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Interpretations and Actions: April 2011

Vol. 24, No. 4

Interpretive Letters

Letter No. Topic
1130 (PDF) Letter approving acquisition of mortgage servicing rights from an affiliate, subject to certain conditions. 03/10/2011
1131 (PDF) Letter concludes that transfer of DPC real estate to the bank's CDC subsidiary, where the CDC may acquire and hold the property pursuant to 12 U.S.C. 24(Eleventh), constitutes a permissible means by which a national bank comply with the requirements in 12 USC 29 to dispose of such real estate. 04/15/2011

Corporate Decisions

Letter No. Topic
2011-04 (PDF) Application of The Pauls Valley National Bank, Pauls Valley, Oklahoma to purchase certain assets of and assume certain liabilities of The First National Bank of Davis, Davis, Oklahoma (Failed) (Control Number 2010 SO 02 0010), 03/11/2011
2011-05 (PDF) Application by Advantage National Bank Group, Elk Grove Village, Illinois, to purchase certain assets and assume certain liabilities of The Bank of Commerce, Wood Dale, Illinois (Failed Entity) (Control Number 2011 CE 02 007), 03/25/2011

Approvals with conditions enforceable under 12 U.S.C. 1818

Letter No. Topic
991 (PDF) Application by Cadence Bank, National Association, Starkville, Mississippi for an increase in permanent capital (Control Number 2011 WO 12 0023), 03/03/2011
992 (PDF) Application by Texas Republic Bank, National Association, Frisco, Texas for a change in permanent capital (Control Number 2011 WO 12 0018), 03/03/2011
993 (PDF) Application by Woodforest Bank, FSB, Refugio, Texas to convert to a national bank with the title of Woodforest Interim National Bank (WINB) and for the merger of WINB with and into Woodforest National Bank, The Woodlands, Texas (Control Numbers 2010 SO 01 0005 & 02 0030), 03/28/2011
994 (PDF) Application to merger Mississippi National Bankers Bank, Ridgeland, Mississippi; First National Bankers Bank, Alabama, Homewood, Alabama; and Arkansas Bankers Bank, Little Rock, Arkansas, with and into First National Bankers Bank, Louisiana, Baton Rouge, Louisiana (Control Number 2010 SO 02 0029), 03/31/2011

Final Enforcement Actions

Enclosed is a copy of the OCC's news release number 2011-52, announcing the availability of enforcement actions. Copies of the final actions are available by writing to the OCC, Communications Division, Mail Stop 2-3, Washington, D.C. 20219. You may also submit your request electronically through the OCC's online FOIA site, or fax your request to (202)-874-5274. When ordering, specify the appropriate enforcement action number.

PLEASE NOTE: Interpretive Letters and No-Objection Letters reflect the views of the Comptroller's legal staff. Corporate Decisions, CRA Decisions and Conditional Approvals are from the office of Licensing Activities. The Community Development Investment Letters are from the office of Community Affairs. The list of CRA Ratings is from the Communications Division. For copies of the CRA evaluations, you may either contact the bank directly, or you may write to the Office of the Comptroller of the Currency (OCC) in any of three ways: by mail to the OCC, Attn: Communications Division, Mail Stop 2-3, Washington, D.C. 20219; by fax to (202) 874-5274; or electronically at the OCC's online FOIA site. You may also write to the OCC for copies of enforcement actions and charters with standard conditions.

Members of the news media are encouraged to cite the letter number when reporting or summarizing documents from this package. This helps us to process single requests based upon your citation in a timelier manner.

The Office of the Comptroller of the Currency publishes INTERPRETATIONS AND ACTIONS monthly. Subscriptions are available at a rate of $200 per year by writing to the Comptroller of the Currency, ATTN: Financial Management, Accounts Receivable, Mail Stop FM-2, Washington, DC 20219. Prepayment is requested. Suggestions, comments or questions may be sent to Jacqueline J. England, Comptroller of the Currency, Communications Division, Mail Stop 2-3, Washington, DC 20219.