Exception Tracking Spreadsheet (TicklerTrax™)
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OCC announces 2022 fees and assessments
OCC Bulletin 2021-58, issued Wednesday, announced to national banks, federal savings associations, and federal branches and agencies of foreign banks the fees and assessments to be charged by the OCC in calendar year 2022.
- For the 2022 assessment year, there will be no inflation adjustment to assessment rates.
- The OCC assesses institutions that enter the federal banking system in the time between assessment cycles. Under current policy, the OCC will assess these new entrants to the federal charter on a prorated basis using call report information as of December 31 or June 30 depending on the date the institution enters the federal banking system. Institutions that enter the federal banking system in the time between assessment cycles and have not previously filed call reports will be assessed a prorated fraction of the lowest tier of the general assessment fee schedule, plus any additional assessments due under other assessment categories in 12 CFR 8. The OCC adopted this policy to ensure that supervisory efforts and resources are allocated and aligned once an institution is subject to the jurisdiction of the OCC. This proration policy is in line with the OCC’s refund policy for institutions that leave the federal banking system.
- The OCC is increasing the hourly fee for special examinations and investigations to $155 from $150. The increase is to ensure adequacy in recovering the cost of conducting special examinations and investigations.
Details can be found in Bulletin 2021-58.