This is your bank's semiannual
assessment notice from the Comptroller of the Currency for the period July –
December 2004. The assessment calculation is
based on the total assets as filed on the JUNE
30, 2004 call report.
Payment of the assessment fee is due by JULY 31, 2004. Payments received after the due date
will be charged interest at an annual rate of 1 %.
The Comptroller of the Currency uses
the Automated Clearing House (ACH) to receive your bank's assessment
payments. The ACH payment will be
debited from your account within two business days of when the payment is
called in to Global Payments.
INSTRUCTIONS
FOR SUBMITTING ASSESSMENT PAYMENTS:
REPLY: "I have an INFORMATION REPORT".
MY ID number is:
7087/ _____
YOU MUST INCLUDE THE SLASH WHEN REPORTING THE ID NUMBER.
Report the Assessment amount rounded to the nearest whole
dollar.
NOTE: Global
Payments is a contract service provider.
The phone number is available 24 hours daily, however calls received
after 2PM Eastern Time, are recorded
with a receipt date of the following business day.
If
Total Assets as reported on call report are: |
The
Semiannual Assessment is | |||
Over |
But
not Over |
This |
Plus |
Of
excess |
$0 |
$2 |
$5,075 |
.000000000 |
$0 |
2 |
20 |
5,075 |
.000210603 |
2 |
20 |
100 |
8,866 |
.000168481 |
20 |
100 |
200 |
22,344 |
.000109512 |
100 |
200 |
1,000 |
33,295 |
.000092663 |
200 |
1,000 |
2,000 |
107,425 |
.000075816 |
1,000 |
2,000 |
6,000 |
183,241 |
.000067393 |
2,000 |
6,000 |
20,000 |
452,813 |
.000057343 |
6,000 |
20,000 |
40,000 |
1,255,615 |
.000050403 |
20,000 |
40,000 |
|
2,263,675 |
.000033005 |
40,000 |
IMPORTANT:
* Banks informed
of composite CAMELS/ROCA ratings of 3,
4, or 5 as of June 30, 2004, should add 50%, 100%, or 100% respectively over and above their regular assessment fee, based on the first
$20 billion in assets.
* Non-lead national
banks are entitled to a 12% discount. The
rule defines a non-lead bank as a national bank that is not the largest
national bank, based on total assets, controlled by a company owning two or
more national banks.
* Banks that own other
banks and file a CONSOLIDATED call
report, should deduct the assets
of the subsidiary banks before
computing and calling in their assessment fee to ensure assets are not assessed
twice.
The General Assessment Fee Schedule and other information about assessments may be obtained via www.OCC.treas.gov the official OCC web address. Select “Subject Index”, scroll down to Assessments, and then select the desired information. |
Questions
regarding the assessment process should be directed to Revenue Accounting at
(866) 874-5150