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FDIC RIN: 3064-AE24 Publication ID: Spring 2015 
Title: Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations 
Abstract:

The FDIC is proposing to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (Notices). The amendments are intended to accomplish several objectives. First, the rule would consolidate into one subpart the current requirements and procedures for Notices filed with respect to State nonmember banks and certain parent companies thereof, and the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof. Second, the rule would rescind the FDIC’s separate regulation governing the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof and would rescind any guidance issued by the Office of Thrift Supervision relating to changes in control of State savings associations that is inconsistent with the rule. Third, the rule would adopt the best practices of the related regulations of the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. Finally, the rule would clarify the FDIC’s requirements and procedures based on its experience interpreting and implementing the existing regulation. This rule is also part of the FDIC’s continuing review of its regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

 

 

 

 

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 303    12 CFR 391   
Legal Authority: 12 U.S.C. 378    12 U.S.C. 1464    12 U.S.C. 1813    12 U.S.C. 1815    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/25/2014  79 FR 70121   
NPRM Comment Period End  01/26/2015 
Final Rule  06/00/2015 
Additional Information: Email: Comments@fdic.gov. Include RIN # 3064-AE24 on the subject line of the message.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.fdic.gov/regulations/laws/federal   Public Comment URL: www.fdic.gov/regulations/laws/federal  
RIN Data Printed in the FR: No 
Agency Contact:
Ann Johnson Taylor
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3573
Email: ajohnsontaylor@fdic.gov

Gregory S. Feder
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW, MB-3052,
Washington, DC 20429
Phone:202 898-8724
Email: gfeder@fdic.gov

Rachel J. Ackmann
Senior Attorney
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6858
Email: rackmann@fdic.gov