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Monday, April 10, 2017

OCC Revises Licensing Manual on National Bank Director Waivers

The OCC has issued a new "National Bank Director Waivers" booklet as part of the Comptroller's Licensing Manual. The revised booklet updates guidance last issued in 2008 on when waivers of citizenship and residency requirements are required for individual board members. The updated booklet applies only to national banks, not thrifts.

Download the booklet.

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