Office of Thrift Supervision

Adjustable Rate Mortgage Index

Application to use an Alternative ARM Index
Notice to establish or adjust an ARM Index

$ 2,500
$ 300

Agency Office

$ 900

If an application contains a request to establish more than one agency office, include $100 for each additional agency office

Approval of Director and Officer

$ 500

FBI background check per individual

$ 23

Branch

Standard
Expedited

$1,900
$ 500

Change of Location

Standard
Expedited

$ 500
$ 0

If an application contains a request to establish more than one branch office or more than one standard change of location, include $100 for each additional branch office.

Bylaw Amendments

Applications under 12 C.F.R. §§ 544.5(c)(1) and 552.5(b)(1)
Notices under 12 C.F.R. §§ 544.5(c) and 552.5(b)
Preapproved under 12 C.F.R. §§ 544.5(c)(1)(iii), 544.5(c)(3),
552.5(b)(1)(iii) and 552.5(b)(3)

$ 1,400
$ 0

$ 0

Capital

Dividend Application (12 C.F.R. § 563.143(a))
Dividend Notice
Release of Dividend Agreement
Release of Capital Maintenance Agreement
Repurchase of Stock (12 C.F.R. § 563b.515)
Sub Debt/Mandatorily Redeemable Preferred Stock in Capital (12 C.F.R. § 563.81)

Standard
Expedited

$ 750

$ 0

$ 1,000

$ 1,000

$ 2,500

$ 5,300

$ 1,700

Change in Business Plan

Application to engage in full-service operations (from limited purpose or wholesale)
Changes in a business plan submitted in response to a condition of approval that involves expansion into new product lines or significant operational changes

$10,400


$ 4,000

Change of Control

$ 12,400

Additional increases in ownership by approved control parties

No additional fee is required for related interim and merger Applications, (if applicable). The applicant must also include $23 per individual for each FBI background check required.

Charter Amendments

Applications (12 C.F.R. §§ 544.2(a)(2)(i) and 552.4(a)(2)(i))
Notices (12 C.F.R. §§ 544.2(a)(2)(ii) and 552.4(a)(2)(ii))
Preapproved (12 C.F.R. §§ 544.2(b) and 552.4(b))

$ 1,400
$ 0
$ 0

Charter Certificate

$100

This fee is for associations that request a new or replacement charter certificate. A charter certificate is optional.

Charter Conversions

Conversion of OTS-regulated State-Chartered Savings Assoc. to OTS-regulated Federal Savings Association

Conversion of a National Bank, Commercial Bank, Credit Union or non OTS-regulated State Bank to Federal Savings Association

(If an OTS Holding Company application is involved, then only holding company fees apply).

$100

$ 5,000

Combinations and Transfers

Bank Merger Act Transactions (Under OTS)
Combinations Involving Thrifts
Combinations with Bank (Thrift Survives)
Branch Purchase From Thrift
Branch Purchase From Bank

(Per OTS-regulated institution) (If an OTS Holding Company application is involved then only holding company fees apply).

Non-Bank Merger Act Transactions (Under OTS)

Conversion to National or State Bank
Applications
Notifications

Combinations with Bank (Bank Survives)
Notifications

Transfer of Assets or Liabilities (12 C.F.R. § 563.22(c))
Applications
Notices

(Fees for all combination and transfer applications are per OTS-regulated institution.)

$ 4,000
$ 8,000
$ 4,000
$ 4,000







$ 5,200
$ 1,200


$ 2,000


$ 4,000
$ 2,000

Conversions (Mutual to Stock)

$10,000

$12,000

$18,000

Holding Company

Form H-(e)1
Form H-(e)1 where holding company’s investment in thrift represents less than 50% of total assets
Form H-(e)2
Form H-(e)3
Form H-(e)4
Form H-(e)1-S

No additional fee is required for related interim and merger applications (if applicable). The applicant must also include $23 per individual for each FBI background check required. If an H-(e)1-S becomes an H-(e)1, the applicant must pay an additional $12,400.

Holding Company applications in connection with Charter Conversions or Combinations with banks

(Fees for holding company applications include certain fees for all related filings. Fees for holding company applications filed in connection with Permission to Organize applications are outlined in the Permission to Organize section.)

Acquisition of a non-controlling interest in a savings association or savings and loan holding company (12 U.S.C. § 1467a(e)(1)(A)(iii))

HOLA 10(l) Elections
Existing savings and loan holding company
Non-savings and loan holding company

Non-savings and loan and non-bank holding companies seeking to acquire a depository institution and request a HOLA 10(1) election must also file a holding company application and include the additional holding company application fee.

$14,400

$20,000
$14,400
$14,400
$ 1,000
$ 2,000








$ 7,200







$ 4,000



$ 2,000
$ 5,000

Loans to One Borrower

Standard
Expedited

Lending Limits Pilot Program (12 U.S.C. §§ 84 and 1464(u))

Management Interlock

$ 2,600

Mutual Holding Company Reorganization (12 U.S.C. 1467a(o))

Form MHC-1

Form MHC-2 (Initial Public or Private Offering)
Form MHC-2 (Secondary Public or Private Offering)
Waiver of Dividends to MHC
Multi-tier Reorganization

$ 8,000

$ 6,400

$ 6,400

$ 300

$ 2,000

Operating Subsidiary

Standard Application
Expedited Notice

$ 5,000
$ 1,000

Permissible Bank Holding Company Activities of Savings and Loan Holding Companies

$ 500

(12 C.F.R. § 584.2-2) (Includes new activity notices filed
pursuant to 12 C.F.R. § 575.11(a).)

Permission to Organize

$ 20,000

Applicants seeking to form a holding company must also file a holding company application and pay an additional filing fee based on the holding company’s investment in the thrift, in accordance with the following schedule:

The investment in thrift represents less than 50% of total assets
The investment is greater than 50%, but is not a shell holding company
Shell holding companies

$14,400

$ 5,000
$ 0

Prescribed Services and Activities of Savings and Loan Holding Companies

$ 500

(12 C.F.R. § 584.2-1)
(Includes new activity notices filed pursuant to 12 C.F.R. § 575.11(a).)

$12,400

$ 5,600

$ 5,600

$ 4,000

Request to be acquired within 3 years of conversion to stock 12 C.F.R. § 563b.525 filing for acquisition of more than 10 percent of any class of equity security of a savings association within three years following a conversion to stock under 12 C.F.R. Part 563b

$ 6,000

Securities Offerings - Part 563g

The fee is the same amount as if the registrant’s securities were being registered with the Securities and Exchange Commission under the Securities Act of 1933. See Section 6(b) of the Securities Act of 1933 and the most recent Securities and Exchange Commission Fee Rate Advisory.

Form G-12

There is no fee for securities sales reports filed pursuant to 12 C.F.R. § 563g.12 for offerings under 12 C.F.R. §§ 563g.2 and 563g.4.

Service Corporations

Application to Engage in New Activity (12 C.F.R. § 559.3(e)2))
Notice to Engage in New Activity (12 C.F.R. § 559.3(e)(2))
Increase of Investment Notice (12 C.F.R. § 559.5)

$5,000
$1,000
$300

Trust Powers

Application for initialtrust powers
Establish additional trust powers

$ 4,000
$2,000

Voluntary Dissolution (12 C.F.R. § 546.4)

$ 2,500

Fee not required where all of the assets and all of the liabilities of a thrift are acquired by another bank or thrift.

Securities Exchange Act of 1934 Filings

For any other securities filings not listed, the Office of Thrift Supervision (OTS) generally will charge the same fee as the Securities and Exchange Commission (SEC).

Proxy Statement

Proxy Statement/Contest

Merger Proxy Statement

Form 3

Form 4

Form 5

Form 8-A

Form 8-B

Form 8-K

Form 10

Form 10-SB

Form 10-C

Form 10-K

Form 10-KSB

Form 10-Q

Form 10-QSB

Form 11-K

Form 12b-25

Form 15

Schedule 13D

Schedule 13G

Schedule 13E-3

Schedule 13E-4

Schedule 14D-1

Schedule 14D-9

Submission to exclude a shareholder proposal under Rule 14a-8


FOOTNOTES

1. For definitive proxy material relating to a solicitation for which the savings association does not file preliminary proxy material, a fee of $125 is charged. See Rule 14a-6(i) under the Securities Exchange Act of 1934 (Exchange Act).
2. For preliminary proxy material that solicits proxies for business for which a stockholder vote is necessary, but apparently no controversy is involved, a fee of $125 is charged. See Rule 14a-6(i) under the Exchange Act.
(B) For preliminary proxy material involving a proxy contest, each party to the controversy must pay a fee of $4,100.
(C) For preliminary proxy material involving acquisitions, mergers, consolidations and reorganizations, a fee equal to the current fee charged by the SEC based on the proposed cash payment or of the value of the securities and other property to be transferred to securities holders in the transaction is charged. See Rule 14a-6(i) and Rule 0-11 under the Exchange Act. If the transaction involves the filing of a registration statement with the SEC for the registration under the Securities Act of 1933 of securities to be issued by a holding company in the transaction, the fee for the preliminary proxy material filed with the OTS is $1,000. If the preliminary proxy material involves a simple holding company reorganization that is exempt from registration pursuant to Section 3(a)(12) of the Exchange Act, the fee for the preliminary proxy material filed with the OTS is $1,000.
(D) A fee equal to the current fee charged by the SEC based on the value of the securities proposed to be acquired by the acquiring person is charged. See Rule 13a-1(b) and Rule 0-11 under the Exchange Act.
(E) A fee equal to the current fee charged by the SEC based on the aggregate case or the value of the securities or other property offered by the bidder is charged. See Rule 0-11 under the Exchange Act.

(A)
(B)
(C)
no fee
no fee
no fee
no fee
no fee
no fee
$250
$250
no fee
$250
$250
no fee
no fee
no fee
no fee
no fee
no fee
no fee
(D)
(D)
(E)
no fee
$250

Fee Waiver Policy

As set forth in 12 C.F.R. § 502.60, under unusual circumstances the Director, or the Director’s designee, may adjust, add, waive, or eliminate a fee. Such adjustments and waivers are not common. Circumstances in which the agency has waived fees include:

(i) The savings association seeks an exception from a recent change in a regulation that in and of itself, rather than any new action by the savings association, caused an association in compliance with the former regulation to become out of compliance. Such fees will generally only be waived if the savings association files the request for regulatory exception within 90 days of the regulatory change.

(ii) Change in control notices or holding company applications involving non-material increases in share ownership by acquirers that have previously received approval or non-objection under 12 C.F.R. Part 574 or other acquirers whose acquisitions would be aggregated with approved parties due to a presumption of concerted action.

(iii) Situations where, due to the applicant’s size or financial condition, a fee is not economically feasible or justifiable.

(iv) The agency’s actual processing time and costs are minimal because of revised procedures or efficiencies not contemplated when the agency set the fee.

Electronic Funds Transfer

OTS has outsourced its cash collection function to the Bureau of Public Debt’s Administrative Resource Center (ARC). OTS receives checks from customers for examination fees, application filings, conference registrations, security filings, and other purposes. ARC will process all checks received for OTS.

ARC utilizes a Financial Management Service system to convert each check received for the Office of Thrift Supervision into an electronic fund transfer. The notice below provides more details concerning this process.

Authorization to Convert Your Check: If you send us a check to make your payment, your check will be converted into an electronic fund transfer. “Electronic fund transfer'' is the term used to refer to the process in which we electronically instruct your financial institution to transfer funds from your account to our account, rather than processing your check. By sending your completed, signed check to us, you authorize us to copy your check and to use the account information from your check to make an electronic fund transfer from your account for the same amount as the check. If the electronic fund transfer cannot be processed for technical reasons, you authorize us to process your check.

Insufficient Funds: The electronic fund transfer from your account will usually occur within 24 hours, which is faster than a check is normally processed. Therefore, please make sure there are sufficient funds available in your checking account when you send us your check. If the electronic fund transfer cannot be completed because of insufficient funds, we will try to make the transfer up to two times before contacting you.

Transaction Information: The electronic fund transfer from your account will appear on the account statement you receive from your financial institution. However, the transfer may be in a different place on your statement than the place where your checks normally appear. For example, it may appear under “other withdrawals'' or “other transactions.'' You will not receive your original check back from your financial institution. For security reasons, we will destroy your original check, but we will keep a copy of the check for record keeping purposes.  

Your Rights: You should contact your financial institution immediately if you believe that the electronic fund transfer reported on your account statement was not properly authorized or is otherwise incorrect. Consumers have protections under a Federal law called the Electronic Fund Transfer Act for an unauthorized or incorrect electronic fund transfer.