12 CFR § 215.12 - Application to savings associations.

---
identifier: "/us/cfr/t12/s215.12"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 215.12 - Application to savings associations."
title_number: 12
title_name: "Banks and Banking"
section_number: "215.12"
section_name: "Application to savings associations."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "215"
part_name: "LOANS TO EXECUTIVE OFFICERS, DIRECTORS, AND PRINCIPAL SHAREHOLDERS OF MEMBER BANKS (REGULATION O)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 248(a), 375a(10), 375b(9) and (10), 1468, 1817(k), 5412; and Pub. L. 102-242, 105 Stat. 2236 (1991) (12 U.S.C. 1811 note)."
regulatory_source: "Reg. O, 59 FR 8837, Feb. 24, 1994, unless otherwise noted."
cfr_part: "215"
---


# 215.12 Application to savings associations.

The requirements of this part apply to savings associations, as defined in 12 CFR 238.2(l) (including any subsidiary of a savings association), in the same manner and to the same extent as if the savings association were a member bank; provided that a savings association's unimpaired capital and unimpaired surplus will be determined under regulatory capital rules applicable to that savings association.

[Reg. O, 76 FR 56530, Sept. 13, 2011]