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| {{Organization
| | #REDIRECT [[Office of the Comptroller of the Currency]] |
| |OrganizationName=Office of the Comptroller of the Currency
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| |OrganizationType=Government
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| |Mission=To ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations. The OCC seeks to foster a stable and competitive banking system.
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| |OrganizationExecutive=Michael J. Hsu, Acting Comptroller of the Currency
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| |Employees=Approximately 4,000
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| |Budget=Self-funded through assessments on supervised institutions; $1.2 billion (FY 2023 estimate)
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| |Website=https://www.occ.gov
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| |Services=Chartering; Supervision; Regulation
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| |ParentOrganization=Department of the Treasury
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| |TopOrganization=Department of the Treasury
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| |CreationLegislation=[https://www.loc.gov/law/help/statutes-at-large/37th-congress/session-3/c37s3ch58.pdf National Currency Act of 1863]
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| |Regulations=Bank Secrecy Act; National Bank Act; Home Owners' Loan Act
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| |HeadquartersLocation=38.8977° N, 77.0365° W
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| |HeadquartersAddress=400 7th Street SW, Washington, DC 20219
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| }}
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| '''Office of the Comptroller of the Currency (OCC)''' is an independent bureau within the U.S. Department of the Treasury, responsible for chartering, regulating, and supervising all national banks and federal savings associations.
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| {{Official URL (simple)|url=https://www.occ.gov}}
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| == Mission ==
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| The OCC's mission is to ensure a safe, sound, and competitive national banking system that supports economic growth while protecting consumers. It accomplishes this by chartering banks, supervising their operations, and enforcing compliance with banking laws and regulations, with a focus on financial stability, consumer protection, and fair access to financial services.
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| == Parent organization ==
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| The OCC is part of the [https://home.treasury.gov U.S. Department of the Treasury], but it operates with significant independence.
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| == Legislation ==
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| The OCC was established by the [https://www.loc.gov/law/help/statutes-at-large/37th-congress/session-3/c37s3ch58.pdf National Currency Act of 1863], which was later supplanted by the National Bank Act, setting the foundation for the national banking system.
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| == Partners ==
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| - Federal Reserve System
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| - Federal Deposit Insurance Corporation (FDIC)
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| - Consumer Financial Protection Bureau (CFPB)
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| == Number of employees ==
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| The OCC employs approximately 4,000 people.
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| == Organization structure ==
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| * '''Office of the Comptroller''' oversees all operations.
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| * '''Large Bank Supervision''' manages oversight of the largest banks.
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| * '''Midsize and Community Bank Supervision''' focuses on smaller institutions.
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| * '''Policy Analysis''' develops regulations and policy.
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| == List of programs ==
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| * Bank Supervision Process
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| * Community Reinvestment Act (CRA) Evaluations
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| * Financial Inclusion Initiatives
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| == Last total enacted budget ==
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| The OCC is self-funded through assessments on the banks it supervises, with an estimated budget of $1.2 billion for FY 2023.
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| == Leader ==
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| Michael J. Hsu serves as the Acting Comptroller of the Currency.
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| == Services provided ==
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| The OCC provides services like chartering new national banks, supervising banks to ensure they operate safely and soundly, enforcing consumer protection laws, and setting regulations for banking operations. It also issues legal interpretations and takes enforcement actions against non-compliant banks.
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| == Regulations overseen ==
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| The OCC oversees regulations under various laws like the Bank Secrecy Act, the National Bank Act, and the Home Owners' Loan Act, managing aspects like capital requirements, lending practices, and consumer rights related to banking services.
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| == Headquarters address ==
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| 400 7th Street SW, Washington, DC 20219
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| == Website ==
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| https://www.occ.gov
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| == Wikipedia article ==
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| wikipedia:Office of the Comptroller of the Currency
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| <references>
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| <ref>https://www.occ.gov</ref>
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| <ref>https://en.wikipedia.org/wiki/Office_of_the_Comptroller_of_the_Currency</ref>
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| <ref>https://www.occ.gov/publications-and-resources/publications/comptrollers-handbook/files/bank-supervision-process/pub-ch-bank-supervision-process.pdf</ref>
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| </references>
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