Fee Waiver Policy | Electronic Funds Transfer
Note that the assessment schedule on pages 3-10 of Thrift Bulletin 48-21 remains in effect.
Adjustable Rate Mortgage Index |
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Application to use an Alternative ARM Index |
$ 2,500 |
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Agency Office |
$ 900 |
If an application contains a request to establish more than one agency office, include $100 for each additional agency office |
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Approval of Director and Officer |
$ 500 |
FBI background check per individual |
$ 23 |
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Branch |
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Standard |
$1,900 |
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Change of Location |
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Standard |
$ 500 |
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. |
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Bylaw Amendments |
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Applications under 12 C.F.R. §§ 544.5(c)(1) and 552.5(b)(1) |
$ 1,400 |
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Capital |
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Dividend Application (12 C.F.R. § 563.143(a)) Standard |
$ 750 $ 0 $ 1,000 $ 1,000 $ 2,500
$ 1,700 |
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Change in Business Plan |
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Application to engage in full-service operations (from limited purpose or wholesale) |
$10,400 |
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Change of Control |
$ 12,400 |
Additional increases in ownership by approved control parties |
2,000 |
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Charter Amendments |
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Applications (12 C.F.R. §§ 544.2(a)(2)(i) and 552.4(a)(2)(i)) |
$ 1,400 |
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Charter Certificate |
$100 |
This fee is for associations that request a new or replacement charter certificate. A charter certificate is optional. |
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Charter Conversions |
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Conversion of OTS-regulated State-Chartered Savings Assoc. to OTS-regulated Federal Savings Association |
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Combinations and Transfers |
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Bank Merger Act Transactions (Under OTS) |
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Conversions (Mutual to Stock) |
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Standard Conversions (Form AC) With H-(e)1-S (Form AC included) Merger Conversion (Form AC included) If the conversion involves a public offering of the savings association’s stock, the savings association must also pay a fee for the registration of its securities in the same amount as the registration fee currently in effect for the registration of securities with the Securities and Exchange Commission under the Securities Act of 1933. See Rule 45. |
$10,000 $12,000 $18,000 |
Deregistration as a Holding Company (12 C.F.R.§584.1(d)) $0 |
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Divestiture of Control $900 | |
Extension of Time $0 | |
Holding Company |
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Form H-(e)1
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$14,400 |
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Loans to One Borrower |
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Standard Lending Limits Pilot Program (12 U.S.C. §§ 84 and 1464(u)) |
$ 2,500 $800 $800 |
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Management Interlock |
$ 2,600 |
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Modification of Condition of Approval | $ 1,500 |
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Mutual Holding Company Reorganization (12 U.S.C. 1467a(o)) |
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Form MHC-1 Form MHC-2 (Initial Public or Private Offering) |
$ 8,000 $ 6,400 $ 6,400 $ 300 $ 2,000 |
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Operating Subsidiary |
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Standard Application |
$ 5,000 |
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Permissible Bank Holding Company Activities of Savings and Loan Holding Companies |
$ 500 |
(12 C.F.R. § 584.2-2) (Includes new activity notices filed |
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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: |
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Prescribed Services and Activities of Savings and Loan Holding Companies |
$ 500 |
(12 C.F.R. § 584.2-1) |
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Qualified Stock Issuance (12 C.F.R. § 574.8) |
$12,400 |
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Rebuttal of Concerted Action |
$ 5,600 |
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Rebuttal of Control |
$ 5,600 |
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Request for Exception from a Regulation |
$ 4,000 |
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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 |
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Securities Offerings - Part 563g |
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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. |
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Form G-12 |
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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. |
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Service Corporations |
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Application to Engage in New Activity (12 C.F.R. § 559.3(e)2)) |
$5,000 |
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Trust Powers |
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Application for initialtrust powers |
$ 4,000 |
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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. |
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Securities Exchange Act of 1934 Filings |
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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/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 |
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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. |
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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. |
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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. |
If you have any questions, please call Applications Manager at the appropriate OTS Regional Office.
1700 G Street, NW, Washington, DC 20552
Phone (202) 906-6000 | E-mail