Interpretations and Actions: May 2020

Vol. 33, No. 5

Conditional Approvals

Letter No.	Topic
1238 (PDF)	Amendment to condition previously imposed in the conditional approval, dated January 29, 2020, for the application to mergeRoselle Bank, Roselle, New Jersey, with and into Columbia Bank, Fair Lawn, New Jersey, under the charter and title of the latter (Control Number: 2019-NE-Combination-312238), 03/31/2020
1239 (PDF)	Notice of Change in Bank Control filed by Dario Fidel Alejandro Egas Grijalva and Fidel Esteban Egas Sosa to acquire control of Intercredit Bank, National Association, Miami, Florida (Control Number: 2019-SO-CBCA-310185), 04/03/2020
1240 (PDF)	Applications for a substantial asset change and a merger with and into a nonbank affiliate, Unity Bank, Augusta, Wisconsin, a state-chartered, non-member bank, submitted by First Citizens Bank of Polson, NA, Polson, Montana (Control Numbers: 2020-HQ-5.53-313605 & 2020-HQ-215a-3-313606), 03/31/2020
1241 (PDF)	Rebuttal of control of SEI Private Trust Company, Oaks, Pennsylvania, filed by The Vanguard Group, Inc., Malvern, Pennsylvania (Control Number: 2020-NE-CBCA-314078), 04/13/2020
1242 (PDF)	Request by Zions Bancorporation, N.A., Salt Lake City, Utah, to extend the deadline to divest a nonconforming asset (Control Number: 2020-WE Licensing Other 314107), 04/29/2020

Community Reinvestment Act (CRA) Performance Evaluations

See OCC News Release 2020-58 announcing all CRA performance evaluations that became public from April 1, 2020 through April 30, 2020. 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 2020-67 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.