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�౦��Ϸ���� (�౦��Ϸ����), the Federal Reserve Board and the Office of the Comptroller of the Currency have issued the 2002 host state loan-to-deposit ratios the agencies will use to determine compliance with Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. 

Section 109 prohibits any bank from establishing or acquiring a branch outside of its home state primarily for the purpose of deposit production. Section 106 of the Gramm-Leach-Bliley Act of 1999 amended Section 109 to include any branch of a bank controlled by an out-of-state bank holding company. One test of compliance with the law involves a comparison of the bank's statewide loan-to-deposit ratio to the host state's loan-to-deposit ratio. 

Attached is the press release issued jointly by the three agencies on June 24, 2002, along with the host state loan-to-deposit ratios. This Financial Institution Letter (FIL) supersedes FIL-56-2001, dated June 28, 2001. 

Please share this information with your compliance officer. 

For more information, please contact Louise Kotoshirodo Kramer, Policy Analyst in the �౦��Ϸ����'s Division of Compliance and Consumer Affairs, on (202) 942-3599. 

Attachment:

Distribution: �౦��Ϸ����-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of �౦��Ϸ���� financial institution letters may be obtained through the �౦��Ϸ����'s Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).