Interpretations and Actions: June 2019

Vol. 32, No. 6

CRA Decisions

Letter No.	Topic
196 (PDF)	Application by Bank of America, National Association, Charlotte, North Carolina, to establish a branch a6 6292 Carolina Commons Drive, Indian land, South Carolina (Control Number: 2019 LB-BranchNew-307572), 05/01/2019

Conditional Approvals

Letter No.	Topic
1216 (PDF)	Application by Stifel Trust Company, National Association, St. Louis, Missouri, for a substantial asset change (Control Number: 2018 NE-5.53-306788), 05/07/2019
1217 (PDF)	Applications filed on behalf of Eureka Homestead, Metairie, Louisiana (Savings Association), to convert to a federally chartered stock savings association and to make a capital distribution, to waive 12 CFR 192.345 and 192.395(b) to the extent the Savings Association has requested, and to approve the Savings Association’s definition of its local community in its Plan of Conversion (Control Number: 2019 SO MutualToStock-307977), 05/13/2019
1218 (PDF)	No objection to the Vanguard Group, Inc., retention or acquisition of ownership of Zions Bancorporation, National Association, Salt Lake City, Utah, voting shares aggregating 10 percent or more but less than 25 percent (Control Number: 2018 HQ-CBCA-306789), 05/23/2019

Community Reinvestment Act (CRA) Performance Evaluations

See OCC News Release 2019-63 announcing all CRA performance evaluations that became public from May 1, 2019 through May 31, 2019. 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 2019-69 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 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 7^th Street, SW, Suite 3E-218, Washington, DC 20219.