Relating to bank merger by interstate branching

This bill updates West Virginia laws to clarify the requirements when an out-of-state bank acquires a state-chartered bank within the state. It requires the acquiring bank to provide written confirmation to the state commissioner that it will continue to follow West Virginia laws, maintain deposit insurance, and meet capital requirements as long as it operates a branch in the state. The legislation also sets limits on how many deposits the resulting bank can control in West Virginia and allows the commissioner to waive these limits in specific cases. These changes directly affect banks involved in interstate mergers and the state's financial regulatory oversight.