The Office of the Comptroller of the Currency ("OCC") published a new "Branches and Relocations" booklet of the Comptroller's Licensing Manual. The new booklet is a revision of the publication issued in October 2009. The revised booklet incorporates updated procedures and requirements to reflect the integration of Office of Thrift Supervision functions into the OCC, as well as revised regulations that became effective on July 1, 2015.
Specifically, the booklet outlines key policies and requirements for banks and federal savings associations seeking approval to establish or relocate a branch or main office. It includes information on exemptions for certain highly rated federal savings associations, and also links to other related booklets and filing samples.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
