OCC

OCC: CRA Evaluations Released for 18 National Banks and Federal Savings Associations

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 May 1, 2017 through May 31, 2017. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

OCC: Third and Fourth Quarter 2017 CRA Evaluation Schedule Released

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the third and fourth quarters of 2017. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests that…

OCC: OCC Will Provide Extended Notice for Scheduled CRA Evaluations

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced it will extend the notification timeframe for upcoming Community Reinvestment Act (CRA) evaluations. Beginning with the third quarter notification for 2017, the OCC will post the list of financial institutions in which CRA evaluations are coming due over the next two quarters….

OCC: Thomas J. Curry to Step Down May 5, Keith A. Noreika to Serve as Acting Comptroller of the Currency

WASHINGTON — Comptroller of the Currency Thomas J. Curry will step down on May 5, 2017, and Keith A. Noreika will serve as Acting Comptroller of the Currency. “Serving as Comptroller of the Currency has been the highlight of my career,” said Comptroller Curry. “The Comptroller is a special job and I am proud to…

OCC: CRA Evaluations for 18 National Banks and Federal Savings Associations Released

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 April 1, 2017 through April 30, 2017.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

OCC: New Deputy Comptrollers in Midsize and Community Bank Supervision Announced

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced the selection of Scott Schainost to be Deputy Comptroller for Midsize Bank Supervision and Troy Thornton to be Deputy Comptroller for the OCC’s Southern District. “Scott and Troy bring more than three decades of bank supervision experience each with them to these…

OCC: Upcoming Financial Literacy Events

Financial Literacy Seminar Series in D.C. May 2017 (Washington, D.C.) The Board of Governors of the Federal Reserve System and the Global Financial Literacy Excellence Center (GFLEC) at George Washington University sponsor this initiative bringing together academics, practitioners, policymakers, and other experts to present and discuss cutting-edge research in financial literacy. Financial Coaching Fundamentals and…

OCC: Financial Literacy Event on Capitol Hill Recognizing National Financial Capability Month

WASHINGTON — The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Financial Literacy Day event held on Capitol Hill. The event is the culmination of activities throughout National Financial Capability Month. At today’s event, the OCC staff distributed financial capability materials including the agency’s Financial…

OCC: One-on-One Industry Meetings Announced as Part of Office of Innovation Office Hours

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced it will establish an office dedicated to responsible innovation and implement a formal framework to improve the agency’s ability to identify, understand, and respond to financial innovation affecting the federal banking system. “The OCC supports responsible innovation that enhances the safety and…

OCC: Newsletter Focuses on Innovative Partnerships to Preserve Affordable Housing

WASHINGTON — The Office of the Comptroller of the Currency (OCC) published the latest edition of its Community Development Investments newsletter entitled “Preserving Affordable Housing: Innovative Partnerships.” This issue describes the role of national banks and federal savings associations in preserving America’s affordable rental housing and presents examples of how financial institutions and nonprofit organizations…