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NOTICE OF ASSUMPTION OF DEPOSITS APPLICATION
Notice is hereby given that an Application will be made with the Office of Comptroller of the Currency (OCC) on December 30, 2014, for approval of the assumption of certain deposit liabilities of Union Federal Savings Bank, located at 1565 Mineral Spring Avenue, North Providence, Rhode Island 02904 by BofI Federal Bank, located at 4350 La Jolla Village Drive, Suite 140, San Diego, California 92122.
The deposits to be assumed by BofI Federal Bank and transferred from Union Federal Savings Bank include all of Union Federal Savings Bank's non-affiliated deposit accounts.
BofI Federal Bank (www.bofifederalbank.com
) is a nationwide, direct bank operating in all 50 states. BofI Federal Bank expects to maintain and service the transferred deposit accounts following the transfer.
This notice is published pursuant to 12 U.S.C. § 1828 (c) of the Federal Deposit Insurance Act and 12 C.F.R. § 163.22 of the Regulations of the OCC. This notice will appear at approximately one week intervals over a 30 day period beginning December 26, 2014 and ending the week of January 19, 2015.
Anyone may submit written comments in connection with this Application within 30 calendar days of the initial publication date of this notice. Comments should be sent to the District Licensing Office, Office of Comptroller of the Currency, at 1225 17th Street, Suite 300, Denver, Colorado 80202 and to the attention of Eshel Bar-Adon, BofI Federal Bank, at 4350 La Jolla Village Drive, Suite 140, San Diego, California 92122. Written comments in opposition to the Application should address the regulatory basis for such denial and be supported by the information specified in 12 C.F.R. § 116.120(a). You may request a meeting to discuss the Application by including a written statement of such request in your comment to the OCC. Your request should describe the nature of the issues or facts to be discussed and the reasons why written submissions are insufficient to adequately address the facts or issues. The OCC will only grant a meeting request if it determines that written submissions are insufficient to address the facts or issues raised, or that a meeting will be beneficial in its decision making process.
You may view the non-confidential portions of the Application and the non-confidential portions of all comments filed with the OCC by contacting the OCC district office listed above. This information is available for public viewing at the appropriate OCC district office during regular business hours.
If you have any questions concerning these procedures, please contact the OCC district office at (720) 475-7650.
Pub Dec 26, Jan 2, 9, 16, 23 -00126374