[Full text of the Office of Thrift Supervision's proposed rule will be published in the Federal Register, dated Wednesday, July 12.]

The Office of Thrift Supervision is pursuing a comprehensive regulatory strategy governing mutual institutions, mutual holding company reorganizations and the mutual to stock conversion process. The program involves:

  • Issuing new policy and examination guidance for mutuals;
  • Proposing regulations on mutual holding companies and the conversion process;
  • Issuing an interim final rule on stock repurchases and mutual holding company dividend waivers; and
  • Revising application forms used for mutual holding company reorganizations and the conversion process.

Visit the OTS site for more information...

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