Category: Bank Operations

OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Sally 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 to close offices affected by Hurricane Sally at their discretion.

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 Hurricane Sally at their discretion.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-120.html

OCC Allows National Banks and Federal Savings Associations Affected by Oregon and Washington Wildfires 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 to close offices affected by wildfires in Oregon and Washington at…

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-119.html

Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires

Federal and state financial regulatory agencies recognize the serious impact of Hurricane Laura and the California wildfires on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected i…

Federal and state financial regulatory agencies recognize the serious impact of Hurricane Laura and the California wildfires 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-2020-117.html

OCC Allows National Banks and Federal Savings Associations Along U.S. Gulf Coast 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 severe weather along the U.S. Gulf Coast at…

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 severe weather along the U.S. Gulf Coast at their discretion.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-110.html

OCC Allows National Banks and Federal Savings Associations Affected by California and Colorado 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 and Colorado at the…

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.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-109.html

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