12 C.F.R. § 502.20   How does OTS determine my condition component?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 502—ASSESSMENTS AND FEES
Subpart A—Assessments
Savings Associations—Calculation of Assessments

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§ 502.20   How does OTS determine my condition component?

(a) If you are a savings association, OTS uses the following chart to determine your condition component:

 ------------------------------------------------------------------------                                                 Then your condition       If your composite  rating is:                component is:------------------------------------------------------------------------1 or 2....................................  Zero.3.........................................  50 percent of your size                                             component.4 or 5....................................  100 percent of your size                                             component.------------------------------------------------------------------------

(b) For the purposes of this section, OTS uses the most recent composite rating, as defined in 12 CFR part 516, of which you have been notified in writing before an assessment's due date.

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