WASHINGTON — Thrift executives are complaining that a federal proposal to increase holding company oversight would delay acquisitions or other deals and raise their cost.

“It is not so much that it would stop product and service arrangements, but it would slow down the process,” said Curtis L. Hage, chairman, president, and chief executive officer of $723 million-assetHome Federal Savings Bank of Sioux Falls, S.D. “And in a fast-paced world, you need to be able to respond more quickly to business opportunities, to changes in the marketplace, to competitive disadvantages that you might experience, and the regulatory process is one that is relatively insensitive to market forces.”

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.