Links in “OCC”

OCC spokesperson provides more details about the joint agencies' recently announced plans for cybersecurity risk assessments, including timeframe, whether they'll be standalone exams or part of the safety and soundness exams, etc. [5/12]

Remarks by OCC comptroller Thomas Curry promotes actions undertaken to ensure that financial crisis doesn't happen again. Key topics include: risk management, internal audit, and governance in large national banks. [5/9]

The OCC promoted small business lending as part of the State Small Business Credit Initiative (SSBCI) Conference in effort to supporting efforts to fund small business finance programs, which leverage private bank loans or provide venture capital funds. [5/2]

The OCC released its ratings for 41 covered banks for the month of April rating 5 Outstanding and 36 Satisfactory. [5/2]

The OCC reminds member banks on guidance to assist financial institutions and customers affected by extreme weather, such as the recent tornadoes in the south central and central United States. Promoted alternatives included such actions as reducing or waiving ATM fees and other penalties, restructuring debt obligations, expediting lender decisions and reevaluation of community credit needs. [4/30]

The Office of the Comptroller of the Currency published a notice of proposal for increasing assessments on national banks and federal savings associations with total assets over $40 billion. The proposed 14.5% increase would take affect 9/30/2014. [4/28]

The OCC reported strong loan growth among community national banks and federal savings associations located in the nine states that make up the OCC’s Southern District from 2012 to 2013. Growth levels were 4% in 2013 led by the 11% growth in Texas and Oklahoma from oil and gas lending as well as 7% growth for Florida. [4/23]

ABA takes exception to Comptroller's speech for giving "uncalled-for criticism of the banking industry" for cybersecurity breaches, rather than a call for vendors to step up their game. [4/21]

Includes 5 cease and desist orders issued including 2 restitution orders (Bank of America/FIA), 4 CMPs, a formal action and termination actions for C&Ds, and formal actions for 16 banks. [4/21]

OCC Comptroller Curry speaks to rising risks and trickling effect of cybersecurity for banks of all sizes and issues cautions and reminders for sound IT management to protect consumer trust and data. [4/17]