News Release 2022-116 | September 19, 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 Alaska. In issuing the proclamation, the OCC expects that only […]
Category Archives: Office of the Comptroller of the Currency
OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Fiona in Puerto Rico to Close
News Release 2022-115 | September 19, 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 Hurricane Fiona in Puerto Rico. In issuing the proclamation, the OCC expects […]
OCC Reports Second Quarter 2022 Bank Trading Revenue
News Release 2022-112 | September 13, 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 $10.3 billion in the second quarter of 2022. The second quarter trading revenue was $273.0 million, or 2.6 percent, less than in the previous quarter […]
OCC Hosts Miami Workshop for National Community Bank Board Directors, Bank Management
News Release 2022-111 | September 13, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host a workshop October 25-26 in Miami for directors, senior management, and other key executives of national community banks and federal savings associations. The Building Blocks: Keys to Success for Directors and Senior Management workshop […]
OCC Announces Chief Climate Risk Officer
News Release 2022-110 | September 12, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the appointment of Dr. Yue (Nina) Chen as Chief Climate Risk Officer. Dr. Chen will lead the agency’s climate risk efforts related to supervision, policy, and external engagement. She will oversee the activities of the […]
Agencies Reaffirm Commitment to Basel III Standards
News Release 2022-109 | September 9, 2022 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency Federal bank regulatory agencies today reaffirmed their commitment to implementing enhanced regulatory capital requirements that align with the final set of “Basel III” standards issued by the […]
OCC Hosts Minority Depository Institutions Advisory Committee Meeting September 27
News Release 2022-108 | September 8, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a virtual public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 27, 2022. The meeting, which will be hosted in person and virtually, is open to the public […]
OCC Releases CRA Evaluations for 31 National Banks and Federal Savings Associations
News Release 2022-107 | September 7, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of August 1, 2022, through August 31, 2022. The list contains only national banks, federal savings associations, and […]
Acting Comptroller Discusses Safeguarding Trust in Banking
News Release 2022-106 | September 7, 2022 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the long-term threats to trust in banking in remarks at the TCH + BPI Annual Conference in New York. His comments also included updates on his priorities of guarding against complacency, addressing inequality, adapting to digitalization, […]
OCC Releases Strategic Plan for Fiscal Years 2023-2027
News Release 2022-105 | September 6, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its strategic plan for fiscal years (FY) 2023-2027. The strategic plan outlines the agency’s approach to achieve three strategic goals and fulfill its mission to ensure that national banks and federal savings associations operate in […]