On October 9, 2014, the Federal Reserve Board issued answers to frequently asked questions (“FAQs”) regarding the competitive review process for bank acquisitions, mergers and other transactions. The FAQs, developed jointly with the US Department of Justice, provide answers to questions raised by banking organizations on filing applications in connection with bank acquisitions and mergers and also covers factors considered by the Federal Reserve Board and the US Department of Justice when conducting competitive analysis for bank applications.

The FAQs are available at:

http://www.federalreserve.gov/bankinforeg/competitive-effects-mergers-acquisitions-faqs.htm.