OCC Hosts Compliance and Operational Risk Workshops in St. Louis

News Release 2022-78 | June 30, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host two workshops July 26-27 in St. Louis for directors of community banks and federal savings associations supervised by the OCC.  The Compliance Risk: What Directors Need to Know workshop on July 26 is […]

OCC Reports Improvement in Overall Mortgage Performance

News Release 2022-76 | June 27, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022. The OCC Mortgage Metrics Report, First Quarter 2022 showed that 96.9 percent of mortgages included in the report […]

Acting Comptroller of the Currency Kicks Off High School Scholar Internship Program

News Release 2022-75 | June 27, 2022 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today kicked off the Office of the Comptroller of the Currency’s (OCC) fourth annual High School Scholar Internship Program (HSSIP) for students from Washington, D.C., high schools. The OCC partners with the District of Columbia’s Department of Employment […]

OCC Announces Changes to Executive Committee Membership

News Release 2022-74 | June 24, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced changes to the membership of its Executive Committee, effective July 1, 2022. Blake Paulson, Senior Deputy Comptroller for Supervision Risk and Analysis, has announced his retirement, effective August 31. Mr. Paulson joined the OCC in […]

OCC Reports on Key Risks Facing Federal Banking System

News Release 2022-73 | June 23, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today reported the key issues facing the federal banking system in its Semiannual Risk Perspective for Spring 2022.  As banks continue to navigate the operational- and market-related impacts of the pandemic along with substantial government stimulus, current […]

OCC Hosts Denver Workshop for National Community Bank Board Directors, Bank Management

News Release 2022-72 | June 23, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host a workshop in Denver for directors, senior management team members, and other key executives of national community banks and federal savings associations, July 19-20.  The Building Blocks: Keys to Success for Directors and Senior Management […]

OCC Reports First Quarter 2022 Bank Trading Revenue

News Release 2022-71 | June 21, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $10.6 billion in the first quarter of 2022. The first quarter trading revenue was $3.4 billion, or 47.8 percent, more than in the previous quarter […]

OCC Hosts Credit and Operational Risk Workshops in Pittsburgh

News Release 2022-70 | June 21, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host two workshops July 12-13 in Pittsburgh for directors of community banks and federal savings associations of  OCC-supervised institutions.  The Credit Risk: Directors Can Make a Difference workshop on July 12 covers the roles […]

OCC Allows National Banks and Federal Savings Associations Affected by Flooding in Montana to Close

News Release 2022-68 | June 15, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas affected by flooding in Montana. In issuing the proclamation, the OCC expects that only […]

OCC Hosts Mutual Savings Association Advisory Committee Meeting June 27

News Release 2022-67 | June 10, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Mutual Savings Association Advisory Committee (MSAAC) on Monday, June 27, 2022. The meeting, which will be hosted in person and virtually, is open to the public and […]