Office of the Comptroller of the Currency

E10503

banking regulator federal agency of the United States

The Office of the Comptroller of the Currency is a U.S. federal agency that charters, regulates, and supervises national banks and federal savings associations to ensure the safety and soundness of the banking system.

Aliases (2)

Statements (52)

Predicate	Object
instanceOf	banking regulator → federal agency of the United States →
appliesRegulation	consumer compliance regulations for banks → safety and soundness standards for banks →
appointedBy	President of the United States (for the Comptroller of the Currency) →
confirmedBy	United States Senate (for the Comptroller of the Currency) →
cooperatesWith	Consumer Financial Protection Bureau → Federal Deposit Insurance Corporation → Federal Reserve System → state banking regulators in the United States →
country	United States →
employs	attorneys → bank examiners → policy analysts →
follows	United States federal banking laws →
foundedBy	United States Congress →
hasDuty	chartering national banks → ensuring fair access to financial services → ensuring fair treatment of bank customers → ensuring safety and soundness of the national banking system → regulating national banks → supervising national banks →
hasOffice	district offices in the United States → field offices in the United States →
hasOfficialWebsite	https://www.occ.treas.gov →
hasPosition	Comptroller of the Currency →
headedBy	Comptroller of the Currency →
headquartersLocation	Washington, D.C. →
inception	1863 →
issues	cease-and-desist orders → civil money penalties → enforcement actions against banks →
jurisdiction	United States federal government →
languageOfWorkOrName	English →
legalBasis	National Bank Act → National Currency Act →
locatedInTheAdministrativeTerritorialEntity	District of Columbia →
memberOf	Federal Financial Institutions Examination Council →
monitors	asset quality of national banks → capital adequacy of national banks → earnings and liquidity of national banks → management practices of national banks →
parentOrganization	United States Department of the Treasury →
partOf	United States federal financial regulatory system →
publishes	banking regulations and guidance → interpretive letters → supervisory handbooks →
regulates	federal branches of foreign banks in the United States → federal savings associations in the United States → national banks in the United States →
replaces	earlier decentralized national bank supervision structures →
shortName	OCC →

Referenced by (38)

Subject (surface form when different)	Predicate
Bank One Corporation → Bank of America → Capital One → Corporate & Investment Bank → Fifth Third Bank → First Chicago NBD → JPMorgan Chase → Regions Financial Corporation → Truist Financial →	regulator
Secretary of the Treasury → United States Department of the Treasury → United States Department of the Treasury →	oversees
Office of Financial Institutions → Under Secretary for Domestic Finance → Vice Chair for Supervision →	worksWith
Community Reinvestment Act → Community Reinvestment Act →	administeredBy
United States Senate ("Comptroller of the Currency") →	adviceAndConsentFor
President of the United States (for the Comptroller of the Currency) ("Comptroller of the Currency") →	appoints
President of the United States (for the Comptroller of the Currency) →	appointsHeadOf
Federal Deposit Insurance Corporation ("Comptroller of the Currency") →	boardIncludes
Federal Deposit Insurance Corporation →	cooperatesWith
Bank Merger Act of 1960 →	enforcedBy
Board of Directors of the FDIC ("Comptroller of the Currency") →	hasExOfficioMember
First National Bank of Omaha →	hasMainRegulator
Federal Financial Institutions Examination Council →	hasMember
Office of the Comptroller of the Currency ("Comptroller of the Currency") →	hasPosition
Office of the Comptroller of the Currency ("Comptroller of the Currency") →	headedBy
Public Law 95-128, Title VIII →	implementedBy
Financial Stability Oversight Council ("Comptroller of the Currency") →	includesMember
Board of Directors of the FDIC ("Comptroller of the Currency") →	includesPosition
President of the United States (for the Comptroller of the Currency) ("Comptroller of the Currency") →	nominates
Charles G. Dawes ("Comptroller of the Currency of the United States") →	positionHeld
National Bank Note →	regulatedBy
United States federal securities markets →	regulatingAuthority
TD Bank →	regulatoryAuthority
Office of Thrift Supervision →	replacedBy
OCC →	standsFor