Scammers exploit the increased financial activity during the holiday season to carry out a range of fraudulent schemes. Read how to guard against gift card fraud and scams. #safemoney https://lnkd.in/ebQjYiUK
Office of the Comptroller of the Currency
Banking
Washington, DC 69,965 followers
The OCC ensures banks operate in a safe and sound manner and provide fair access to financial services.
About us
The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations. The OCC also supervises the federal branches and agencies of foreign banks. Our goal in supervising banks and federal savings associations is to ensure that they operate in a safe and sound manner and in compliance with laws requiring fair treatment of their customers and fair access to credit and financial products. The OCC is an independent bureau of the U.S. Department of the Treasury. The President, with the advice and consent of the U.S. Senate, appoints the Comptroller to head the agency for a five-year term. The Comptroller also is a director of the Federal Deposit Insurance Corporation and NeighborWorks® America. Headquartered in Washington, D.C., the OCC has four district offices to supervise the international activities of national banks. The OCC's nationwide staff of bank examiners conducts on-site reviews of national banks and federal savings associations (or federal thrifts) and provides sustained supervision of these institutions’ operations. More about the OCC is available on www.occ.gov. Information about careers with the OCC is available at careers.occ.gov OCC’s Social Media Community Guidelines: https://occ.gov/about/policies/social-media-community-guidelines.html
- Website
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https://www.occ.gov/
External link for Office of the Comptroller of the Currency
- Industry
- Banking
- Company size
- 1,001-5,000 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 1863
- Specialties
- Risk Management, Bank Supervision, Bank Regulation, and Economics
Locations
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Primary
Get directions
400 7th St SW
Washington, DC 20024, US
Employees at Office of the Comptroller of the Currency
Updates
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Read about the condition of the federal banking system and the OCC’s work to maintain trust in banking. occ.gov/2024AnnualReport
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The OCC uses enforcement actions to require banks to correct deficiencies or violations and reinforce individuals’ accountability for conduct regarding the affairs of a bank. Read about the actions announced in December 2024. https://lnkd.in/dFDfG-Jc
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The OCC took action today against USAA Bank based on unsafe or unsound practices relating to management, earnings, information technology, consumer compliance, and internal audit and suspicious activity reporting violations. https://lnkd.in/eSTAifDY
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Consumer financial health often is correlated with demographic characteristics. Focusing on financial health could enable banks to better meet the financial services needs of underserved populations. https://lnkd.in/eAQQX8Eg
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The OCC’s virtual community bank director workshops provide practical training and guidance on emerging risks and banking trends. Learn more and register at https://lnkd.in/ecKVRdJQ
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Read about the condition of the federal banking system in the OCC’s Semiannual Risk Perspective. The report presents data on the operating environment, bank performance & trends in key risks. https://lnkd.in/eKxgJJ_N
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The Community Reinvestment Act requires the annual disclosure of small business, small farm and community development lending data. Read more at https://lnkd.in/eztx5JT5
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Banks need to carefully guard against fraud, which can exist in any part of a payment transaction. Payment card risks vary depending on the bank’s role, the types of payment cards that the bank issues, the payment card transactions that the bank processes, and the bank’s use and oversight of third parties.
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Opportunity zone activities may be used to support a bank’s community and economic development strategies. Info at https://lnkd.in/g3feYDk
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