Overdraft fees have significantly declined in many OCC-regulated banks. The OCC continues to encourage banks to make pro-consumer reforms to their overdraft protection programs. Learn more at
OCC encourages banks to develop Special Purpose Credit Programs to meet the needs of specified classes of persons, consistent with the Equal Credit Opportunity Act and Regulation B. These programs can expand access to credit to meet special social needs.
The OCC extended the public comment period for the application of Capital One to merge with Discover Bank until May 31. This will allow interested parties more time to provide comments. Submit comments at
The OCCβs Financial Capability fact sheet describes the benefits and opportunities afforded to consumers from financial capability activities provided by national banks and federal savings associations.
The OCC seeks experienced industry specialists to join our team as bank examiners. Positions open in several areas including credit, compliance, BSA/AML, mortgage banking, and enterprise governance. Learn more and apply at
Join the OCC and FDIC for a webinar on opportunities for banks to enhance access to financial services for low- and moderate-income communities across the Dakotas and explore the benefits of offering low-cost accounts.
Curious about digital assets? Save the date for a keynote discussion with Acting Comptroller Michael J. Hsu on the tokenization of real-world assets and liabilities, consumer protection, compliance and supervision.
The OCC uses enforcement actions to require banks to correct deficiencies or violations and reinforce individualsβ accountability for conduct regarding the affairs of a bank. Read about the actions announced in April 2024.
The OCC works to ensure banks appropriately manage the risks around adapting to digitalization. The responsible approach to innovation is the better way: by progressing in tightly controlled stages where the risks can be identified, measured, and managed at each stage.
The OCC is committed to furthering the regulatory and legislative mandates designed to support the creation and preservation of minority depository institutions which often serve economically challenged and traditionally underserved communities.
The OCC supports National Financial Capability Month and its focus on financial literacy. View the OCCβs Financial Literacy Resource Directory for trusted information consumers and communities can use to make important financial decisions.
Since the OCC has heighted its attention on overdraft protection programs, fees charged by OCC-regulated banks have fallen by 40%. OCCβs guidance on overdraft protection programs addresses risks to banks & encourages lower cost alternatives for customers.
The OCC is hosting the Project REACh Summit on Financial Inclusion, May 29-30. Project REACh convenes banking, civil rights, community and tech leaders to tackle economic barriers for underserved communities. Sign up by May 15 at the link below:
The OCC is extending until June 15 the comment period on its proposed rulemaking and policy statement on bank mergers. The proposal is part of the OCCβs effort to enhance transparency around its process of reviewing transactions under the Bank Merger Act.
Acting Comptroller Michael J. Hsu discusses the importance of expanding financial services and supporting financial literacy and inclusion among new Americans.
Use the OCCβs Corporate Applications Search tool for easy access to information on bank applications and notices - such as branch closings and business combinations.
Thereβs still time to attend or submit a written statement for the OCCβs MDIAC meeting. The committee provides an invaluable perspective on the business environment affecting minority depository institutions, their customers & communities they serve.
The OCCβs 2024 Project REACh Financial Inclusion Summit on May 29-30 will discuss new initiatives and innovative solutions to accessing financial services for underserved and minority communities. Learn more and register at
Acting Comptroller Michael J. Hsu discusses the importance of elevating fairness in banking and the OCCβs work to make this a top priority. Read his full remarks at
OCC-regulated community bank and federal savings association directors - learn how to effect change in credit culture and more. Register for the credit risk workshop in Dallas at: