[20190719]IN11146_BB&T和SunTrust：合并审批流程和趋势.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i BB&T and SunTrust: Merger Approval Process and Trends Marc Labonte Specialist in Macroeconomic Policy David W. Perkins Analyst in Macroeconomic Policy July 19, 2019 BB&T and SunTrust have proposed a merger that could form the eighth-largest bank holding company (BHC) by assets in the United States (see CRS Insight IN11062, BB&T and SunTrust: The Latest Proposed Merger in a Long-Term Trend of Banking Industry Consolidation). This has focused congressional attention on bank mergers. This Insight examines the bank merger regulatory approval process. Merger Approval Process BB&T and Suntrust are both BHCs with state-chartered subsidiary banks. The Suntrust bank is not a member of the Federal Reserve System. As such, the merger must be approved by the Federal Reserve (the Fed; primary federal regulator of BHCs and state member banks) under the Bank Holding Company Act and the Federal Deposit Insurance Corporation (FDIC; primary regulator of state nonmember banks) under the Bank Merger Act. Pursuant to these acts, mergers must meet several statutory conditions to be approved. While the statutory language of the