WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the role of national banks and federal savings associations in delivering capital and other financial services to support economic development, housing, and other needs in Indian Country in remarks prepared for delivery at the Financial Literacy and Education Commission meeting.
In his remarks, Mr. Hsu encouraged institutions supervised by the Office of the Comptroller of the Currency (OCC) to provide capital to Native Community Development Financial Institutions and to work with American Indian and Tribal entities delivering financial education to their members and organizations. He also highlighted the OCC’s work to support affordable housing and economic development efforts in Indian Country through the agency’s Community Affairs officers and Project REACh.