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OCC 2012-40
Subject: Notice of Comptroller of the Currency Fees for Year 2013
Date: November 30, 2012 To: Chief Executive Officers of All National Banks, Federal Savings Associations, Federal Branches and Agencies of Foreign Banks, Department and Division Heads, All Examining Personnel, and Other Interested Parties
Description: Calendar Year 2013 Fee StructureThe purpose of this issuance is to inform all national banks, federal savings associations, and federal branches and agencies of foreign banks of fees charged by the Office of the Comptroller of the Currency (OCC) for calendar year 2013. This bulletin is effective January 1, 2013. SEMIANNUAL ASSESSMENT Reference: 12 CFR 8, “Assessment of Fees” 2013 Assessment Schedule Effective date January 1, 2013:
The OCC’s assessment schedule continues to include a surcharge for national banks, federal savings associations, and federal branches and agencies of foreign banks that require increased supervisory resources. The surcharge ensures that fees reflect the increased cost of supervision that applies to those national banks, federal savings associations, and federal branches and agencies of foreign banks rated 3, 4, or 5 under the uniform financial institution rating system; or under the risk management, operational controls, compliance, and asset quality rating system as of the relevant call date (that is, December 31, 2012; or June 30, 2013). The surcharge is to be applied to all components of an institution’s assessment, including book assets, assets under management (for independent trust banks), and receivables attributable (for independent credit card banks). National banks, federal savings associations, and federal branches and agencies of foreign banks subject to the surcharge calculate the surcharge by multiplying the sum of the general assessment (based on the institution’s book assets up to $20 billion) plus the independent trust bank assessment or the independent credit card bank assessment by 50 percent for 3-rated institutions and 100 percent for 4- and 5-rated institutions. The OCC will continue to reduce the assessment of nonlead national banks, federal savings associations, and federal branches and agencies of foreign banks by 12 percent. A nonlead institution, for this purpose, is a national bank, federal savings association, or federal branch or agency of a foreign bank that is not the largest national bank, federal savings association, or federal branch or agency of a foreign bank, based on total assets, controlled by a company owning two or more national banks, federal savings associations, or federal branches or agencies of foreign banks. Nonlead national banks, federal savings associations, and federal branches and agencies of foreign banks within any company should multiply their calculated general assessment by 88 percent to recognize the nonlead discount. The 12 percent discount does not apply to the independent trust bank assessment or the independent credit card bank assessment, given that independent trust banks and independent credit card banks, by definition, are not affiliated with full-service national banks, federal savings associations, or federal branches or agencies of foreign banks. Each national bank, federal savings association, and federal branch and agency of foreign banks pays the general assessment fee. Independent trust banks pay the general assessment fee and the independent trust bank assessment. Independent credit card banks pay the general assessment fee and the independent credit card bank assessment. Assessments will be calculated using the schedules below and then adjusted for the nonlead discount or condition surcharge. General Assessment Fee Schedule
Independent Trust Bank Semiannual Assessment Schedule
Independent Credit Card Bank Semiannual Assessment Schedule
HOURLY RATE FOR EXAMINATIONS AND INVESTIGATIONS Reference: 12 CFR 8.6 Effective date: Examinations and investigations subject to the fee beginning after January 1, 2003. Rate: $110 per hour to recover the cost of conducting special examinations and investigations described in 12 CFR 8.6. Examinations of the fiduciary activities of national banks, federal savings associations, and federal branches and agencies of foreign banks and related entities under 12 CFR 8.6(a)(1) are generally not subject to hourly rates.
LICENSING FEES Reference: 12 CFR 5.5 All licensing fees have been suspended for calendar year 2013. This change was effective January 1, 2008, for calendar year 2008 and will continue to be in effect through calendar year 2013.
PUBLICATIONS The OCC no longer distributes paper-based publications. All publications are available electronically on the OCC’s Web site. The list of available publications is attached. Other items, including news releases, issuances (such as bulletins, advisories, and alerts), and other materials may be downloaded at no charge from the agency’s Web site. For your convenience, the site contains a search engine to locate materials by subject.
MISCELLANEOUS FEES Prepayment is required for bank histories and certifications.
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