Office of the Comptroller of the Currency

Address: 400 7th St. SW

City: Washington

State: district of columbia

Zip: 20219

Country: US

The OCC ensures that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations. We Supervise &a; Examine The OCC provides high-quality, fair, and balanced supervision to its chartered banks. Our well-trained examiners conduct on-site reviews of banks and provide ongoing supervision of the banks&s; operations. Examiners meet with bank management and the bank&s;s board of directors throughout the supervisory cycle to obtain information or discuss issues. The "Bank Supervision Process" booklet of the Comptroller&s;s Handbook describes our risk-based approach to bank examinations and details virtually all aspects of bank supervision. We Regulate &a; Enforce The OCC is the primary regulator of banks chartered under the National Bank Act and federal savings associations chartered under the Home Owners&s; Loan Act. The OCC issues rules and regulations that govern the banks it supervises. The agency takes supervisory actions against banks that do not comply with these statutes or that otherwise engage in risky practices. The "Supervisory Actions" section of the "Bank Supervision Process" booklet of the Comptroller’s Handbook outlines the actions that the OCC may take. We Charter &a; License Financial institutions follow an in-depth application process to be chartered as an OCC-supervised bank. Chartered banks apply to the OCC to make substantial changes to their activities or structure. The OCC evaluates the applications to make sure banks&s; corporate structures are established and maintained in accordance with the principles of a safe and sound banking system. Our licensing department works closely with the agency&s;s supervisory and legal divisions to render independent decisions regarding applications. We Protect Consumers &a; Communities Ensuring fair access and equal treatment to bank customers is a fundamental part of the OCC&s;s mission. The OCC helps banks be leaders in safe and sound community development financing and making financial services accessible to underserved communities and consumers. OCC examiners make sure banks comply with consumer banking laws. The OCC operates HelpWithMyBank, a website that assists bank customers with common banking questions and lets them file complaints against a national bank or federal savings association.

Contact Phone:
+12026496800

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