Background Investigations: Revised Comptroller’s Licensing Manual Booklet
November 13, 2017 / Source: OCC
OCC BULLETIN 2017-52
Subject: Background Investigations
Date: November 9, 2017
To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel, and Other Interested Parties
Description: Revised Comptroller’s Licensing Manual Booklet
The Office of the Comptroller of the Currency (OCC) issued today the “Background Investigations” booklet of the Comptroller’s Licensing Manual, which revises the booklet of the same title issued in April 2009. The revised booklet incorporates updated procedures and requirements following the integration of the functions of the Office of Thrift Supervision into the OCC in 2011, and the issuance of revised regulations (12 CFR 5.51), which became effective July 1, 2015.
Note for Community Banks
This booklet applies to all national banks, federal savings associations, and federal branches and agencies of foreign banks.
The OCC’s “Background Investigations” booklet
- outlines requirements to notify the OCC when a national bank or federal savings association, or a federal branch or agency of a foreign bank, changes its directors or senior executive officers.
- outlines documents required by the OCC to review the background of proposed bank directors and executive officers.
- describes prerequisites for exceptions and waiving submission of required documents.
Please contact the Licensing Activities Manager at (202) 649-6260.
Stephen A. Lybarger
Deputy Comptroller for Licensing
- Comptroller’s Licensing Manual, “Background Investigations” (PDF)