Category: Bank Operations

OCC Sounds Warning About Effects of COVID-19 ‘Lockdowns’ on Banking System

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.

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-73.html

Statement of the Comptroller of the Currency on the Enactment of the Nation’s Stimulus Package

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.

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-43.html

Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Tornadoes in Tennessee

The federal and state financial regulatory agencies recognize the serious impact of tornadoes in Tennessee on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subjec…

The federal and state financial regulatory agencies recognize the serious impact of tornadoes in Tennessee on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-31.html

Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus

Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus.

Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-30.html

OCC Allows National Banks and Federal Savings Associations Affected by California Wildfires to Close

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.

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-126.html

OCC Allows National Banks and Federal Savings Associations Affected by California Wildfires to Close

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.

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-126.html?utm_source=RSS_feed&utm_medium=RSS

OCC Releases Bank Supervision Operating Plan for Fiscal Year 2020

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2020.

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2020.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-111.html

OCC Releases Bank Supervision Operating Plan for Fiscal Year 2020

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2020.

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2020.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-111.html?utm_source=RSS_feed&utm_medium=RSS

OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Dorian in Southeast United States to Close

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 Do…

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-101.html?utm_source=RSS_feed&utm_medium=RSS

OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Dorian in Southeast United States to Close

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 Do…

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-101.html