12 C.F.R. Subpart B—Publication Requirements


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 516—APPLICATION PROCESSING PROCEDURES

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Subpart B—Publication Requirements

Source:  62 FR 64143, Dec. 4, 1997, unless otherwise noted.

§ 516.50   Who must publish a public notice of an application?

This subpart applies whenever an OTS regulation requires an applicant (“you”) to follow the public notice procedures in this subpart.

§ 516.55   What information must I include in my public notice?

Your public notice must include the following:

(a) Your name and address.

(b) The type of application.

(c) The name of the depository institution(s) that is the subject matter of the application.

(d) A statement indicating that the public may submit comments to the appropriate OTS office(s).

(e) The address of the appropriate OTS offices where the public may submit comments.

(f) The date that the comment period closes.

(g) A statement indicating that the nonconfidential portions of the application are on file in the Regional Office, and are available for public inspection during regular business hours.

(h) Any other information that OTS requires you to publish. You may find the format for various publication notices in the appendix to OTS application processing handbook.

[66 FR 13002, Mar. 2, 2001]

§ 516.60   When must I publish the public notice?

You must publish a public notice of the application no earlier than seven days before and no later than the date of filing of the application.

§ 516.70   Where must I publish the public notice?

You must publish the notice in a newspaper having a general circulation in the communities indicated in the following chart:

 ------------------------------------------------------------------------                                                You must publish in the              If you file . . .                following communities . .                                                           .------------------------------------------------------------------------(a) An application for permission to          The community in which organize under § 543.2 of this           your home office is chapter, a Bank Merger Act application        located. under 563.22(a) of this chapter, an application to convert to is a federal charter under § 543.8 or § 552.2- 6 of this chapter, or an application for a mutual to stock conversion under part 563b of this chapter . . .(b) An application to establish a branch      The community to be served office under § 545.95 of this chapter    by the branch office. . . .(c) An application for the change of          The community in which the permanent location of a home or branch        existing office is office under § 545.95 of this chapter    located and the community . . .                                         to be served by the new                                               office.(d) A holding company application or a        The community in which the change of control notice under part 574 of    home office of the this chapter . . .                            savings association whose                                               stock is to be acquired                                               is located and, if                                               applicable, the community                                               in which the home office                                               of the acquiror's largest                                               subsidiary savings                                               association is located.------------------------------------------------------------------------

[69 FR 68246, Nov. 24, 2004]

§ 516.80   What language must I use in my publication?

(a) English. You must publish the notice in a newspaper printed in the English language.

(b) Other than English. If the OTS determines that the primary language of a significant number of adult residents of the community is a language other than English, the OTS may require that you simultaneously publish additional notice(s) in the community in the appropriate language(s).

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