Office of the Comptroller of the Currency
Federal Deposit Insurance Corporation
Federal Reserve Board
Office of Thrift Supervision
The four federal banking agencies have adopted three interagency
corporate forms that replace and streamline forms that had
previously been different for each agency.
Under Section 304 of the Riegle Community Development and
Regulatory Improvement Act of 1994, the agencies have
developed forms that promote consistency and uniformity in a
manner that reduces federal regulatory burden on the banking
industry. These are the first uniform corporate forms adopted
and issued by the agencies.
The forms adopted by the agencies are:
- Interagency Notice of Change in Control:
Generally, this notice is used by persons who wish
to acquire control of a depository institution;
- Interagency Notice of Change in Director and
Senior Executive Officer: This notice is used to
notify the appropriate regulatory agency when
required prior to the employment of a new director
or senior executive officer; and,
- Interagency Biographical and Financial Report:
This report is filed in conjunction with the
Interagency Notice of Change in Control and the
Interagency Notice of Change in Director and
Senior Executive Officer. It is also used by
organizers of a new financial institution and for
other related purposes.
The revised forms will be available from each of the federal
banking agencies. On the Internet, they will be available at
http://www.occ.gov and at www.fdic.gov. In
addition, they will be available from the fax-on-demand system at
(202) 906-5660 or (202) 479-0141.
The regulatory agencies are continuing to review other corporate
forms in their efforts to achieve uniformity and to simplify or
eliminate duplicative or outmoded policies or procedures which
unnecessarily burden financial institutions.