§ 116.5 - Do the same procedures apply to all applications under this part?

Latest version.

The OCC processes applications under this part using two procedures, expedited treatment and standard treatment. To determine which treatment applies, you may use the following chart:
If . . .Then the OCC will
process your
application under . . .

(a) The applicable regulation does not specifically state that expedited treatment is availableStandard treatment.

(b) [Reserved]

(c) Your composite rating is 3, 4, or 5. The composite rating is the composite numeric rating that the OCC or the other Federal banking regulator assigned to you under the Uniform Financial Institutions Rating System 1 or under a comparable rating system. The composite rating refers to the rating assigned and provided to you, in writing, as a result of the most recent examinationStandard treatment.

(d) Your Community Reinvestment Act (CRA) rating is Needs to Improve or Substantial Noncompliance. The CRA rating is the Community Reinvestment Act performance rating that the OCC or the other Federal banking regulator assigned and provided to you, in writing, as a result of the most recent compliance examination. See, for example, § 195.28 of this chapterStandard treatment.

(e) Your compliance rating is 3, 4, or 5. The compliance rating is the numeric rating that the OCC or the other Federal banking regulator assigned to you under the OCC compliance rating system, or a comparable rating system used by the other Federal banking regulator. The compliance rating refers to the rating assigned and provided to you, in writing, as a result of the most recent compliance examinationStandard treatment.

(f) You fail any one of your capital requirements under 12 CFR part 3 or part 167, as applicableStandard treatment.

(g) The OCC or OTS has notified you that you are an association in troubled conditionStandard treatment.

(h) Neither the OCC nor any other Federal banking regulator has assigned you a composite rating, a CRA rating or a compliance ratingStandard treatment.

(i) You do not meet any of the criteria listed in paragraphs (a) through (h) of this sectionExpedited treatment.

1 A savings association may obtain a copy of its composite rating from the appropriate Federal banking agency.

                    
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