Rule · FDIC · 16 Feb 2021 · 2021-00371
The Federal Deposit Insurance Corporation issued a correcting amendment to 12 CFR section 303.184 that removes paragraphs (a)(2)(iii) and (iv) and redesignates subsequent provisions to eliminate National Historic Preservation Act and National Environmental Policy Act compliance statements for branch establishment and relocation applications. This technical correction streamlines the application process by removing redundant statutory reporting requirements while preserving existing procedural frameworks. The corrected regulation takes effect on February 16, 2021.
This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Rules and Regulations Federal Register 9433 Vol. 86, No. 29 Tuesday, February 16, 2021 FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 303 RIN 3064–AF54 Branch Application Procedures; Correction AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Correcting amendment. SUMMARY: This document contains a correction to the final regulation which was published in the Federal Register of November 13, 2020. The regulation to be corrected related to Branch Application Procedures. DATES: Effective on February 16, 2021. FOR FURTHER INFORMATION CONTACT:
Navid Choudhury, Counsel, Policy Unit, Legal Division, (202) 898–6526, nchoudhury@fdic.gov; Patricia A. Colohan, Associate Director, Risk Management Examination Branch; (202) 898–7283, pcolohan@fdic.gov. SUPPLEMENTARY INFORMATION:
Background
The final regulation that is the subject of this correction amends the FDIC’s application requirements for the establishment and relocation of branches and offices so that such applications no longer require statements regarding the compliance of such proposals with the National Historic Preservation Act of 1966 and the National Environmental Policy Act of 1969. Need for Correction As published, FR Doc. 2020–23529 (85 FR 72551, November 13, 2020) contained an error in the instructions to amend 12 CFR 303.184(a)(2). List of Subjects in 12 CFR Part 303 Administrative practice and procedure, Bank deposit insurance, Banks, banking, Reporting and recordkeeping requirements, Savings associations. For the reasons stated in the preamble, the FDIC makes the following correcting amendment to 12 CFR part 303:
PART 303—FILING PROCEDURES
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