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 […]
Category Archives: Office of the Comptroller of the Currency
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 […]
Acting Comptroller Discusses Importance of CDFIs, MDIs
News Release 2022-66 | June 9, 2022 Share This Page: WASHINGTON — Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of community development financial institutions (CDFI) and minority depository institutions (MDI) at the 2022 Community Development Bankers Association Peer Forum. In his remarks, the Acting Comptroller highlighted initiatives to revitalize MDIs and […]
OCC Designates Five Senior National Bank Examiners
News Release 2022-65 | June 1, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today designated Stephanie Boccio, Angela Lindstrom, James Reid, Andrea Vourvoulias, and Marc Wacker as Senior National Bank Examiners (SNBE). The Senior National Bank Examiner designation recognizes examiners who have distinguished themselves through high-quality performance and service as […]
OCC Releases CRA Evaluations for 29 National Banks and Federal Savings Associations
News Release 2022-64 | June 1, 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 May 1, 2022, through May 31, 2022. The list contains only national banks, federal savings associations, and […]
OCC Hosts Risk Governance and Credit Risk Workshops in Kansas City
News Release 2022-63 | May 31, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host two workshops June 28-29 in Kansas City for directors of national community banks and federal savings associations. The Risk Governance: Improving Director Effectiveness workshop on June 28 combines lectures, discussion, and exercises to provide practical […]