Interpretations and Actions: April 2021
Vol. 34, No. 4
Supervisory Condition Letters
|2021-02||BOKF, N.A., Tulsa, Oklahoma – Conditional Approval to use a new internal value-at-risk (VaR) model to calculate general market risk capital requirements for covered positions pursuant to 12 CFR Part 3, subpart F (Market Risk Rule) (12/20/2019)|
|1263||Approval of the application of First Colorado National Bank, Paonia, Colorado, to change the composition of all, or substantially all, its assets by expansion of operations (Control Number: 2020-WE-5.53-318136), 03/29/2021|
Community Reinvestment Act (CRA) Performance Evaluations
See OCC News Release 2021-47 announcing all CRA performance evaluations that became public from March 1, 2021 through March 31, 2021. A search of all public CRA evaluations can be done at http://apps.occ.gov/crasearch/default.aspx.
Final Enforcement Actions
PLEASE NOTE: Interpretive Letters and No-Objection Letters reflect the views of the Office of the Comptroller of the Currency’s (OCC) legal staff. Corporate Decisions, CRA Decisions and Conditional Approvals are from the office of Licensing Activities. The Community Development Investment Letters are from the office of Community Affairs. The Supervisory Conditions Letters are from the Special Supervision Division. The list of CRA Ratings is from the Communications Division.
If you are unable retrieve the CRA evaluations or enforcement actions online, you can submit a request to obtain copies at the OCC’s online FOIA site, https://foia-pal.occ.gov/palMain.aspx. Please provide all identifying information when requesting documents. You may also contact the bank directly for copies of the CRA evaluations.
The OCC publishes INTERPRETATIONS AND ACTIONS monthly. Send suggestions, comments or questions to Jacqueline England, Disclosure Services, Communications Division, OCC, 400 7th Street, SW, Suite 3E-218, Washington, DC 20219.