OCC BULLETIN 2017-20
Subject: Termination of Federal Charter
Date: June 6, 2017
To: Chief Executive Officers of all National Banks and Federal Savings Associations, Department and Division Heads, All Examining Personnel, and Other Interested Parties
Description: Revised Comptroller’s Licensing Manual Booklet
The Office of the Comptroller of the Currency (OCC) issued today the "Termination of Federal Charter" booklet of the Comptroller's Licensing Manual . This revised booklet replaces the "Termination of National Bank Status" booklet issued in April 1998. The booklet incorporates termination procedures and requirements updated after the Office of Thrift Supervision's integration with the OCC on July 21, 2011, and revised regulations (12 CFR 5) that became effective July 1, 2015, addressing termination of both national banks and federal savings associations (collectively, banks).
Note for Community Banks
This guidance applies to all national banks and federal savings associations.
This revised booklet
Please contact Karen Marcotte, Manager for Licensing Activities, at (202) 649-6260.
Stephen A. Lybarger