OCC Issues Bulletin on Application of Guidance to Federal Savings Associations and Rescission of OTS Documents
The Office of the Comptroller of the Currency ("OCC") issued a bulletin making certain OCC guidance applicable to federal savings associations ("FSAs"), as well as reaffirming certain interagency guidance as applicable to FSAs. Additionally, the OCC rescinded several Office of Thrift Supervision ("OTS") documents.
With the issuance of this bulletin, the OCC applied to FSAs certain guidance issued before the OTS integration date, listed in the bulletin in Appendix A. Appendix B lists interagency guidance issued before the OTS integration date that continues to apply to FSAs, and Appendix C lists additional rescinded OTS documents and any guidance that replaces the rescinded documents.