,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #feea  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #aj1         
#bjbe,mr4 ,l\d]milk introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
require annual reports on national bank 
& ,f$]al sav+s association *>t]         
applications1 depository in/itution     
hold+ company applications1 ,f$]al      
deposit insurance applications1 & ,/ate 
depository in/itution *>t] applications1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,new ,bank        
,application ,numb]s ,k ,act ( #bjbe or 
! ,new ,,bank ,act ( #bjbe4  #b4 ,annual
 report on national bank & ,f$]al sav+s 
association *>t] applications ,!        
,comptroll] ( ! ,curr5cy %all publi% an 
annual report t includes-- 7#a7 ! numb] 
( national bank & ,f$]al sav+s          
association *>t] applications receiv$1  
approv$ on a prelim9>y basis1 approv$ on
 a f9al basis1 d5i$1 )drawn1 expir$1    
moot$1 or return$2  7#b7 ! mean & m$ian 

times = prelim9>y approval ( su*        
applications2  7#c7 ! mean & m$ian times
 = f9al approval ( su* applications2 &  
7#d7 common reasons lead+ to d5ial1     
)drawal1 or expiration ( prelim9>y      
approval ( su* applications4  #c4       
,annual report on ,f$]al cr$it union    
*>t] applications ,! ,national ,cr$it   
,union ,adm9i/ration ,bo>d %all publi%  
an annual report t includes-- 7#a7 !    
numb] ( ,f$]al cr$it union *>t]         
applications receiv$1 pro(s ( concept   
e/abli%$1 approv$ on a f9al basis1 d5i$1
 )drawn1 expir$1 moot$1 or return$2     
7#b7 ! mean & m$ian times to e/abli%    
pro( ( concept = su* applications2  7#c7
 ! mean & m$ian times = f9al approval ( 
su* applications2 &  7#d7 common reasons
 lead+ to d5ial1 )drawal1 or expiration 
( e/abli%m5t ( pro( ( concept ( su*     
applications4  #d4 ,annual report on    
depository in/itution hold+ company     
applications ,! ,bo>d ( ,gov]nors ( !   
,f$]al ,res]ve ,sy/em %all publi% an    
annual report t includes-- 7#a7 ! numb] 

( applications to become a top-ti]      
depository in/itution hold+ company     
receiv$1 approv$1 d5i$1 )drawn1 moot$1  
or return$2  7#b7 ! mean & m$ian times  
to approve su* applications2 &  7#c7    
common reasons lead+ to d5ial or )drawal
 ( su* applications4  #e4 ,annual report
 on ,f$]al deposit insurance            
applications ,! ,f$]al ,deposit         
,insurance ,corporation %all publi% an  
annual report t includes-- 7#a7 ! numb] 
( applications = deposit insurance      
receiv$1 approv$1 d5i$1 )drawn1 moot$1  
or return$2  7#b7 ! mean & m$ian times  
to approve su* applications2 &  7#c7    
common reasons lead+ to d5ial or )drawal
 ( su* applications4  #f4 ,annual report
 on ,/ate depository in/itution & ,/ate 
cr$it union *>t] applications  7a7 ,9   
g5]al ,! ,bo>d ( ,gov]nors ( ! ,f$]al   
,res]ve ,sy/em1 ! ,f$]al ,deposit       
,insurance ,corporation1 & ! ,national  
,cr$it ,union ,adm9i/ration ,bo>d %all1 
jo9tly1 & 9 consultation ) ,/ate bank+  
regulators & ,/ate cr$it union          

regulators1 publi% an annual report t   
includes-- 7#a7 ! numb] ( ,/ate         
depository in/itution *>t] applications 
receiv$1 approv$1 d5i$1 )drawn1 or      
o!rwise disposition$ by ,/ate bank+     
regulators & ,/ate cr$it union          
regulators1 ) numb]s = ea* ,/ate %[n    
sep>ately2  7#b7 ! mean & m$ian times to
 approve su* applications1 ) times = ea*
 ,/ate %[n sep>ately2 &  7#c7 common    
reasons lead+ to d5ial or )drawal ( su* 
applications4  7b7 ,def9itions ,9 ?is   
section3 7#a7 ,/ate ,! t]m ,/ate means  
any ,/ate ( ! ,unit$ ,/ates1 ! ,di/rict 
( ,columbia1 & any t]ritory ( ! ,unit$  
,/ates4  7#b7 ,/ate bank ,! t]m ,/ate   
bank means any bank1 bank+ association1 
tru/ company1 sav+s bank1 indu/rial     
bank1 or o!r bank+ in/itution           
incorporat$ "u ! laws ( any ,/ate4  7#c7
 ,/ate depository in/itution ,! t]m     
,/ate depository in/itution means-- 7,a7
 a ,/ate bank or a ,/ate sav+s          
association2 &  7,b7 a ,/ate cr$it      
union1 z def9$ 9 section #aja ( ! ,f$]al

 ,cr$it ,union ,act 7#ab ,u4,s4,c4      
#ageb74  7#d7 ,/ate sav+s association ,!
 t]m ,/ate sav+s association means--    
7,a7 any build+ & loan association1     
sav+s & loan association1 or home/ead   
association incorporat$ "u ! laws ( any 
,/ate2 &  7,b7 any coop]ative bank      
incorporat$ "u ! laws ( any ,/ate t is n
 a ,/ate bank4