Tagged: occ

October 22, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions for October 2026. The OCC uses enforcement actions against banks to require the board of directors and management to take timely actions to correct the… Read More

October 21, 2026 @ 11:11 am By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has posted its final rules for stablecoin regulation under the GENIUS Act, which became law in 2025. The OCC falls under the domain of the US Department of the Treasury, which has been working closely on… Read More

October 21, 2026 @ 7:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a final rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. “The GENIUS Act marks a watershed moment in American finance, further… Read More

October 15, 2026 @ 5:22 pm By JD Alois  |  

Debanking, or denying access to financial services, is a nefarious activity that was far too prevalent during the prior administration. Numerous reports indicated that individuals and entities were denied services because of their political leanings or business operations deemed unsavory. Crypto or digital asset firms… Read More

October 14, 2026 @ 12:00 pm By Press Release  |  

This post was originally published on OCC.gov Meets with Impacted Kentucky Coal and Firearm Industry Representatives WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed findings of the Office of the Comptroller of the Currency’s newly-released report on large banks’ debanking activities during a press… Read More

October 14, 2026 @ 7:15 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a report of its findings from its supervisory review of debanking activities at the nine largest national banks it supervises: JPMorgan Chase Bank, Bank of America, Citibank,… Read More

October 13, 2026 @ 4:15 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a $750 million civil money penalty against Bank of America, N.A. (bank), for violations of the Bank Secrecy Act and its implementing regulations, including 12 CFR 21.21… Read More

October 13, 2026 @ 4:15 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a $750 million civil money penalty against Bank of America, N.A. (bank), for violations of the Bank Secrecy Act and its implementing regulations, including 12 CFR 21.21… Read More

October 12, 2026 @ 12:52 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) announced a cease-and-desist order together with a $350 million civil money penalty against American Express National Bank, based in Sandy, Utah. The action stems from longstanding weaknesses in the institution’s Bank Secrecy Act and anti-money laundering… Read More

October 8, 2026 @ 5:30 pm By Press Release  |  

This post was originally published on OCC.gov 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 to close offices in areas of Alabama and Mississippi affected by… Read More

October 8, 2026 @ 4:30 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for deficiencies in the bank’s Bank Secrecy Act (BSA) and… Read More

October 7, 2026 @ 9:00 am By Press Release  |  

This post was originally published on OCC.gov Comptroller affirms support for community banks to combat fraud;Reemphasizes banks’ role on the front lines of protecting consumers WASHINGTON—Comptroller of the Currency Jonathan V. Gould convened a panel of community bankers in Minneapolis, Minnesota, October 6 to discuss… Read More

October 7, 2026 @ 9:00 am By Press Release  |  

This post was originally published on OCC.gov Comptroller affirms support for community banks to combat fraud;Reemphasizes banks’ role on the front lines of protecting consumers WASHINGTON—Comptroller of the Currency Jonathan V. Gould convened a panel of community bankers in Minneapolis, Minnesota, October 6 to discuss… Read More

October 6, 2026 @ 7:38 am By Omar Faridi  |  

Community bankers have taken the Office of the Comptroller of the Currency (OCC) to federal court, arguing that the agency has stretched its chartering power to let cryptocurrency firms enter the banking system under a lighter set of rules than traditional lenders face. On October… Read More

October 5, 2026 @ 4:30 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON–The Office of the Comptroller of the Currency (OCC) today hailed the 2026 update to the U.S. National Strategy for Financial Literacy, underscoring the agency’s commitment to helping Americans develop practical skills to make sound financial decisions, build… Read More

October 1, 2026 @ 1:00 pm By Press Release  |  

This post was originally published on OCC.gov 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 September 1, 2026, through September 30, 2026. Under the CRA, the… Read More

September 30, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $21.6 billion in the second quarter of 2026. The second quarter trading revenue was $5.3 billion, or… Read More

September 29, 2026 @ 4:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today issued a statement on his vote against a joint resolution plan letter from the Federal Deposit Insurance Corporation and the Federal Reserve Board to American Express and reaffirmed the need… Read More

September 28, 2026 @ 1:30 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the importance of a regulatory and supervisory framework that supports the military community in remarks at the Military Banking Summit. Excerpts from Comptroller Gould’s remarks are below. His full… Read More

September 23, 2026 @ 2:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the second quarter of 2026. The OCC Mortgage Metrics Report, Second Quarter 2026 showed that 97.7… Read More