Latest Compliance - OCC Topics

Timeline of OCC Regulatory and Supervisory Responses to COVID-19

02/07/2021

Where can we access a timeline of OCC regulatory and supervisory responses to COVID-19?

OCC Examiners

01/31/2021

How many OCC examiners are there?

Comptroller’s Handbook Series

01/24/2021

How is the Comptroller’s Handbook organized?

Comptroller’s Handbook

01/17/2021

What is the Comptroller’s Handbook?

Required Number of Counseling Letters (Overdraft)

06/03/2013

I have recently been put in charge of our Overdraft Management program, but I am fairly new with the program rules/regs. We are sending what seems to me to be a lot of counseling letters to our overdrawn customers. Is there a clear-cut answer on how many counseling letters we are required to send customers?

Minimum Training Allowed for Bank Employees

03/04/2013

When training bank employees, what is the minimum training allowed? We are getting a new core this year and it is going to monopolize a lot of time training for it. We want to stay within the legal guidelines and maintain a curriculum, but need to streamline it for core training purposes.

Compliance Related Attention Deficit Disorder

12/24/2012

OCC Checking Acct. in Minor Name as Joint w/Adult?

06/25/2012

Can a savings bank, which is now regulated by the OCC, establish a checking account for a 16 year old, in the Minor's name, as a joint account with the dad. The funds are provided by the dad for gas and other misc. expenses. The balance is very small.

Disclosure of Financial & Other Info by National Banks

04/30/2012

Title 12, Part 18 (Disclosure of Financial and Other Information by National Banks) requires national banks to display signage about the availability of the annual financial disclosure statement. I work for a formerly OTS-regulated federal thrift now regulated by the OCC. Isn't my bank now subject to this requirement?

New Dodd-Frank Rules on Two Opt-In/Out Forms

01/02/2012

In reviewing the new Dodd-Frank rules regarding Deposit-Related Consumer Credit Products, (more specifically Overdraft Protection Programs) it appears that banks must now have two Opt-In/Out forms for the customer, one for Reg E requirement and one for Checks/ ACH. We have been asking some other banks to see if this is their interpretation and we have been getting a wide range of responses. Can you clarify this for us?