Bank Holding Company/Change in Control
2008 Letters
- June 19, 2008 (40 KB PDF)
- Letter to John R. Jay granting an exemption from the Board's risk-based capital guidelines for bank holding companies and state member banks (12 CFR parts 208 and 225, App. A) to permit SunTrust Banks, Inc. and SunTrust Bank to include in their tier 1 capital certain unrealized gains on AFS equity securities as a result of certain collateralized forward contracts to be entered into by SunTrust.
- January 8, 2008 (124 KB PDF)
- Letter to a bank, clarifying that it could underwrite debt protection services for its customers and continue to qualify for the "credit card bank exemption" from the definition of bank in section 2(c)(2)(F) of the Bank Holding Company Act of 1956.