2025 Regular SessionWest Virginia Legislature

SB446: Establishing branch banks and Federal Deposit Insurance Corporation requirements

Legislative Summary

The purpose of this bill is to preclude the establishment of a branch bank or the acquisition or merger of a bank or a credit union by a bank or credit union unless they are insured by the Federal Deposit Insurance Corporation.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

2/13/2025
Filed for introduction
Senate
2/13/2025
To Banking and Insurance
Senate
2/13/2025
Introduced in Senate
Senate
2/13/2025
To Banking and Insurance
Senate

Status Information

Current Status
Introduced(2/13/2025)
Chamber
Senate
Committee
Banking and Insurance(Senate)

Sponsors

Republican: 2

Primary Sponsor

Eric Tarr
Eric Tarr
Republican

Documents

Introduced
Bill Text1/1/197032.3 KB