Office of the Comptroller of the Currency (OCC)

The Office of the Comptroller of the Currency (OCC) is a regulatory agency within the U.S. Department of the Treasury that supervises and regulates national banks and federal savings associations. Its primary mission is to ensure the safety and soundness of these institutions and to promote stability in the financial system.

The OCC accomplishes this by conducting regular examinations and assessments of banks to assess their compliance with laws, regulations, and best practices. It also sets standards for risk management, capital adequacy, and consumer protection. Additionally, the OCC issues charters to new banks, approves mergers and acquisitions, and enforces laws related to money laundering and terrorism financing. By effectively overseeing the operations and activities of national banks, the OCC plays a crucial role in maintaining the integrity and stability of the U.S. banking system.

Discover Our Solutions

Exploring our solutions is just a click away. Try our products or have a chat with one of our experts to delve deeper into what we offer.