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Notice to DBO of Extraordinary Events of Public Interest

The Commissioner of Business Oversight requests that banks and credit unions notify the DBO of business developments or incidents that may draw the attention of the media or otherwise subject the institution to public scrutiny. Reportable events include extraordinary incidents that may result in the temporary closure of a branch. Examples of such incidents include branch takeover robberies, bomb threats, staff members being taken into custody during working hours, or hacking of a computer system. Notice should be made in a timely manner to the Assistant Deputy Commissioner who oversees the institution.