The Federal Reserve Board today said it did not object to Bank of America Corp.’s resubmitted capital plan.

Though BofA passed the Fed’s major “stress test” in March, the banking regulator also asked the bank to resubmit its capital plan and to better address what it called “certain deficiencies in its capital planning processes.” In a statement issued today, the Fed said that “[those] deficiencies included weaknesses in aspects of the firm’s loss and revenue modeling practices and its internal controls.”