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Friday, January 25, 2013

CRA_Hillary"WhatDifferenceDoes it Make"VoteLawlessAmericaUSA_Sharon4MNAG

The Difference Between Life and Death





Has the City St.Paul Breeched Fidicuary Duties without Public Improvements "takings" without Quiet Titles, and Just Compensation causing Heinous Anti-Trust, Death,Disabilitys,Disparagment of Titles. www.taxthemax.blogspot.com mandating RESIGNATIONS  YES. www.sharon4council.blogspot.com
 
Please take legal notice We the People DEMAND RESIGNATIONS MS609.43 St.Paul,MN
Violatios CRA ie: Community Reinvest Act.  YES


Mike ahrndtHendericksen Lantry



 
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Comptroller of the Currency, Administrator of National Banks
OCC 2013-3
Subject: Compliance: Community Reinvestment Act
Date: January 25, 2013
To: Chief Executive Officers and Compliance Officers at All National Banks and Federal Savings Associations, Department and Division Heads, All Examining Personnel, and Other Interested Parties

Description: Small and Intermediate Small Bank and Savings Association Asset Thresholds Regulatory Revision

On December 21, 2012, the Office of the Comptroller of the Currency (OCC) published in the Federal Register revisions to its Community Reinvestment Act (CRA) regulations that became effective January 1, 2013. The revisions adjust the asset-size thresholds used to define “small bank,” “small savings association,” “intermediate small bank,” and “intermediate small savings association” based on the annual percentage change in the consumer price index.
For calendar year 2012, the OCC’s CRA regulations defined a national bank as a “small bank” and a savings association as a “small savings association” if, as of December 31 of either of the prior two calendar years, the institution had assets of less than $1.160 billion. A small bank or small savings association with assets of at least $290 million as of December 31 of both of the prior two calendar years, and less than $1.160 billion as of December 31 of either of the prior two calendar years, was an “intermediate small bank” or “intermediate small savings association” (12 CFR 25.12(u)(1), 195.12(u)(1)). The regulations provide that the OCC will publish annual adjustments to these dollar figures based on the year-to-year change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPIW), not seasonally adjusted, for each 12-month period ending in November, with rounding to the nearest million (12 CFR 25.12(u)(2), 195.12(u)(2)).
During the period ending November 2012, the CPIW increased by 2.23 percent. As a result, the OCC has revised the dollar thresholds detailed in sections 25.12(u)(1) and 195.12(u)(1) to reflect the increased CPIW. Beginning January 1, 2013, a national bank or savings association that, as of December 31 of either of the prior two calendar years, had assets of less than $1.186 billion is a “small bank” or “small savings association.” A small bank or small savings association with assets of at least $296 million as of December 31 of both of the prior two calendar years, and less than $1.186 billion as of December 31 of either of the prior two calendar years, is an “intermediate small bank” or “intermediate small savings association.” For further information about how these revised asset-size thresholds are applied, see the CRA page on the Federal Financial Institutions Examination Council’s Web site at www.ffiec.gov/cra.

For More Information
If you have any questions about the regulatory revisions, or about how to determine whether a national bank or federal savings association is classified as “small” or “intermediate small,” please contact your supervisory office, the Compliance Policy Department at (202) 649-5470, or the Community and Consumer Law Division at (202) 649-6350.

Karen Solomon
Acting Chief Counsel
NR 2013-16
FOR IMMEDIATE RELEASE
January 25, 2013
 
 
Contact: Bill Grassano
(202) 649-6870



OCC Renews Minority Depository Institutions Advisory Committee,
Will Host Inaugural Meeting on March 5

WASHINGTON — The Office of the Comptroller of the Currency today has renewed the charter for the Minority Depository Institutions Advisory Committee (MDIAC) and will host its first meeting Tuesday, March 5, 2013, in Washington, D.C.
The MDIAC will provide advice to the Comptroller of the Currency about minority depository institutions and will assess the current condition of minority depository institutions, regulatory changes that may ensure the health and viability of minority depository institutions, and other issues affecting these institutions.
The committee includes officers and directors of minority depository institutions and other depository institutions with a commitment of supporting minority depository institutions of all types, sizes, operating strategies, and geographic areas. Members include:
  • Larry Briggs, President of First National Bank and Trust Company, Shawnee, Okla.;
  • Jeffrey Cheung, President and Chief Executive Officer (CEO) of Gateway Bank, Federal Savings Bank, Oakland, Calif.;
  • Guillermo Diaz-Rousselot, President of Continental National Bank of Miami, Miami, Fla.;
  • Susan Faulkner, Consumer & Small Business Products Executive of Bank of America, Charlotte, N.C.;
  • John Hou, Chairman and President of Asian Pacific National Bank, San Gabriel, Calif.;
  • Preston Pinkett, III, President and CEO of City National Bank of New Jersey, Newark, N.J.;
  • Joe Quiroga, President of Texas National Bank, Mercedes, Texas;
  • Norman J. Williams, Chairman and CEO of Illinois-Service Federal Savings and Loan Association, Chicago, Ill.
The agenda for the first MDIAC meeting includes a discussion of the status of minority depository institutions and current topics of interest to the industry. The meeting will be held at OCC’s headquarters at 400 7th Street, SW, Washington, D.C. 20219. The meeting is open to the public and will begin at 8:30 a.m. Members of the public may submit written statements to the MDIAC no later than February 21, 2013, by:
  • E-mailing MDIAC@occ.treas.gov; or
  • Mailing statements in triplicate to: Beverly Cole, Designated Federal Official, Office of the Comptroller of the Currency, 400 7th Street, SW, Washington, D.C. 20219.
Members of the public who plan to attend or require assistance should contact the OCC by e-mail at MDIAC@occ.treas.gov or by telephone at (202) 649-5420 by 5:00 p.m. (Eastern) on February 21, 2013, and provide their full name, e-mail address, and organization.
The MDIAC was originally chartered by the Office of Thrift Supervision (OTS), which was integrated into the OCC on July 21, 2011, in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The MDIAC will generally meet two to three times a year to discuss issues of importance to minority depository institutions and provide advice and recommendations to the OCC.
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OCC shieldThe Office of the Comptroller of the Currency (OCC) charters and oversees a nationwide system of national banks and federal savings associations and assures that these banking institutions are safe and sound, competitive, and capable of serving the banking needs of their customers in the best possible manner. OCC press releases and other information are available at http://www.occ.gov. To receive OCC press releases and issuances by e-mail, subscribe at http://www.occ.gov/tools-forms/subscribe/occ-email-list-service.html.

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