Interpretations and Actions: June 2024

Vol. 37, No. 6

Supervisory Condition Letters

Letter No.	Topic
2024-02	Vast Bank, N.A., Tulsa, Oklahoma – Notification of Conditional No Supervisory Objection to Capital and Strategic Plan. (6/10/2024)

Conditional Approval Letters

Letter No.	Topic
1321	Application by Credit Suisse AG to convert its state-licensed branch to a federal branch (Control No. 2023-FBA_ConversionStateToFed-334869, 05/15/2024)
1322	Application of Fifth District Savings Bank, New Orleans, Louisiana, to convert to a federally chartered stock savings bank; to make a capital distribution; to waive 12 CFR 192.345, 192.395, 192.330(a),192.335, and 192.385, to the extent the Savings Bank has requested; and to define its local community in its Plan of Conversion (Control No. 2024-MutualToStock-335886, 05/10/2024)

Community Reinvestment Act (CRA) Performance Evaluations

See OCC News Release 2024-58 announcing the CRA performance evaluations that became public from May 1, 2024, through May 31, 2024. 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 2024-63 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.