News Release 2022-89 | July 19, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the selection of Patricia Grady as Deputy Chief Counsel and Jonathan Fink as Associate Chief Counsel. Ms. Grady will provide legal advice to the Chief Counsel and senior OCC officials on significant legal, policy and […]
Category Archives: Office of the Comptroller of the Currency
OCC Seeks Nominations for Minority Depository Institutions Advisory Committee
News Release 2022-86 | July 19, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC assists the OCC in assessing the needs and challenges facing minority depository institutions. The OCC is seeking nominations of individuals who are […]
OCC’s Minority Depository Institutions Advisory Committee Charter Renewed
News Release 2022-85 | July 19, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which assists the OCC in assessing the needs and challenges facing minority depository institutions. “The OCC places great importance on the input we […]
OCC Assesses $125 Million Civil Money Penalty Against Bank of America, Orders Restitution for Unfair and Deceptive Practices
News Release 2022-84 | July 14, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today assessed a $125 million civil money penalty against Bank of America, N.A., for violations of law and unsafe or unsound practices relating to the bank’s administration of a prepaid card program to distribute unemployment insurance and […]
Acting Comptroller Discusses Importance of Financial Health for Consumers
News Release 2022-83 | July 14, 2022 Share This Page: WASHINGTON — Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s efforts to advance financial health for consumers before the U.S. Department of the Treasury’s Financial Literacy Education Commission. In his remarks, the Acting Comptroller highlighted the […]
OCC Hosts Compliance and Operational Risk Workshops in Denver
News Release 2022-82 | July 14, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host two workshops August 9-10 in Denver for directors of community banks and federal savings associations supervised by the OCC. The Compliance Risk: What Directors Need to Know workshop on August 9 is focused […]
OCC Marks Project REACh Anniversary with Financial Inclusion Symposium
News Release 2022-81 | July 12, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today hosted a financial inclusion symposium at its headquarters in Washington, D.C., to mark the second anniversary of Project REACh. The OCC’s Project REACh, or the Roundtable for Economic Access and Change, brings together leaders from the […]
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 […]