OCC BULLETIN 2017-30
Subject: Substantial Asset Changes, Including Changes in Charter Purpose
Date: August 23, 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: New Comptroller’s Licensing Manual Booklet
The Office of the Comptroller of the Currency (OCC) issued today the "Substantial Asset Changes, Including Changes in Charter Purpose" booklet of the Comptroller's Licensing Manual. This is a new booklet incorporating procedures and requirements after the Office of Thrift Supervision's integration into the OCC in 2011 and the issuance of revised regulations (under 12 CFR 5) that became effective April 1, 2017. The revised regulations address substantial changes in assets and changes in charter purpose for national banks and federal savings associations (collectively, banks).
Note for Community Banks
This booklet applies to all national banks and federal savings associations.
The "Substantial Asset Changes, Including Changes in Charter Purpose" booklet
Please contact Karen Marcotte, Manager for Licensing Activities, at (202) 649-6260.
Stephen A. Lybarger