Part of the U.S. Treasury department. The OCC is the primary regulator for banks with national charters.
The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks. It also supervises the federal branches and agencies of foreign banks. Headquartered in Washington, D.C., the OCC has four district offices plus an office in London to supervise the international activities of national banks.
(OCC) The agency that supervises the administrative and investment policies of the nationally chartered banks in the U.S. Every national bank is examined on a periodic basis by the OCC and is required to file a Statement of Condition at least four times a year.
Established as a bureau of the Treasury Department, the Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks. It also supervises the federal branches and agencies of foreign banks.... read full article
Federal office responsible for regulating nationally chartered banks.
examines, regulates, and supervises national banks
In the United States, a bureau of the federal Department of the Treasury that is responsible for regulating national banks.
An arm of the Treasury that is the chief regulator of national banks. It is also a director of the FDIC.( www.occ.treas.gov)
This division of the U.S. Treasury Department is responsible for the examination and supervision of national banks.
An independent bureau of the Treasury Department and the oldest federal financial regulatory body. The OCC oversees the nation's federally chartered banks and promotes a system of bank supervision and regulation that: promotes safety and soundness by requiring that national banks adhere to sound management principles and comply with the law; and encourages banks to satisfy customer and community needs while remaining efficient competitors in the financial services market.
founded in 1863, it is one of the agencies of the Department of the Treasury. The office is headed by the Comptroller of the Currency, and the agency is responsible for administering federal banking laws and supervising the activities of the 4,700 national banks. In addition, the Comptroller directs a staff of 2,100 bank examiners, who investigate to make sure that all the national banks are financially secure and operating well.
A bureau of the U.S. Treasury Department designed to safeguard bank operations and the public interest through its general supervision over the operations of national banks.
The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. Currently the Comptroller of the Currency is John Dugan.
