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05/25/19 7:44 AM

#576138 RE: soundincrest #576129

Interesting timing for OCC for July 1st

https://www.occ.treas.gov/news-issuances/news-releases/2019/nr-occ-2019-54.html

Something that stood out :


The Act requires the OCC to issue regulations to allow federal savings associations with total consolidated assets of $20 billion or less as of December 31, 2017,
to elect to operate with national bank powers




FWIW