News Release 2022-11 | February 7, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced its schedule of free, virtual workshops for boards of directors of national community banks and federal savings associations for the first half of 2022. The OCC examiner-led workshops provide practical training and guidance to directors […]
Category Archives: Office of the Comptroller of the Currency
Counterfeit Official Checks of BankUnited, N.A., Miami Lakes, Fla.
Alert 2022-3| February 7, 2022 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]
Federal Bank Regulatory Agencies to Host the 2022 National Interagency Community Reinvestment Conference
News Release 2022-10 | February 4, 2022 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The three federal bank regulatory agencies and the Federal Reserve Banks of Chicago and San Francisco will host the 2022 National Interagency Community Reinvestment Conference on March […]
OCC to Hold Virtual Hearing on Charges Against Saul Ortega and David Rogers; Agency Seeks Prohibition Orders and Civil Money Penalties
News Release 2022-7 | January 25, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a public virtual hearing before an Administrative Law Judge beginning Monday, January 31, 2022. The OCC will litigate enforcement actions against two individuals formerly associated with First National Bank, Edinburg, Texas (closed): Saul Ortega, former […]
OCC Announces Deputy Comptroller for Supervisory Systems & Analytical Support
News Release 2022-6 | January 25, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced that Mark Pocock will be the next Deputy Comptroller for Supervisory Systems & Analytical Support (SSAS). In this role, Mr. Pocock will oversee a team that identifies, monitors, develops, and presents reports on existing and […]
OCC Conditionally Approves SoFi Bank, National Association
News Release 2022-4 | January 18, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today conditionally approved applications from Social Finance Inc. (SoFi) to create SoFi Bank, National Association (SoFi Bank, N.A.), as a full service national bank headquartered in Cottonwood Heights, Utah. As part of the transaction, SoFi Bank, N.A. […]
CSBS Withdraws Legal Challenge to OCC Chartering Figure Bank, N.A.
News Release 2022-3 | January 14, 2022 Share This Page: WASHINGTON—The Conference of State Bank Supervisors yesterday withdrew its lawsuit filed with the U.S. District Court for the District of Columbia challenging the Office of the Comptroller of the Currency (OCC) authority to charter an uninsured deposit-taking national bank. In December 2021, Figure Technologies amended their […]
Acting Comptroller Discusses Crypto-Assets and Regulation
News Release 2022-2 | January 13, 2022 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the regulation of stablecoins and other crypto-assets before the BritishAmerican Business Transatlantic Finance Forum 2021-2022 Executive Roundtable. Related Links Media Contact Stephanie Collins(202) 649-6870 Related posts: Agencies Issue Two Final Rules OCC Releases Bank Supervision Operating […]
Unauthorized Banking: Fedro Asset Bank, N.A. and Ledge Community Credit Union, N.A.
Alert 2022-2| January 11, 2022 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]
Counterfeit Cashier’s Checks of Powell Valley National Bank, Big Stone Gap, Va.
Alert 2022-1| January 3, 2022 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]