TO THE OFFICER IN CHARGE OF SUPERVISION AT EACH FEDERAL RESERVE BANK
Pursuant to Section 261.11(c) of the Board's Rules
Regarding Availability of Information, each Federal Reserve Bank
has authority to release inspection reports and other
confidential supervisory reports to the Federal Home Loan Bank
Board, now the Office of Thrift Supervision (OTS). In keeping
with the Board's policy of sharing supervisory information with
other financial institution regulatory agencies, Reserve Banks,
upon request from the appropriate OTS Regional Office, may
provide a copy of inspection reports and other relevant
supervisory information for any bank holding company which
controls a thrift institution or has applied to acquire a thrift
institution, if the report or information is to be used by the
OTS for a supervisory purpose. Reserve Banks should advise Board
staff of any requests from OTS which they are unable to fulfill,
as well as of any problems encountered in obtaining similar
supervisory information from OTS Regional Offices.
Requests for summary information on District
institutions or for information on institutions over which the
OTS does not have supervisory authority should be referred to
Board staff. Note that we would not ordinarily expect the OTS to
request examination reports of state member banks that are
affiliated with thrifts, and do not anticipate that such reports
will be routinely provided. Inspection reports and other
information released should be clearly marked "CONFIDENTIAL" and
should be forwarded to OTS Regional Offices with a cover letter
similar to the attached sample.
If you have any questions, please call Jim Garner (202-452-2704).
Associate Director
Attachment
__________________________
Dear _______________:
In response to your request of ___________________,
1990, enclosed is a copy of an inspection report of _____________
Corporation, (City), (State). The inspection was conducted by
examiners from this Reserve Bank as of _______________, 19__.
[Other supervisory material concerning ____________________
Corporation prepared by this Reserve Bank is also enclosed.]
This report [and the accompanying supervisory
material] is being made available to you pursuant to the Board's
Rules Regarding Availability of Information, 12 C.F.R. § 261
("Information Rules"). Section 261.11(g) of the Information
Rules requires you to keep this information confidential. In the
event you receive a subpoena or other judicial order concerning
this report [or supervisory material], Section 261.14(a) (1) of
the Information Rules requires that you contact the Board's Legal
Division before taking any other action:
Legal Division 20th and C Streets, N.W. Washington, D.C. 20551 (202) 452-3293
This report [and supervisory material] remains the property of
the Board.
If you have any questions regarding the contents of the
inspection report [or the accompanying supervisory material],
please do not hesitate to contact . . .
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