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Old 08-05-2011, 04:21 AM   #329
Antisdill
 
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McFadden Branch Banking Act 1927 (G2)<br />US federal statute which helped national banks to compete with state-chartered banks by allowing them the same power to open branches as the state banks in that area. An aim of the Act was to encourage banks to stay in the FEDERAL RESERVE SYSTEM.

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<strong>Rescheduling a disbursement</strong> – A pre-disbursement change transaction updating the date loan funds should be issued to the school or escrow agent. Within CommonLine 4 files, this transaction is referred to as a disbursement date change and is located within the @1-09 record.
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