+--------+---+-------------------------+---------+--------------------+---+
| # O    | # |                         |         |                    | # |
|        | # |                         |         |                    |   |
| ##     | # |                         |         |                    |   |
|        | # |                         |         |                    | # |
|        |   |                         |         |                    |   |
|        | O |                         |         |                    |   |
|        | C |                         |         |                    | # |
|        | C |                         |         |                    | # |
|        |   |                         |         |                    |   |
|        | 2 |                         |         |                    |   |
|        | 0 |                         |         |                    |   |
|        | 0 |                         |         |                    |   |
|        | 2 |                         |         |                    |   |
|        | - |                         |         |                    |   |
|        | 4 |                         |         |                    |   |
|        | 4 |                         |         |                    |   |
+--------+---+-------------------------+---------+--------------------+---+
|        | * |                         |         |                    |   |
|        | * |                         |         |                    |   |
|        | O |                         |         |                    |   |
|        | C |                         |         |                    |   |
|        | C |                         |         |                    |   |
|        | B |                         |         |                    |   |
|        | U |                         |         |                    |   |
|        | L |                         |         |                    |   |
|        | L |                         |         |                    |   |
|        | E |                         |         |                    |   |
|        | T |                         |         |                    |   |
|        | I |                         |         |                    |   |
|        | N |                         |         |                    |   |
|        | * |                         |         |                    |   |
|        | * |                         |         |                    |   |
+--------+---+-------------------------+---------+--------------------+---+
| ## Com |   |                         |         |                    |   |
| ptroll |   |                         |         |                    |   |
| er of  |   |                         |         |                    |   |
| the Cu |   |                         |         |                    |   |
| rrency |   |                         |         |                    |   |
|        |   |                         |         |                    |   |
| > A    |   |                         |         |                    |   |
| dminis |   |                         |         |                    |   |
| trator |   |                         |         |                    |   |
| > of   |   |                         |         |                    |   |
| > Na   |   |                         |         |                    |   |
| tional |   |                         |         |                    |   |
| >      |   |                         |         |                    |   |
|  Banks |   |                         |         |                    |   |
+--------+---+-------------------------+---------+--------------------+---+
| ## Su  |   | ## Notice of            | #       | ## Year            |   |
| bject: |   | Comptroller of the Curr | # Descr | 2003 Fee Structure |   |
|        |   | ency Fees for year 2003 | iption: |                    |   |
+--------+---+-------------------------+---------+--------------------+---+

**TO:** Chief Executive Officers of All National Banks, Federal Branches
and Agencies and District of Columbia Banks, Department and Division
Heads, and All Examining Personnel

The purpose of this issuance is to inform all national banks, federal
branches and agencies, and District of Columbia banks of fees charged by
the Office of the Comptroller of the Currency (OCC) for year 2003.
Changes are effective January 1, 2003.

##### [SEMIANNUAL ASSESSMENT](http://www.occ.treas.gov/assess.htm)

[Reference: 12 CFR 8.2 and 8.6](http://www.occ.treas.gov/assess.htm)

Assessments are due January 31 and July 31, 2003 based on call report
information as of December 31, 2002, and June 30, 2003, respectively.
Assessments are paid in advance. For example, the assessment due January
31, 2003, covers the period January 1 through June 30, 2003.

##### Assessment Changes

The OCC is implementing the following changes effective January 1, 2003:

-   The marginal rates of the OCC's general assessment schedule continue
    to be indexed to reflect inflation, as measured by the Gross
    Domestic Product Implicit Price Deflator (GDPIPD) for the previous
    June-to-June period. The GDPIPD adjustment is 1.1 percent. As was
    the case in 2002, the indexation adjustment will apply only to the
    first \$20 billion in a national bank's assets.

-   Fees assessed independent trust banks and independent credit card
    banks have changed. The schedules shown below reflect these changes.

-   Beginning with the assessment due 1/31/03, the OCC will charge
    interest on all payments received after the due date. The interest
    rate charged will be the United States Treasury Department's current
    value of funds rate that is published quarterly in the Federal
    Register.

The OCC's assessment schedule also continues to include a surcharge for
banks that require increased supervisory resources. The surcharge
ensures that fees reflect the increased cost of supervision that applies
to those banks, federal branches and agencies of foreign banks, and
District of Columbia banks, rated 3, 4, or 5 under the uniform financial
institution rating system (UFIRS) or the risk management, operational
controls, compliance and asset quality (ROCA) rating system as of the
relevant call date (*i.e.*, December 31, 2002, or June 30, 2003). The
surcharge is to be applied to all components of an institution's
assessment, including book assets, assets under management (for
independent trust banks), and receivables attributable (for independent
credit card banks). National banks, federal branches and agencies of
foreign banks, and District of Columbia banks that are subject to the
surcharge determine their surcharge by multiplying the sum of the
assessment based on the institution's book assets up to \$20 billion,
the independent trust bank assessment (if applicable), and the
independent credit card assessment (if applicable) by 50 percent for
3-rated institutions and 100 percent for 4- and 5-rated institutions.

The OCC will continue to reduce the assessment of nonlead national banks
by 12 percent. A nonlead bank for this purpose is a national bank,
federal branch or agency, or District of Columbia bank that is not the
largest national bank, based on total assets, controlled by a company
owning two or more national banks. Nonlead national banks within any
company should multiply their calculated general assessment by 0.88 to
recognize the 12 percent discount. The 12 percent discount does not
apply to the independent trust bank assessment or the independent credit
card bank assessment, given that independent trust banks and independent
credit card banks are not affiliated with full-service national banks.

Each national bank, federal branch or agency, or District of Columbia
bank pays the general assessment fee. Independent trust banks pay the
general assessment fee and the independent trust bank assessment.
Independent credit card banks pay the general assessment fee and the
independent credit card bank assessment. Assessments should be
calculated using the schedules below and then adjusted for the nonlead
discount and/or condition surcharge.

**General Assessment Fee Schedule**

+-------------+-------------+-------------+-------------+-------------+
| If the      |             | The         |             |             |
| amount of   |             | Semiannual  |             |             |
| total       |             | Assessment  |             |             |
| balance     |             | will be:    |             |             |
| sheet       |             |             |             |             |
| assets      |             |             |             |             |
| (c          |             |             |             |             |
| onsolidated |             |             |             |             |
| domestic    |             |             |             |             |
| and foreign |             |             |             |             |
| su          |             |             |             |             |
| bsidiaries) |             |             |             |             |
| is:         |             |             |             |             |
| (millions)  |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| Over        | But Not     | This Amount | Plus        | Of Excess   |
|             | Over        |             |             | Over        |
|             |             |             |             |             |
|             |             |             |             | (millions)  |
+-------------+-------------+-------------+-------------+-------------+
| \$ 0        | \$ 2        | \$ 5,000    | 0.000000000 | \$ 0        |
|             |             |             |             |             |
| 2           | 20          | 5,000       | 0.000207491 | 2           |
|             |             |             |             |             |
| 20          | 100         | 8,735       | 0.000165991 | 20          |
|             |             |             |             |             |
| 100         | 200         | 22,014      | 0.000107894 | 100         |
|             |             |             |             |             |
| 200         | 1,000       | 32,803      | 0.000091294 | 200         |
|             |             |             |             |             |
| 1,000       | 2,000       | 105,838     | 0.000074696 | 1,000       |
|             |             |             |             |             |
| 2,000       | 6,000       | 180,534     | 0.000066397 | 2,000       |
|             |             |             |             |             |
| 6,000       | 20,000      | 446,122     | 0.000056496 | 6,000       |
|             |             |             |             |             |
| 20,000      | 40,000      | 1,237,066   | 0.000050403 | 20,000      |
|             |             |             |             |             |
| 40,000      |             | 2,245,126   | 0.000033005 | 40,000      |
+-------------+-------------+-------------+-------------+-------------+

####### 

####### Independent Trust Bank Semiannual Assessment Schedule

+-------------+-------------+-------------+-------------+-------------+
| If the      |             | The         |             |             |
| total       |             | Independent |             |             |
| amount of   |             | Trust Bank  |             |             |
| Fiduciary   |             | Semiannual  |             |             |
| and Related |             | Assessment  |             |             |
| Assets is:  |             | will be:    |             |             |
| (millions)  |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| Over        | But Not     | This Amount | Plus        | Of Excess   |
|             | Over        |             |             | Over        |
|             |             |             |             |             |
|             |             |             |             | (millions)  |
+-------------+-------------+-------------+-------------+-------------+
| \$ 0        | \$ 1,000    | \$ 19,000   | 0.000000000 | \$ 0        |
|             |             | 19,000      |             |             |
| 1,000       | 10,000      |             | 0.000003785 | 1,000       |
|             |             | 53,065      |             |             |
| 10,000      | 100,000     |             | 0.000000634 | 10,000      |
|             |             | 110,125     |             |             |
| 100,000     |             |             | 0.000000404 | 100,000     |
+-------------+-------------+-------------+-------------+-------------+

####### Independent Credit Card Bank Semiannual Assessment Schedule

+-------------------+------------------------+-------------------------+
| If the bank's     |                        | The Independent Credit  |
| total off-balance |                        | Card Bank Semiannual    |
| sheet receivables |                        | Assessment will be:     |
| attributable are: |                        |                         |
| (millions)        |                        |                         |
+-------------------+------------------------+-------------------------+
| Over              | But Not Over           |                         |
+-------------------+------------------------+-------------------------+
| \$ 0              | \$ 100                 | \$ 40,500               |
|                   |                        |                         |
| 100               | 1,000                  | 60,500                  |
|                   |                        |                         |
| 1,000             | 5,000                  | 81,000                  |
|                   |                        |                         |
| 5,000             |                        | 101,000                 |
+-------------------+------------------------+-------------------------+

####### HOURLY RATE FOR EXAMINATIONS AND INVESTIGATIONS

Reference: 12 CFR 8.6

Effective date: Examinations and investigations subject to the fee
beginning after January 1, 2003.

Rate: \$110.00 per hour to recover the cost of conducting special
examinations and investigations described in 12 CFR 8.6.

[**LICENSING FEES 1/**](http://www.occ.treas.gov/fees.htm)

Reference: 12 CFR 5.5

**The Licensing Fee Schedule is as follows:**

+--------------------------------------------------+-------------------+
| **Application Type**                             | **Fee**           |
+--------------------------------------------------+-------------------+
| ## New National Bank Charter                     | \$25,000          |
|                                                  |                   |
| -   Individuals and Non-Bank Holding Company     | 35,000            |
|     Sponsored [2]{.underline}/                   |                   |
|                                                  | 25,000            |
| ###  Full Service                                |                   |
|                                                  | 50,000            |
| ###  Credit Card                                 |                   |
|                                                  | 10,000            |
| ###  Trust                                       |                   |
|                                                  | 10,000            |
| Internet -- Primary [3]{.underline}/             |                   |
|                                                  | 10,000            |
| ## Bank Holding Company Sponsored                |                   |
|                                                  | 50,000            |
| Full Service                                     |                   |
|                                                  | 25,000            |
| Credit Card                                      |                   |
|                                                  | 0                 |
| ###  Trust                                       |                   |
|                                                  |                   |
| Internet -- Primary [3]{.underline}/             |                   |
|                                                  |                   |
| Bankers' Bank                                    |                   |
|                                                  |                   |
| Low- and Moderate-Income Area [4]{.underline}/   |                   |
+--------------------------------------------------+-------------------+
| ####### Conversion to a National Bank            | 5,000             |
|                                                  |                   |
| Standard                                         | 2,500             |
|                                                  |                   |
| Expedited                                        |                   |
+--------------------------------------------------+-------------------+
| **Business Combination Between Banks**           | 6,000             |
| [5]{.underline}/                                 |                   |
|                                                  | 2,000             |
| Standard                                         |                   |
|                                                  | 4,000             |
| Expedited -- Business Reorganization             |                   |
| [5]{.underline}/                                 |                   |
|                                                  |                   |
| Expedited -- Streamlined Application             |                   |
| [5]{.underline}/                                 |                   |
+--------------------------------------------------+-------------------+
| **Combination with Nonbank Subsidiary or         | 2,000             |
| Affiliate**                                      |                   |
+--------------------------------------------------+-------------------+
| **Expedited Reorganization** [6]{.underline}/    | 250               |
+--------------------------------------------------+-------------------+
| ####### Failure Resolution                       | 7,500             |
|                                                  |                   |
| Acquisition by De Novo Group                     | 2,000             |
|                                                  |                   |
| Acquisition by Existing Bank, Bank Holding       |                   |
| Company,                                         |                   |
|                                                  |                   |
| Or Experienced Group                             |                   |
+--------------------------------------------------+-------------------+
| **Branches** [7]{.underline}/                    | 350               |
|                                                  |                   |
| Standard                                         | 0                 |
|                                                  |                   |
| Expedited                                        | 0                 |
|                                                  |                   |
| Low- and Moderate-Income Area [4]{.underline}/   |                   |
| or Indian Reservations [7]{.underline}/          |                   |
+--------------------------------------------------+-------------------+
| ####### Branch Relocation                        | 350               |
|                                                  |                   |
| Standard                                         | 0                 |
|                                                  |                   |
| Expedited                                        | 0                 |
|                                                  |                   |
| Short-Distance                                   |                   |
+--------------------------------------------------+-------------------+
| ####### Main Office Relocation                   | 0                 |
|                                                  |                   |
| To Existing Branch Within City Limits            | 700               |
|                                                  |                   |
| Other -- Standard                                | 350               |
|                                                  |                   |
| Other -- Expedited                               |                   |
+--------------------------------------------------+-------------------+
| **Subsidiary** [8]{.underline}/                  | 2,700             |
|                                                  |                   |
| Standard                                         | as above          |
|                                                  |                   |
| Multi-Bank Op Sub                                | +100 for each     |
|                                                  | add'l bank        |
| After-the-Fact                                   |                   |
|                                                  | 500               |
+--------------------------------------------------+-------------------+
| **Change in Bank Control** [9]{.underline}/      | 10,000            |
|                                                  |                   |
| New Entrant to System                            | 5,000             |
|                                                  |                   |
| After-the-Fact                                   | 2,000             |
|                                                  |                   |
| Existing Officer/Director/National Bank          |                   |
+--------------------------------------------------+-------------------+
| **Increase in Permanent Capital**                | 500               |
| [10]{.underline}/                                |                   |
|                                                  | 250               |
| Standard Request For Approval                    |                   |
|                                                  |                   |
| Expedited Request For Approval                   |                   |
+--------------------------------------------------+-------------------+
| **Reduction in Permanent Capital**               | 500               |
| [11]{.underline}/                                |                   |
|                                                  | 250               |
| Standard                                         |                   |
|                                                  |                   |
| Expedited                                        |                   |
+--------------------------------------------------+-------------------+
| **Subordinated Debt as Capital**                 | 1,000             |
| [12]{.underline}/                                |                   |
|                                                  | 500               |
| Standard Application For Approval                |                   |
|                                                  | 250               |
| Expedited Approval                               |                   |
|                                                  |                   |
| Request to Prepay                                |                   |
+--------------------------------------------------+-------------------+
| ## Fiduciary Powers                              | 1,600             |
|                                                  |                   |
| Standard                                         | 800               |
|                                                  |                   |
| Expedited                                        |                   |
+--------------------------------------------------+-------------------+
| ####### Bank Service Corporation                 | 2,000             |
|                                                  |                   |
| Standard                                         | 500               |
|                                                  |                   |
| After-the-Fact                                   |                   |
+--------------------------------------------------+-------------------+
| ## Dividend                                      | 0                 |
|                                                  |                   |
| ##  Cash Dividend                                | 250               |
|                                                  |                   |
| Dividend-in-Kind                                 |                   |
+--------------------------------------------------+-------------------+
| **Stock Appraisal** [13]{.underline}/            | 8,200             |
+--------------------------------------------------+-------------------+
| **Section 914 Notice** (Changes in Directors or  | 35                |
| Senior Executive Officers)                       |                   |
+--------------------------------------------------+-------------------+
| **Federal Branches and Agencies**                | 10,000            |
| [14]{.underline}/                                |                   |
|                                                  | 1,000             |
| Initial Federal Branch or Agency                 |                   |
|                                                  | 500               |
| Additional Federal Branch or Agency              |                   |
|                                                  | 350               |
| > Standard                                       |                   |
| >                                                | 0                 |
| > Expedited                                      |                   |
|                                                  | 0                 |
| Relocation                                       |                   |
|                                                  | 3,600             |
| > Standard [15]{.underline}/                     |                   |
| >                                                | 1,800             |
| > Expedited                                      |                   |
| >                                                | 700               |
| > Short-Distance                                 |                   |
|                                                  | 350               |
| Change of Status -- State to Federal             |                   |
|                                                  | 1,600             |
| > Standard                                       |                   |
| >                                                | 800               |
| > Expedited                                      |                   |
|                                                  | 0                 |
| Change of Status -- Other [16]{.underline}/      |                   |
|                                                  |                   |
| > Standard                                       |                   |
| >                                                |                   |
| > Expedited                                      |                   |
|                                                  |                   |
| Fiduciary Powers                                 |                   |
|                                                  |                   |
| > Standard                                       |                   |
| >                                                |                   |
| > Expedited                                      |                   |
|                                                  |                   |
| Voluntary Liquidation                            |                   |
+--------------------------------------------------+-------------------+

###### LICENSING FEES -- Footnotes

[1]{.underline}/ Expedited processing is available to eligible banks as
defined in 12 CFR 5 and 28. Applicants may request a reduced fee for
transactions requiring multiple filings, steps, or banks. Applicants
requesting reduced fees should consult with the licensing manager in the
appropriate district office in advance of filing. Generally, fee
concessions are not granted unless savings in the OCC's processing costs
are demonstrated.

[2]{.underline}/ These fees are appropriate for charter applications
submitted by a group of individuals or a sponsor that is not a bank
holding company for purposes of the Bank Holding Company Act; or a
sponsor that has received Federal Reserve Board approval as a bank
holding company but has been in operation for less than three years
prior to filing the application to organize a new national bank.

[3]{.underline}/ Includes banks that will operate predominantly over the
Internet, but also have limited branch or nonbranch physical facilities,
such as kiosks or ATMs (limited facility bank), as well as banks that
will operate solely via the Internet (Internet-only bank).

[4]{.underline}/ The OCC does not require a licensing filing fee for
applications for new national bank charters or branches to be located in
a low- or moderate-income area as defined in 12 CFR 25.12(l), (n)(l),
and (n)(2), and where no other depository institution operates a branch
or main office.

[5]{.underline}/ The stated fees are for a transaction involving two
banks. If more than two *affiliated* banks are involved and if the
following criteria are met, the OCC may charge a fee of \$100 for each
additional intrastate charter and \$200 for each additional interstate
charter involved in the transaction. Otherwise, additional fees will be
required (equal to no more than one-half the stated fee times the number
of banks), based on the marginal increases in the OCC's processing costs
attributable to the additional banks. *Criteria:* a) the acquiring bank
is eligible, b) current national bank assets exceed nonnational bank
assets, and c) the combination presents no expected complications.

> An application that does not qualify for expedited review because it
> involves either an interim bank, a trust bank, or a credit card bank,
> is nonetheless charged the expedited-business reorganization fee if
> (1) the interim bank is merging with an eligible bank or (2) the trust
> bank or credit card bank is a subsidiary of a bank holding company of
> which its lead bank is an eligible national bank or is a subsidiary of
> an eligible national bank. However, the application is not eligible
> for expedited review.

The "Expedited -- Business Reorganization" fee is charged for branch
purchase and assumption transactions between affiliated institutions.
Purchase and assumption transactions between unaffiliated banks are
charged either the "Standard" or the "Expedited-Streamlined Application"
fee, as appropriate.

The definition of business reorganization is found at 12 CFR 5.33(d)(2).
The definition of a streamlined application is found at 12 CFR
5.33(j)(1).

[6]{.underline}/ Transactions conducted pursuant to 12 USC 215a-2.

[7]{.underline}/ The fee listed is for one branch. Multiple branches
filed together and published on the same date may be charged \$100 per
additional bank branch. The OCC does not require a licensing filing fee
for applications for branches to be located on an Indian reservation.

[8]{.underline}/ These fees apply only to operating subsidiary filings
by national banks, federal branches, or federal agencies and
after-the-fact filings for non-controlling investments under 12 CFR
5.33(e).

[9]{.underline}/ The fee for a change in bank control filing should be
borne by the party(ies) acquiring the shares. The fee for increases by
an existing officer or director is available for persons who have been
associated with the bank for more than three years.

[10]{.underline}/ A national bank generally need only submit a notice to
increase its permanent capital. However, prior OCC approval is required
to increase permanent capital if a bank is required by the OCC to obtain
prior approval; it plans to sell common or preferred stock for
consideration other than cash; or it will receive a material noncash
contribution to capital surplus.

[11]{.underline}/ Includes distributions from surplus or surplus
accounts (unless to pay dividends from surplus that was transferred from
prior period earnings); acquisitions of treasury stock; or retirement of
outstanding shares. The expedited fee applies to an application to
conduct a reverse stock split. No fee is required for applications to
pay a dividend pursuant to

12 USC 60(b) unless it is a dividend-in-kind.

[12]{.underline}/ Prior approval is required if the OCC has notified the
bank that it must receive prior approval or the bank will become
inadequately capitalized after the transaction. Otherwise, a bank may
issue subordinated debt without prior OCC approval. However, if the bank
would like the subordinated debt to count as Tier 2 capital, it must
provide the OCC with notification after the debt has been issued. No fee
is charged for this request. No approval is required for eligible banks
to repay subordinated debt.

[13]{.underline}/ The fee for a stock appraisal must be borne by the
bank which, in the case of a business combination, is the surviving
bank.

[14]{.underline}/ After‑the‑fact merger applications could be subject to
a fee. If a fee is required, it will be determined based on the specific
circumstances surrounding the transaction.

[15]{.underline}/ Interstate relocations are processed under standard
procedures.

[16]{.underline}/ There is no fee for a downgrade in the status of the
federal branch or agency.

**PUBLICATIONS**

The OCC has an extensive list of paper-based publications available for
a fee, as well as publications available free of charge. For a list of
publications and current prices, consult the attached price list. Please
note that publication prices are subject to change before the next
schedule of fees is published.

Copies of an array of items, including news releases, job announcements,
issuances (such as bulletins, advisories, and alerts) and other
materials may be downloaded free of charge from the agency's Web site
at: \[http://www.occ.treas.gov \]. For your convenience, the site
contains a search engine to locate materials by subject.

**MISCELLANEOUS FEES**

Prepayment is *required* for bank histories and certifications.

Bank History for single bank:

> Less than 50 years \$ 50.00
>
> Fifty years or more \$ 125.00

Bank histories are provided to determine the successor to an inactive
national bank. They include corporate transactions such as name changes,
mergers, closings, and the current address of the successor institution,
if available.

Certificates relating to licensing bank activities \$ 100.00

Title Changes

Mergers

Articles of Association

Declaration of Insolvency

Charter

Corporate Existence

Fiduciary Powers

Certificate of Authenticity (12 CFR 4) \$ 100.00

Copies of certificates \$ 10.00

Freedom of Information Act and Privacy Act Requests:

> Search and review \$ 35.00 an hour

Photocopying \$ 0.20 a page

Examination Reports:

Initial Copy Free

Additional Copies Each \$ 10.00

Special Requests Each \$ 50.00

Edward J. Hanley

Senior Deputy Comptroller for the Office of Management

and Chief Financial Officer

Attachment [OCC Publications List](http://www.occ.treas.gov/pubs1.htm)

Available electronically at:

\[ <http://www.occ.treas.gov/assess.htm> \]

\[ <http://www.occ.treas.gov/fees.htm> \]

\[ <http://www.occ.treas.gov/pubs1.htm> \]