News Release 2020-119 | September 11, 2020 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 affected by wildfires in Oregon and Washington at their discretion. In issuing the proclamation, […]
Tag Archives: Bank Operations
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires
News Release 2020-117 | September 1, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConference of State Bank SupervisorsFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit […]
OCC Allows National Banks and Federal Savings Associations Along U.S. Gulf Coast to Close
News Release 2020-110 | August 25, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices along the U.S. Gulf Coast at their discretion. In issuing the proclamation, the OCC expects that only […]
OCC Allows National Banks and Federal Savings Associations Affected by California and Colorado Wildfires to Close
News Release 2020-109 | August 24, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices affected by wildfires in California and Colorado at their discretion. In issuing the proclamation, the OCC expects […]
OCC Sounds Warning About Effects of COVID-19 ‘Lockdowns’ on Banking System
News Release 2020-73 | June 1, 2020 Share This Page: WASHINGTON, D.C.—Acting Comptroller of the Currency Brian P. Brooks today expressed concerns about the effects of regional and local responses to COVID-19 on the federal banking system. In letters to the National League of Cities, the U.S. Conference of Mayors, and the National Association of Governors, […]
Statement of the Comptroller of the Currency on the Enactment of the Nation’s Stimulus Package
News Release 2020-43 | March 27, 2020 Share This Page: WASHINGTON—Comptroller of the Currency Joseph M. Otting today made the following statement following passage and enactment of the CARES Act to support the nation’s response to COVID-19. I commend Congress for passing and the President for signing this important legislation that will provide much needed support […]
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Tornadoes in Tennessee
News Release 2020-31 | March 12, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConference of State Bank SupervisorsFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit […]
Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus
News Release 2020-30 | March 9, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of Comptroller of the CurrencyConference of State Bank Supervisors Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers […]
OCC Allows National Banks and Federal Savings Associations Affected by California Wildfires to Close
News Release 2019-126 | October 30, 2019 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices affected by wildfires in California at their discretion. In issuing the proclamation, the OCC expects […]
OCC Releases Bank Supervision Operating Plan for Fiscal Year 2020
News Release 2019-111 | October 1, 2019 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2020. The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual national banks, federal savings associations, federal branches, […]