Healthy thrifts that do not belong to holding companies would no longer have to notify the Office of Thrift Supervision before paying cash dividends under a proposal issued by the agency on Wednesday.

The plan also would cover other capital distributions, including loans to affiliates to finance stock or debt redemptions, as well as corporate restructuring payments.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.