On 22 July 2014, the OCC released guidance describing unique characteristics of mutual federal savings associations and the considerations that the OCC uses in its risk-based supervision process. The guidance describes mutual governance structure and mutual members’ rights and highlights supervisory considerations in

rating mutuals for each component of the Uniform Financial Institutions Rating System.

The full text of the OCC bulletin is available at: http://www.occ.gov/news-issuances/bulletins/2014/bulletin-2014-35.html