Conditional No Objection to Significant Deviation
[OCC LOGO]
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 request and notice, including the representations
and commitments made in the request and by the Bank’s representatives, we have
no objection to your request as submitted. Our no objection is subject to the
following condition(s):
[List condition(s). Any condition(s) listed must be subject to 12 USC 1818.
Number each condition in sequential order.]
(#).
(#).
[If applicable]
(#). All other applicable conditions remain in force as contained in the OCC (insert
“letter” or “agreement”) dated (insert date of any prior approval, no objection, or
agreement with 1818 conditions) unless removed by the OCC.
[After all conditions are listed]