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OMB No. 1550-0059 Expiration Date: 11/30/2011 Docket Number: OFFICE OF THRIFT SUPERVISION NOTICE OR APPLICATION FOR CAPITAL DISTRIBUTION PAPERWORK REDUCTION ACT STATEMENT The Office of Thrift Supervision
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Fill out the application form accurately and truthfully, providing all the necessary information as requested.
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Who needs office of thrift supervision:

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Individuals or businesses planning to operate as thrift institutions, such as savings and loan associations, credit unions, or savings banks, need the office of thrift supervision.
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Financial institutions that offer a wide variety of financial services, including mortgage lending, consumer finance, and community development, may also require the oversight and regulations provided by the office of thrift supervision.
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The office of thrift supervision ensures the safety and soundness of the thrift industry and promotes consumer protection in these financial institutions, making it essential for those operating within this sector to have the necessary supervision and compliance measures in place.
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The Office of Thrift Supervision (OTS) was a regulatory agency of the United States Department of the Treasury that oversaw the operation, regulation, and examination of thrift institutions, including savings banks and savings and loan associations.
Thrift institutions, such as savings banks and savings and loan associations, are required to file the Office of Thrift Supervision (OTS) reports.
Thrift institutions need to fill out the designated Office of Thrift Supervision (OTS) forms and reports, providing the required information and submitting them according to the specified instructions.
The office of thrift supervision had the purpose of ensuring the safety and soundness of the thrift industry by regulating and supervising thrift institutions.
Thrift institutions are required to report financial information, operational data, and other relevant information as instructed on the Office of Thrift Supervision (OTS) forms and reports.
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