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News Stories (7 Results) - OCC

Bank regulatory agencies requested comment on a proposal to increase the strength and resilience of the banking system. The proposal would modify large bank capital requirements to better reflect underlying risks and increase the consistency of how... Read Story
July 28, 2023, 08:00 AM

The Office of the Comptroller of the Currency (OCC) selected Kelly Skalicky, CEO and president, Stearns Bank along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The primary... Read Story
March 24, 2021, 07:30 AM

The Office of the Comptroller of the Currency (OCC) issued a rule that determines when a national bank or federal savings association (bank) makes a loan and is the “true lender,” including in the context of a partnership between a bank and a third... Read Story
October 28, 2020, 09:00 AM

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. In letters to the National League of Cities, the U.S. Conference of Mayors, and... Read Story
June 03, 2020, 09:31 AM

New York has filed a court challenge against the Office of the Comptroller of the Currency’s decision to begin granting special-purpose national bank charters to a class of undefined “fintech” companies, including companies that do not accept... Read Story
September 17, 2018, 08:11 AM

The Office of the Comptroller of the Currency (OCC) announced it will begin accepting applications for national bank charters from nondepository financial technology (fintech) companies engaged in the business of banking.“Over the past 150 years... Read Story
August 02, 2018, 08:00 AM

Competitive pressures from banks and nonbanks are contributing to easing in underwriting, increasing the risk that sound pricing structures and practices may be compromised, according to a new report from the Office of the Comptroller of the Currency... Read Story
May 29, 2018, 09:00 AM