A bill to amend the Bank Holding Company Act of 1956 to provide that the Board of Governors of the Federal Reserve System shall not deny any application for the formation of a one-bank holding company because the transaction to form such one-bank holding company involves a bank stock loan which is for a period of not more than twenty-five years, and for other purposes.

Amends the Bank Holding Company Act of 1956 to prohibit the Board of Governors of the Federal Reserve System from denying any application for the formation of a one-bank holding company: (1) where the Comptroller of the Currency or the State banking supervisory authority has approved the transaction, including the proposed management and adequacy of the capital of the bank involved; or (2) because the transaction to form such a one-bank holding company involves a bank stock loan which is for a period of not more than 25 years.