What is OCC?

The OCC (“Office of the Comptroller of the Currency”) is an independent bureau of the United States Treasury Department.  It charters, regulates and supervises all national banks. It also supervises the federal branches and agencies of foreign banks.  In its regulatory role, it is similar to the FDIC.

The OCC’s official web site is www.occ.treas.gov.

See also: “FFIEC” (umbrella regulation, including state chartered banks), “FDIC” (federally chartered banks), “the Fed” (U.S. central bank), “NCUA” (credit unions) and “OTS” (savings and loans).

Leave a comment

You must be logged in to post a comment.

Event Log Analyzer by SolarWinds