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National Historic Preservation Act of 1966 -- Revisions to the FDIC Statement of Policy Regarding the National Historic Preservation Act

August 1, 2006

Summary:

The FDIC has revised its Statement of Policy Regarding the National Historic Preservation Act of 1966 (SOP). The revised SOP is attached. The purpose of the SOP is to inform affected parties of the FDIC's practices in applying the requirements of the National Historic Preservation Act (NHPA) and its implementing regulations. The revisions reflect statutory changes to the NHPA and its implementing regulations. The SOP is relevant to applications for deposit insurance for de novo institutions, applications for establishment of domestic branches, and applications for the relocation of domestic branches or main offices. 

Highlights:

  • The SOP updates and clarifies the NHPA requirements relevant to applicants and the FDIC.
  • The SOP serves as the requisite authorization for applicants to initiate the consultation process with the State or Tribal Historic Preservation Officer (SHPO/THPO).
  • The SOP incorporates the role of the THPO in the review process to take into account the responsibilities of the federal agencies pursuant to a number of statutes relating to Indian Tribes and Native Hawaiian organizations.
  • The SOP continues to provide for public involvement in the FDIC's NHPA compliance activities through the comment periods provided for relevant applications.
  • The SOP imposes no additional regulatory burden on financial institutions.

Distribution:

 FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing: 

Chief Executive Officer 
Compliance Officer

Note:

 FDIC FILs may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2006/index.html. 

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html. 

Paper copies of FILs may be obtained through the FDIC's Public Information Center, 3501 North Fairfax Drive, Room E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200). 

FIL-70-2006
Attachment(s)
National Historic Preservation Act of 1966, as amended through 2000
Revised Statement of Policy
Contact(s)
Susan van den Toorn, (202) 898-8707

Last Updated: August 1, 2006