To: All Member Banks and Others Concerned in the Third Federal Reserve District
Attention: Chief Executive Officer and Chief Compliance Officer
Subject: New Web Page for Applications
An online guide for
U.S. and foreign banking organizations submitting
applications to the Federal Reserve has been added
to the Board of Governors’ public web site.
The new web page, www.federalreserve.gov/generalinfo/applications/afi/, describes the regulatory requirements and processing procedures for applications, notifications, and requests necessary for a broad range of activities, including mergers of banking organizations.
The site describes specific types of applications as well as the statutory factors considered by the Federal Reserve in evaluating applications, including the banking organization’s record of compliance with the Community Reinvestment Act. It provides links to application forms and lists contacts at each Reserve Bank for questions regarding the submission of applications or the submission of public comments on applications.