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Comments due on OCC bank premises proposal

03/22/2021
Status: 

The OCC has issued and invited comments on a proposed rule to codify permissibility standards for real estate used as national bank or federal savings association premises. The proposed rule would clarify standards for determining when real estate is necessary for the transaction of an institution's business. Comments on the proposal will be accepted for 45 days following its Federal Register publication.

  • OCC press release
  • Publication and comment period update: Scheduled for publication on 2/3/2021, with a comment period ending 3/22/2021.

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