and operating branches in the United States or any dependency or insular possession thereof or in any foreign country, on the same terms and conditions and subject to the same limitations and restrictions as are applicable to the establishment of branches by national banks...
Page 217 - Within the limits of the city, town, or village in which said association is situated, if such establishment and operation are at the time expressly authorized to State banks by the law of the State in question ; and (2) at any point within the State in which said association is situated, if such establishment and operation are at the time authorized to State banks by the statute law of the State in question by language specifically granting such authority affirmatively and not merely by implication...
Page 78 - National banks are quasi-public institutions, and for the purpose of which they are instituted are national in their character, and, within constitutional limits, are subject to the control of Congress and are not to be interfered with by State legislative or judicial action, except so far as the lawmaking power of the Government may permit.
Page 63 - ... except that the approval of the Board of Governors of the Federal Reserve System, instead of the Comptroller of the Currency, shall be obtained before any State member bank may hereafter establish any branch and before any State bank hereafter admitted to membership may retain any branch established after February 25, 1927, beyond the limits of the city, town, or village in which the parent bank is situated.
Page 125 - Commission, notwithstanding that such rule, regulation, or order may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 217 - A national banking association may, with the approval of the Comptroller of the Currency, establish and operate new branches: (1) Within the limits of the city, town or village in which said association is situated, if such establishment and operation are at the time expressly authorized to State banks by the law of the State in question...
Page 95 - branch bank" at the very least includes any place for receiving deposits or paying checks or lending money apart from the chartered premises; it may include more.
Page 79 - ... unit banking and branch banking systems, a controversy that has been alive and sharp for years, branch banking has been steadily gaining in favor. It is not, however, here proposed to give the advocates of branch banking any advantage. We do not go an inch beyond saying that the two ideas shall compete on equal terms and only where the States make the competition possible by letting their own institutions have branches.
Page 13 - confefr] upon the States an ability to restrict the flow of interstate commerce that they would not otherwise enjoy.