Corporate Applications and Other Requests:
| December 2009 |
Vol. 22, No. 12
|
IN THIS ISSUE:
Interpretive Letters
| Letter No. |
Topic |
| 1124 (PDF 38KB) |
The letter confirms the authority of the bank to purchase and hold auction rate securities for its own account, subject to certain representations and conditions. 11/03/2009 |
Community Development Investment Letters
| Letter No. |
Topic |
| 2009-2 (PDF 20KB) |
Investment in Fund for Construction of Agricultural Facilities - A national bank may make an investment in a Community and Economic Development Entity that funds construction of agricultural product receiving bins, which will increase the tax base and produce jobs in a low- and moderate-income area.
01/06/2009
|
| 2009-3 (PDF 20KB) |
Investment in Fund to Construct Industrial Facility on Indian Reservation - A national bank may make an investment in a Community and Economic Development Entity that constructs an industrial facility that will produce jobs on an Indian Reservation in a low- and moderate-income area. 03/09/2009 |
| 2009-4 (PDF 19KB) |
Investment in Fund to Renovate and Lease a Residential Drug and Alcohol Treatment Center - A national bank may make an investment in a Community and Economic Development Entity, which utilizes New Markets Tax Credits, for the renovation and lease of a residential drug and alcohol treatment center in a low- and moderate-income area. 06/17/2009 |
| 2009-5 (PDF 20KB) |
Investment in Fund for Construction of Rent-to-Own Affordable Rental Housing - A national bank may make an investment in a Community and Economic Development Entity, which will use New Markets Tax Credits, for the construction of a rent-to-own affordable housing complex in a low- and moderate-income area.
06/17/2009
|
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
2009-162, announcing the availability of enforcement actions. Copies of
the final actions are available by writing to the OCC, Communications Division,
Mail Stop 2-3, Washington, D.C. 20219. You may also submit your request
electronically through the OCC's online FOIA site,
https://appsec.occ.gov/publicaccesslink or fax your request to
(202)-874-5274. When ordering, specify the appropriate enforcement action
number.
Community Reinvestment Act (CRA) Performance Evaluations
Enclosed is a list of CRA performance evaluations that became public during the
period of November 15, 2009 through December 14, 2009.
PLEASE NOTE: Interpretive Letters and No-Objection
Letters reflect the views of the Comptroller's 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 list of CRA Ratings is from the
Communications Division. For copies of the CRA evaluations, you may
either contact the bank directly, or you may write to the Office of the
Comptroller of the Currency (OCC) in any of three ways: by mail to the OCC,
Attn: Communications Division, Mail Stop 2-3, Washington, D.C. 20219; by
fax to (202) 874-5274; or electronically at the OCC's online FOIA site,
https://appsec.occ.gov/publicaccesslink. You may also write to the
OCC for copies of enforcement actions and charters with standard conditions.
Members of the news media are encouraged to cite the letter number when
reporting or summarizing documents from this package. This helps us to
process single requests based upon your citation in a timelier manner.
The Office of the Comptroller of the Currency publishes INTERPRETATIONS AND
ACTIONS monthly. Subscriptions are available at a rate of $200 per year
by writing to the Comptroller of the Currency, ATTN: Financial Management,
Accounts Receivable, Mail Stop FM-2, Washington, DC 20219.
Prepayment is requested. Suggestions, comments or questions may be sent
to Jacqueline J. England, Comptroller of the Currency, Communications Division,
Mail Stop 2-3, Washington, DC 20219.
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