OCC BULLETIN 2017-49
Subject: Subsidiaries and Equity Investments
Date: October 31, 2017
To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; 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 "Subsidiaries and Equity Investments" booklet of the Comptroller’s Licensing Manual. This booklet revises the “Investment in Subsidiaries and Equities” booklet issued in July 2008. This revised booklet updates procedures and requirements to reflect the integration of the functions of the Office of Thrift Supervision into the OCC in 2011 and the issuance of revised regulations (12 CFR 5) that became effective July 1, 2015, addressing subsidiaries and equity investments of both national banks and federal savings associations.
Note for Community Banks
This booklet applies to all national banks and federal savings associations.
Please contact Karen Marcotte, Manager for Licensing Activities, at (202) 649-6260.
Stephen A. Lybarger