‘‘(D) Fees charged to customers for with-
drawals, deposits, transfers between accounts,
balance inquiries through machines owned by
others.
‘‘(E) Fees charged to noncustomers for
withdrawals, deposits, transfers between ac-
counts, balance inquiries through institution-
owned machines.
‘‘(F) Point-of-sale transaction fees.
‘‘(G) Surcharges.
‘‘(4) OTHER
ELECTRONIC
TRANSACTIONS.—
Data on other electronic transactions shall include,
at a minimum, the following:
‘‘(A) Wire transfer fees.
‘‘(B) Fees related to payments made over
the Internet or through other electronic means.
‘‘(5) CREDIT CARD CHARGES AND FEES.—Data
related to credit cards shall include, at a minimum,
the following:
‘‘(A) Application fees.
‘‘(B) Annual and monthly fees.
‘‘(C) Rates of interest charged for pur-
chases and cash advances, when an account is
not in default.
‘‘(D) Rates of interest charged for pur-
chases and cash advances, when an account is
in default.
‘‘(E) Average annual finance charges paid
by customers.
‘‘(F) Late payment fees.
‘‘(G) Cash advance and convenience check
fees.
‘‘(H) Balance transfer fees.
‘‘(I) Over-the-credit-limit fees.
‘‘(J) Foreign currency conversion fees.
‘‘(6) OTHER
FEES
AND
CHARGES.—Data on
any other fees and charges that the Board of Gov-
ernors of the Federal Reserve System determines to
be appropriate to meet the purposes of this section.
‘‘(c) ANNUAL REPORT TO CONGRESS REQUIRED.—
‘‘(1) PREPARATION.—The Board of Governors
of the Federal Reserve System shall prepare a report
of the results of each survey conducted pursuant to
subsections (a) and (b).
‘‘(2) CONTENTS OF THE REPORT.—In addition
to the data required to be collected pursuant to sub-
sections (a) and (b), each report prepared pursuant
to paragraph (1) shall include a description of any
discernible trend, in the Nation as a whole, in each
of the 50 States, and in each metropolitan statistical
area (as defined by the Director of the Office of
Management and Budget), in the cost and avail-
ability of the retail banking services, including those
described in subsections (a) and (b) (including re-
lated fees and minimum balances), that delineates
differences between institutions on the basis of the
type of institution, the size of the institution and
any engagement of the institution in multistate ac-
tivity.
‘‘(3) SUBMISSION TO CONGRESS.—The Board
of Governors of the Federal Reserve System shall
submit an annual report to the Congress not later
than June 1, 2002, and not later than June 1 of
each subsequent year.
‘‘(d) DEFINITIONS.—For purposes of this section, the
term ‘insured depository institution’ has the meaning
given such term in section 3 of the Federal Deposit Insur-
ance Act, and the term ‘insured credit union’ has the
meaning given such term in section 101 of the Federal
Credit Union Act.’’.
(b) REPEAL OF SUNSET PROVISION.—Section 108 of
the Riegle-Neal Interstate Banking and Branching Effi-
ciency Act of 1994 is hereby repealed.
(c) NONAPPLICABILITY
OF OTHER PROVISION
OF
LAW.—Section 3003(a)(1) of the Federal Reports Elimi-
nation and Sunset Act of 1995 (31 U.S.C. 1113 note)
shall not apply to any report required to be submitted
under section 1002(b) of Financial Institutions Reform,
Recovery, and Enforcement Act of 1989.
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