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OCC Proposes Tweaks to Requirements for Permissible Bank Premises

January 04, 2021 at 08:14PM

The OCC today proposed changes to its current rules on national bank or federal savings association ownership of real property. The proposal will provide a set of general standards—including an occupancy test and excess capacity standards—that the OCC will use for determining whether the acquisition and holding of real estate Is necessary for the transaction of an institution’s business.

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