Objection to Significant Deviation
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Date
President
Name of Bank
Address
City, State, ZIP Code
Re: Request from (name of bank, city, state) to implement a significant deviation or change
from its business plan or operations
Dear Mr./Ms. (Name):
The Office of the Comptroller of the Currency (OCC) has reviewed (name of bank)’s (Bank)
notice or request to implement a significant deviation or change from the Bank’s business plan or
operations, submitted to comply with the significant deviation condition imposed in connection
with the initial (charter, conversion, merger, or other type of application or notice).
Specifically, the Bank requested to (describe significant deviation or change).
[Optional paragraph: Describe any detail about the significant deviation or change deemed
appropriate.]
[For all letters]
Based upon a review of the Bank’s notice or request, including the representations and
commitments made in the request and by the Bank’s representatives, we object to your
request as submitted.
[Describe reason(s) for objection. Provide sufficient detail to support decision.]
This objection and the activities and communications by OCC employees in connection
with the filing do not constitute a contract, express or implied, or any other obligation
binding upon the OCC, the United States, any agency or entity of the United States, or any
officer or employee of the United States, and do not affect the ability of the OCC to
exercise its supervisory, regulatory and examination authorities under applicable law and
regulations. Our objection is based on the bank’s representations, submissions, and
information available to the OCC as of this date. The OCC may modify, suspend or
rescind this objection if a material change in the information on which the OCC relied
occurs prior to the date of the transaction to which this decision pertains. The foregoing
may not be waived or modified by any employee or agent of the OCC or the United States.