H.R.1661: Mutual Bank Capital Opportunity Act of 2015

About This Bill

Bill Summary

Mutual Bank Capital Opportunity Act of 2015 Amends the Federal Deposit Insurance Act to authorize a mutual depository to issue mutual capital certificates that qualify as common equity Tier 1 capital for purposes of capital requirements mandated by federal law or regulation. Defines "mutual capital certificate" as a financial instrument issued by a mutual depository that entitles the holder to a payment of fixed, variable, or participating...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.1661.

Bill Actions

Date Description
March 26, 2015
Referred to the House Committee on Financial Services.
March 26, 2015

Introduced in the House by Keith Rothfus (R-Pa.)

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