Legal Interpretations
Bank Holding Companies/Savings and Loan Holding Companies/Change in Control - 2012 Letters
December 7, 2012 (PDF)
Letter to Joseph J. Samarias, Esq., regarding whether the purchase of preferred shares that were issued by banking organizations to the Department of Treasury as part of the Troubled Asset Relief Program's Capital Purchase Program would require the prior approval of the Board under the Bank Holding Company Act, the Home Owners' Loan Act, or the Change in Bank Control Act in certain situations.
December 5, 2012 (PDF)
Letter to Daryl Bible granting temporary relief from and other modifications related to the Board’s FR Y-14Q and FR Y-14M reports to BB&T Corporation, Winston Salem, North Carolina.
November 6, 2012 (PDF)
Letter to Richard K. Kim, Esq., granting relief from commitment for Castle Creek Advisors LLC and related entities ("Castle Creek") to permit Castle Creek to have one representative serve on the board of directors of each of Atlanta Bancorporation, Inc., Atlanta, Georgia; Guaranty Bancorp, Denver, Colorado; and the BANKshares, Inc., Winter Park, Florida.
October 31, 2012 (PDF)
Letter to Michael H. Devlin II approving the application by Curragh Capital Partners II L.P., New York, New York, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Robert M. Devlin approving the application by the Robert M. Devlin Investment Trust, New York, New York, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Catherine L. Heron approving the application by The Capital Group Companies, Inc., Los Angeles, California, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Christopher N. Lewis approving the application by The Jones Financial Companies L.L.L.P., St. Louis, Missouri, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Lawrence Martinez approving approving the application by Davidson Companies, The Abigail Davidson 1997 Trust, Andrew Davidson 1999 Trust, Nicholas Descamps 1995 Trust, Ian T. Descamps 1997 Trust, Lucas Maxwell 1994 Trust, Alex Maxwell 1992 Trust, Zachary Maxwell 1999 Trust, Ryan Maxwell 1991 Trust, Casey Maxwell 1991 Trust, Davidson Companies Employee Stock Ownership Olan, Ian B. Davidson Revocable Trust, and Davidson Legacy LLC, all of Great Falls, Montana, to deregister as savings and loan holding companies.
October 31, 2012 (PDF)
Letter to Carlos R. Mello approving the application by Prudential Financial Inc. and Prudential IBH Holdco, Inc., both of Newark, New Jersey, to deregister as savings and loan holding companies.
October 31, 2012 (PDF)
Letter to Douglas A. Nunn approving the application by TCV Financial Corp., Richmond, Virginia, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to David L. Roberts approving the application by National Advisors Holdings, Inc., Overland Park, Kansas, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Peter D. Stahl approving the application by FMR LLC and Fidelity Thrift Holding Company, Inc., both of Boston, Massachusetts, to deregister as savings and loan holding companies.
October 31, 2012 (PDF)
Letter to William E. Stern approving the application by Massachusetts Mutual Life Insurance Company, Springfield, Massachusetts, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Marcia E. Williams approving the application by Independence Holding Corporation, Franklin, Tennessee, to deregister as a savings and loan holding company.
October 31, 2012 (PDF)
Letter to Philip Zimmerman approving the application by Everence Holdings, Inc. and Everence Association, Inc., both of Goshen, Indiana, to deregister as savings and loan holding companies.
September 27, 2012 (PDF)
Letter to James Donnellan granting temporary relief from the Board’s FR Y-14M report to MetLife, Inc., New York, New York.
September 26, 2012 (PDF)
Letter to Raymond J. Manista approving the application by the Northwestern Mutual Life Insurance Company, Milwaukee, Wisconsin, to deregister as a savings and loan holding company.
August 3, 2012 (PDF)
Letter to Andrew R. Gladin, Esq., granting a request by Warburg Pincus Private Equity X, L.P., New York, New York, and related entities to amend commitments made to the Board in connection with the acquisition of voting shares in Webster Financial Corporation, the parent company of Webster Bank, National Association, both of Waterbury, Connecticut.
June 14, 2012 (PDF)
Letter to James Donnellan granting temporary relief from the Board’s FR Y-14M report to MetLife, Inc., New York, New York.
May 24, 2012 (PDF)
Letter to Eric F. Grossman approving the notice filed by Morgan Stanley, New York, New York, to acquire additional shares of Morgan Stanley Smith Barney Holdings LLC from Citigroup Inc., New York.
May 4, 2012 (PDF)
Letters to certain savings and loan holding companies granting partial relief from and other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies.
April 24, 2012 (PDF)
Letter to Jeffrey T. Brown granting in part temporary relief from and denying in part other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies to H&R Block, Inc., Kansas City, Missouri.
April 24, 2012 (2 MB PDF)
Letter to James A. Israel granting in part temporary relief from and denying in part other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies to Deere & Company, Moline, Illinois.
April 24, 2012 (PDF)
Letter to Philip R. Zimmerman granting temporary relief from and other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies to Everence Association, Inc., and Everence Holdings, Inc., both of Goshen, Indiana.
March 30, 2012 (PDF)
Letter to David Nason granting temporary relief from and other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies to General Electric Company, Fairfield, Connecticut.
March 21, 2012 (PDF)
Letter to Michael T. Escue, Esq., advising that The Goldman Sachs Group, Inc., New York, New York, would not be deemed to control Moneygram International, Minneapolis, Minnesota, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
March 15, 2012 (PDF)
Letters to certain savings and loan holding companies granting temporary relief from and other modifications related to the Board's regulatory reporting requirements for savings and loan holding companies.
February 14, 2012 (3.63 MB PDF)
Letter to Mark Menting, Esq., advising that ING Groep N.V., Amsterdam, The Netherlands, would not be deemed to control Capital One Financial Corporation, McLean, Virginia, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.