Notice change director 2026

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The document is an Interagency Notice of Change in Director or Senior Executive Officer, required by the Federal Deposit Insurance Act. It outlines the process for depository institutions or their holding companies to notify regulatory agencies about changes in their board of directors or senior executive officers. The notice includes instructions for filing, confidentiality requirements, and the responsibilities of the institution regarding the qualifications of proposed individuals. It emphasizes the importance of providing accurate information and obtaining necessary approvals from regulatory agencies.

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Click ‘Get Form’ to open the Notice Change Director in the editor.
Begin by entering the full name of the individual proposed for the position, selecting whether they will serve as a Director or Senior Executive Officer.
Indicate the reason for this notice and specify if it is a prior notice, after-the-fact notice, or if a waiver was previously granted.
Fill in the details of the depository institution or holding company, including street address, city, state, and zip code.
Describe the steps taken to investigate the individual's qualifications and summarize their experience relevant to the proposed position.
If applicable, provide a description of duties for senior executive officer roles and attach any pertinent employment documents.
Review all entered information for accuracy before signing the certification section at the end of the form.

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What is Section 32 of the Federal Deposit Insurance Act?

SEC. 32. AGENCY DISAPPROVAL OF DIRECTORS AND SENIOR EXECUTIVE OFFICERS OF INSURED DEPOSITORY INSTITUTIONS OR DEPOSITORY INSTITUTION HOLDING COMPANIES. (2) the agency determines, in connection with the review by the agency of the plan required under section 38 or otherwise, that such prior notice is appropriate.

What is the purpose of the Federal Deposit Insurance Act?

Establishes and sets the powers, responsibilities, and administration of the Federal Deposit Insurance Corporation (FDIC). Establishes the Deposit Insurance Fund. Sets the rules for banks to be insured by the FDIC. Sets safety and soundness standards for all insured banks.

How do I get my money from FDIC?

When there is no open bank acquirer for the deposits, the FDIC will pay the depositor directly by check up to the insured balance in each account. Such payments usually begin within a few days after the bank closing.

notice change officer

Interagency Notice of Change in Director or senior executive officer FR 2081c

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What is Section 32 of the FDI Act?

What is Section 33 of the Federal Deposit Insurance Act?

33. DEPOSITORY INSTITUTION EMPLOYEE PROTECTION REMEDY. (B) gross mismanagement, a gross waste of funds, an abuse of authority, or a substantial and specific danger to public health or safety; by the depository institution or any director, officer, or employee of the institution.

Notice change director 2026

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