(a) Youthful offender or juvenile delinquent. This subpart does
not cover any adjudication by a court against a person as:
(1) A youthful offender under any youthful
offender law; or
(2)
A juvenile delinquent by a court with jurisdiction over minors as
defined by state law.
(b) De minimis criminal offense. This subpart
does not cover de minimis criminal offenses. A criminal offense
is de minimis if:
(1) The person has only one conviction
or pretrial diversion or similar program of record;
(2) The offense was punishable by imprisonment
for a term of less than one year, a fine of less than $1,000, or both,
and the person did not serve time in jail.
(3) The conviction or program was entered
at least five years before the date the person first held a position
described in section 238.83(a); and
(4) The offense did not involve an insured
depository institution, insured credit union, or other banking organization
(including a savings and loan holding company, bank holding company,
or financial holding company).
(5) The person must disclose the conviction
or pretrial diversion or similar program to all insured depository
institutions and other banking organizations the affairs of which
he or she participates.
(6) The person must be covered by a fidelity bond to the same extent
as others in similar positions with the savings and loan holding company.
