# 12 C.F.R. § 263.302 (2026): Determination and notification of failure to meet safety and soundness standard and request for compliance plan

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_302

## Section

- **Citation:** 12 C.F.R. § 263.302 (2026)
- **Heading:** Determination and notification of failure to meet safety and soundness standard and request for compliance plan
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter II: FEDERAL RESERVE SYSTEM / Part 263: RULES OF PRACTICE FOR HEARINGS / Subpart I: Submission and Review of Safety and Soundness Compliance Plans and Issuance of Orders To Correct Safety and Soundness Deficiencies / § 263.302: § 263.302   Determination and notification of failure to meet safety and soundness standard and request for compliance plan.

## Text

(a)
Determination.
The Board may, based upon an examination, inspection, or any other information that becomes available to the Board, determine that a bank has failed to satisfy the safety and soundness standards contained in the Interagency Guidelines Establishing Standards for Safety and Soundness or the Interagency Guidelines Establishing Standards for Safeguarding Customer Information, set forth in appendices D-1 and D-2 to part 208 of this chapter, respectively.
(b)
Request for compliance plan.
If the Board determines that a State member bank has failed a safety and soundness standard pursuant to paragraph (a) of this section, the Board may request, by letter or through a report of examination, the submission of a compliance plan, and the bank shall be deemed to have notice of the request three days after mailing of the letter by the Board or delivery of the report of examination.
[60 FR 35682, July 10, 1995, as amended at 63 FR 55488, Oct. 15, 1998; 66 FR 8637, Feb. 1, 2001]

## Nearby sections

- [12 C.F.R. § 263.300 (2026) § 263.300   Scope.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_300.md)
- [12 C.F.R. § 263.301 (2026) § 263.301   Purpose.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_301.md)
- [12 C.F.R. § 263.302 (2026) § 263.302   Determination and notification of failure to meet safety and soundness standard and request for compliance plan.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_302.md)
- [12 C.F.R. § 263.303 (2026) § 263.303   Filing of safety and soundness compliance plan.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_303.md)
- [12 C.F.R. § 263.304 (2026) § 263.304   Issuance of orders to correct deficiencies and to take or refrain from taking other actions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_304.md)
- [12 C.F.R. § 263.305 (2026) § 263.305   Enforcement of orders.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_305.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P263_S263_302. Check the current official text before relying on it. Not legal advice.