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H.R. 6345 (109th): To make a conforming amendment to the Federal Deposit Insurance Act with respect to examinations of certain insured depository institutions, and for other purposes.

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


1/11/2007--Public Law. Amends the Federal Deposit Insurance Act to increase from $250 million to $500 million the maximum size of a small insured depository institution which the appropriate federal banking agency may subject to a full-scope, on-site examination every 18 months (instead of every 12 months), if the greater amount would be consistent with the principles of institution safety and soundness.