Interpretations and Actions: March 2018

Vol. 31, No. 3

Supervisory Condition Letters

Letter No.	Topic
2018-01 (PDF)	South County Bank, N.A., Rancho Santa Margarita, California – Termination of Supervisory Condition Letter 2017-01 02/13/2018

Community Development Investment Letter

Letter No.	Topic
2018-1 (PDF)	*Financing Vehicles for Low- and Moderate-Income Individuals in Need of Reliable Transportation* - A national bank may make an equity investment in a community development financial institution that provides capital for affordable vehicle financing to low- and moderate-income individuals. 01/30/2018

Conditional Approvals

Letter No.	Topic
1192 (PDF)	Notice of Change in Bank Control filed by Viking Global Investors and others to acquire Rockefeller Trust Company, National Association, New York, New York (Control Number: 2017 NE CBCA 300336), 02/13/2018

Community Reinvestment Act (CRA) Performance Evaluations

See OCC News Release 2018-23 announcing all CRA performance evaluations that became public from February 1, 2018 through February 28, 2018. A search of all public CRA evaluations can be done at http://apps.occ.gov/crasearch/default.aspx.

Final Enforcement Actions

See OCC News Release 2018-29 announcing the availability of enforcement actions. All final enforcement actions are searchable at http://apps.occ.gov/EnforcementActions/.

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 Condition 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 7^th Street, SW, Suite 3E-218, Washington, DC 20219.