News Release 2019-107 | September 24, 2019 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $8.0 billion in the second quarter 2019, which was $2.0 billion, or 19.8 percent, less than the previous quarter. In the report, Quarterly […]
Category Archives: Office of the Comptroller of the Currency
Counterfeit Cashier’s Checks of Consumers National Bank, Minerva, Ohio
Alert 2019-8| September 20, 2019 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 Consumers National Bank, Minerva, Ohio
Alert 2019-8| September 20, 2019 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 […]
OCC Enforcement Actions and Terminations
News Release 2019-106 | September 19, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations. All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders […]
Comptroller of the Currency Discusses Community Reinvestment Act, Honored for his Philanthropy
News Release 2019-105 | September 10, 2019 Share This Page: SANTA ANA, Calif.—Comptroller of the Currency Joseph Otting today discussed community reinvestment and economic opportunity during remarks at the 2019 Illumination Reception hosted by the Oasis Center International, in Santa Ana, Calif. During his comments, Comptroller Otting highlighted how the Community Reinvestment Act (CRA) encouraged investment […]
Comptroller of the Currency Visits Compton, California, to Discuss How to Increase Community Reinvestment
News Release 2019-104 | September 9, 2019 Share This Page: WASHINGTON—Comptroller of the Currency Joseph Otting today visited Compton, California, and met with community stakeholders and bankers to discuss how to encourage more lending, investment, and bank services in areas that need it most. The visit was the fifth stop in the Comptroller’s summer tour to […]
OCC Hosts Compliance and Operational Risk Workshops in Los Angeles
News Release 2019-103 | September 9, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host two workshops in Los Angeles at the Federal Reserve Bank of Los Angeles, October 22 and 23, for directors of national community banks and federal savings associations supervised by the OCC. The Compliance Risk workshop […]
OCC Releases CRA Evaluations for 26 National Banks and Federal Savings Associations
News Release 2019-102 | September 6, 2019 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 August 1, 2019 through August 31, 2019. The list contains only national banks, federal savings associations, and insured federal […]
OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Dorian in Southeast United States to Close
News Release 2019-101 | August 30, 2019 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 affected by severe weather conditions associated with Hurricane Dorian in the Southeast region of the United States to close. […]
Comptroller of the Currency Visits New Mexico Pueblos to Discuss Community Reinvestment Act and Bank Services
News Release 2019-100 | August 28, 2019 Share This Page: ALBUQUERQUE, N.M.—Comptroller of the Currency Joseph Otting today visited Native American pueblos in New Mexico as part of a nationwide effort to discuss modernizing Community Reinvestment Act (CRA) regulations and opportunities to bring more investment, lending, and services to underserved areas. While in northern New Mexico, […]