Tagged: occ

November 12, 2026 @ 3:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today reported the key issues facing the federal banking system in the Semiannual Risk Perspective for Fall 2026. The OCC highlighted credit, market, compliance, and operational risks, as key… Read More

November 9, 2026 @ 2:24 pm By JD Alois  |  

Coinbase (NASDAQ: COIN) is now a federally regulated national trust company, having received approval from the Office of the Comptroller of the Currency (OCC). Coinbase stated that Coinbase National Trust Company (CNTC) will allow it to bring “federal uniformity” to its custody capabilities. Coinbase may also… Read More

November 5, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2025. The Community Reinvestment Act regulations require the agencies to… Read More

November 5, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2025. The Community Reinvestment Act regulations require the agencies to… Read More

November 4, 2026 @ 6:30 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a framework for its bank examination workforce on banks’ use of Super Intelligence (SI). Banks have a long history of utilizing new technologies to improve operational efficiencies… Read More

November 3, 2026 @ 9:48 am By Omar Faridi  |  

Block (NYSE: XYZ), the fintech company led by Jack Dorsey, is accelerating efforts to reposition its Cash App from a popular peer-to-peer payments tool into users’ main financial hub. The strategy centers on attracting “modern earners”—including gig-economy workers, cryptocurrency enthusiasts, and individuals historically underserved by… Read More

November 2, 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 a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 1, 2026, through October 31, 2026. Under the CRA, the… Read More

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

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today submitted a letter to the California Air Resource Board (CARB) addressing the serious legal and policy concerns raised by two California climate disclosure laws. In light of these… Read More

October 29, 2026 @ 2:49 am By Omar Faridi  |  

Ripple has received final authorization from the Office of the Comptroller of the Currency to establish Ripple National Trust Bank, a federally supervised national trust bank. CEO Brad Garlinghouse shared the development on X on October 26, 2026, describing it as a major step that… Read More

October 27, 2026 @ 2:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work to help community banks thrive and remain dynamic as the financial industry evolves in remarks before the Ohio Bankers… Read More

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