US HB6536

Requires the Federal Reserve, Comptroller of the Currency, and FDIC to jointly conduct a study on methods to improve growth, capital adequacy, and profitability of depository institutions primarily serving rural areas

Directs the agencies to identify federal statutes and regulations that limit these improvement methods or restrict the establishment of new (de novo) banks in rural areas

Mandates a joint report to Congress within 1 year of enactment containing all findings and determinations from the study

Defines "rural" using existing CFPB mortgage regulations (12 CFR 1026.35(b)(2)(iv)(A)) and "depository institution" per the Federal Deposit Insurance Act