Federal banking regulators gave savings-and-loan compliance departments guidance Thursday on the regulatory reporting requirements the banks will have to meet as the Office of Thrift Supervision prepares to be closed down on July 21. Under the guidance, which came in proposed rules by the Federal Deposit Insurance Corporation, the Federal Reserve, the Office of the Comptroller of the Currency, the OTS and the Treasury Department, thrift compliance units will have the following requirements: All schedules of the Thrift Financial Report (including Schedules CMR and HC) would be eliminated as of March 30, 2012. For the next reporting cycle, thrifts would have to file Call Reports with the FDIC;
Savings associations will start filing data through the Summary of Deposits with the FDIC beginning June 30, when the OTS' Branch Office Survey will be eliminated;
End collection of monthly median cost of funds data from savings associations, effective January 31, 2012, with the last cost of
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