No Objection To Significant Deviation Letter Template printable pdf download

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.

This no 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

no 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 approval 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.

If you have any questions, contact (insert appropriate title) (insert name of ADC, assigned

portfolio manager, or EIC) of the (insert appropriate supervisory office) at (insert phone

number).

No Objection To Significant Deviation Letter Template