Office of the Comptroller of the Currency

What Office of the Comptroller of the Currency does

The Office of the Comptroller of the Currency (OCC) is an independent bureau within the U.S. Department of the Treasury, established by the National Bank Act of 1864 and headquartered at 400 7th Street SW, Washington, D.C. It is the oldest federal financial regulator in the United States and serves as the primary federal supervisor of national banks, federal savings associations, and federal branches and agencies of foreign banking organizations. Its core functions are chartering, regulating, and supervising these institutions under the National Bank Act and the Home Owners' Loan Act, with authority to preempt conflicting state regulations. The OCC serves three primary constituencies: supervised financial institutions (which it examines and enforces against), bank customers (consumers filing complaints via HelpWithMyBank.gov), and the broader public (via risk perspective publications and mortgage metrics reporting).

The OCC's technology footprint is built around digital supervision and public-facing tools rather than commercial products. Core systems include BankNet.gov (a resource portal for supervised bankers), HelpWithMyBank.gov (consumer complaint intake), Corporate Applications Search (CAS) for charter applications, an Enforcement Actions Search, a Financial Institution Search, and the Suspicious Activity Report (SAR) program for BSA compliance. The agency publishes the Comptroller's Handbook series, the Semiannual Risk Perspective, the Mortgage Metrics Report (covering ~$2.6 trillion in principal balances across ~10.3 million loans, or ~19.2% of U.S. residential mortgage debt), and the annual Cybersecurity and Financial System Resilience Report. It also delivers in-person Community Bank Director Workshops across regional field offices in New York, San Francisco, Dallas, Denver, Philadelphia (Trevose), Louisville, and Columbus, with 60+ instructors carrying 1,300+ combined years of experience.

Unlike a commercial enterprise, the OCC is funded through supervisory assessments on the institutions it regulates rather than appropriations or fee-for-service revenue. It does not charge consumer-facing fees. Its go-to-market model is regulatory: institutions apply for national charters, the OCC grants or denies them, and ongoing examinations ensure compliance with banking laws and BSA/AML obligations. Recent activity under Comptroller Jonathan V. Gould (32nd Comptroller, sworn in July 2025) has focused on GENIUS Act stablecoin supervision, fintech charter approvals (Mercury, Coinbase, Augustus), Basel III capital revisions with the FDIC and Federal Reserve, and expanded federal preemption actions against state interchange and escrow laws.

Name

Office of the Comptroller of the Currency

Legal name

Office of the Comptroller of the Currency

Website

https://occ.gov

Company type

Private

Founded year

1864

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The OCC is the oldest U.S. federal banking regulator, an independent Treasury bureau that charters, regulates, and supervises national banks, federal savings associations, and federal branches of foreign banks, funded through supervisory assessments on supervised institutions.

Ownership category

akta.pro rank

Product category

Banking Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150)

SIC

Functions Related To Depository Banking, Nec (6099), Finance Services (6199)

akta.pro primary industry

Financial Services Regulators (Banking, Securities, Insurance) (BPAIAOAK)

akta.pro secondary industries

Business Registration & Corporate Affairs (Registries) (BPAIAOAA), Consumer Protection & Product Safety Regulators (BPAIAOAE)

Keywords

• Bank supervision
• Federal banking regulation
• National bank chartering
• Bank examination
• Financial regulatory oversight

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Supervisory Assessments: The OCC is funded primarily through assessments on national banks and federal savings associations. The agency does not charge fees for consumer services. Revenue is derived from annual assessment fees based on the size and risk profile of supervised institutions.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations in the United States. It conducts safety and soundness examinations, issues enforcement actions, provides regulatory guidance through publications such as the Comptroller's Handbook and Semiannual Risk Perspective, and operates digital portals including BankNet (for bankers) and HelpWithMyBank.gov (for consumers) to support compliance and consumer protection.

Product overview

The Office of the Comptroller of the Currency (OCC) is a U.S. federal regulatory agency that does not offer commercial products in the traditional sense. Its primary functions are bank supervision, examination, and regulation of national banks and federal savings associations. The OCC provides various digital resources including BankNet (a banker portal), HelpWithMyBank.gov (consumer assistance), search tools for corporate applications and enforcement actions, and the Suspicious Activity Report program. The OCC publishes guidance through the Comptroller's Handbook, regular reports including the Semiannual Risk Perspective and Mortgage Metrics Report, and consumer education materials through the BankWise series. It also offers Community Bank Director Workshops as an educational program for bank leadership.

Differentiator

Problem solved

Functional benefit

Brands

• BankNet: Resource portal for bankers providing supervision-related information and tools.
• HelpWithMyBank.gov

Products and services

• BankNet
• HelpWithMyBank.gov
• Corporate Applications Search (CAS)
• OCC Financial Institution Search
• Enforcement Actions Search
• Suspicious Activity Report (SAR) Program
• Community Bank Director Workshops
• Comptroller's Handbook
• Semiannual Risk Perspective
• Mortgage Metrics Report
• Digital Assets Licensing Applications

Quantifiable outcome

• 97.5% of mortgages supervised by OCC were current and performing in Q4 2025

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

20 partnerships are on record, tiered core and minor.

• FDICcoreTechnology or Integration · 18 June 2026Joint coordination on stablecoin regulation under the GENIUS Act, requiring permitted payment stablecoin issuers to implement customer identification programs under the Bank Secrecy Act. The OCC, FDIC, Federal Reserve, NCUA, and FinCEN issued a joint notice of proposed rulemaking.
• FinCENcoreTechnology or Integration · 18 June 2026Joint rulemaking on stablecoin issuers under the GENIUS Act, requiring AML/CFT program compliance, sanctions programs, and reporting requirements. FinCEN leads on BSA compliance while OCC provides prudential supervision.
• NCUAcoreTechnology or Integration · 18 June 2026Joint coordination on requiring stablecoin issuers to maintain customer identification programs. Five agencies (OCC, Federal Reserve, FDIC, NCUA, FinCEN) issued coordinated proposed rulemaking.
• Federal Reserve BoardcoreTechnology or Integration · 18 June 2026Joint letter from banking trade groups urging revision of Basel capital proposal, with specific recommendations on risk weights for hedged mortgage servicing assets, market risk frameworks, and implementation timelines.
• FDICcoreTechnology or Integration · 18 June 2026Three major financial trade bodies wrote to U.S. Federal Reserve, FDIC, and OCC urging rework of Basel Endgame global bank capital requirements, warning of potential negative impact on Treasury market liquidity.
• FDICcoreTechnology or Integration · 18 June 2026Jointly proposing revisions to Basel III capital requirements that would allow midsize banks to use simpler capital calculation methods and adjust surcharges for global systemically important banks to align with GDP growth.
• Fidelity Digital AssetsminorChannel Partner/ Reseller/ Distributor · 9 June 2026OCC Interpretive Letter #1192 confirmed Fidelity Digital Assets, N.A. (FDANA) may engage in federally authorized activities nationwide without holding a state money transmitter license, determining state laws were preempted.
• House Financial Services CommitteecoreGTM or Marketing Partner · 4 June 2026OCC Comptroller testified before Congress on deregulatory agenda, presenting plans to scale back post-2008 financial crisis banking rules to boost economic activity without creating systemic risks.
• Hebrew Free Loan SocietyminorStrategic or Co-development Partner · 21 May 2026NYC Comptroller's Office partnership with HFLS to provide up to $8 million in interest-free loans for qualifying small business owners across New York City. OCC oversees banks that may participate in such programs.
• AugustusminorChannel Partner/ Reseller/ Distributor · 11 May 2026Augustus (formerly Ivy) received conditional approval from OCC to establish Augustus Bank, N.A. as the world's first clearing bank for the AI era, built on stablecoin and AI-native core infrastructure.
• KrakenminorChannel Partner/ Reseller/ Distributor · 11 May 2026Augustus serves clients including Kraken as part of its target market for correspondent clearing services. OCC conditionally approved Augustus as an AI-native stablecoin clearing bank.
• Agora FinanceminorChannel Partner/ Reseller/ Distributor · 30 April 2026Agora Finance filed for a national trust bank charter with OCC to enter the U.S. market under the GENIUS Act framework. The company operates AUSD stablecoin currently licensed in Bermuda.
• MercuryminorChannel Partner/ Reseller/ Distributor · 28 April 2026OCC granted conditional approval for Mercury's national bank charter application to establish Mercury Bank. The fintech serves over 300,000 customers with annualized revenue of $650 million.
• FDICcoreTechnology or Integration · 24 April 2026Finalized rule lowering the Community Bank Leverage Ratio from 9% to 8% and extending the grace period from two to four quarters for community banks that temporarily fall out of compliance.
• Electronic Transactions Association (ETA)coreStrategic or Co-development Partner · 24 April 2026ETA applauded OCC action preempting the Illinois Interchange Fee Prohibition Act, stating it provides critical clarity, stability, and legal certainty for the U.S. payments system processing approximately $57 trillion annually.
• Federal Reserve BoardcoreTechnology or Integration · 17 April 2026Joint issuance of revised model risk management guidance (SR 26-2) replacing the 2011 SR 11-7 standard with a more flexible, principles-based approach tailored to institutional risk profiles. The guidance was jointly issued by OCC, Federal Reserve, and FDIC.
• CoinbaseminorChannel Partner/ Reseller/ Distributor · 6 April 2026OCC formally released conditional approval letter for Coinbase's application to operate a limited-purpose national bank focused on digital asset custody under OCC supervision.
• Independent Community Bankers of America (ICBA)coreStrategic or Co-development Partner · 27 March 2026ICBA supports OCC's preemption approach, arguing uniform federal standards are essential for national banks to operate across state lines without conflicting requirements.
• Bank of EnglandminorStrategic or Co-development Partner · 25 February 2026U.S.-UK Financial Regulatory Working Group held its 12th official meeting in Washington, DC, discussing bilateral regulatory cooperation, Transatlantic Taskforce for Markets of the Future, digital asset collaboration, AI in financial services, cybersecurity, and payments modernization.
• FCA (UK Financial Conduct Authority)minorStrategic or Co-development Partner · 25 February 2026U.S.-UK Financial Regulatory Working Group meeting included FCA participation alongside Bank of England, discussing regulatory cooperation on digital assets and emerging financial technologies.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Federal Deposit Insurance Corporation (FDIC): FDIC is a fellow federal banking regulator that insures deposits, supervises state-chartered banks that are not OCC members, and acts as receiver for failed banks. It is the OCC's closest direct peer given the joint rulemaking on Basel III, stablecoins, and model risk management, and complementary but overlapping supervisory authority.
• Board of Governors of the Federal Reserve System: The Federal Reserve Board supervises bank holding companies and state-chartered member banks, and jointly issues regulations with the OCC on capital, model risk, and stablecoins. It is the OCC's primary federal banking peer given shared rulemaking authority over the largest U.S. banks and parent holding companies.
• National Credit Union Administration (NCUA): NCUA charters, regulates, and supervises federal credit unions under a structure analogous to OCC's role for national banks. It is a direct structural peer that jointly participates in interagency rulemaking on stablecoin supervision and BSA/AML compliance.
• Financial Crimes Enforcement Network (FinCEN): FinCEN administers the Bank Secrecy Act and jointly issues AML/CFT rules with the OCC on stablecoin issuers and supervised institutions. It is a direct peer on BSA/AML enforcement and policy, complementing the OCC's prudential supervision with financial crimes enforcement authority.
• Consumer Financial Protection Bureau (CFPB): CFPB enforces federal consumer financial protection laws at banks (including OCC-supervised institutions over $10B in assets) and complements OCC's consumer compliance examination program. It is a direct peer with overlapping but distinct jurisdiction on consumer protection, fair lending, and UDAAP enforcement.

Broad incumbents

• Federal Housing Finance Agency (FHFA): FHFA regulates Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, with supervisory authority that overlaps OCC's mortgage banking supervision. It is a federal financial regulator peer focused on housing finance rather than depository institutions.
• Securities and Exchange Commission (SEC): SEC regulates securities markets, broker-dealers, and investment advisers, with overlapping authority with OCC on digital assets and stablecoins. It is a broad incumbent federal financial regulator with complementary but distinct jurisdiction over capital markets activities at OCC-supervised banks.

Regional players

• Conference of State Bank Supervisors (CSBS): CSBS represents state banking regulators who charter and supervise state-chartered banks in direct competition with OCC-supervised national banks. It is a regional/structural peer that serves as the natural counterpart to OCC at the state level and frequently litigates OCC's preemption determinations.
• Bank of England (Prudential Regulation Authority): The PRA regulates UK banks, building societies, credit unions, and insurers, and partnered with OCC through the U.S.-UK Financial Regulatory Working Group on digital assets, AI, and payments modernization. It is an international peer regulator whose cooperative engagement with OCC signals standards coordination on cross-border banking.

Others

• Commodity Futures Trading Commission (CFTC): CFTC regulates derivatives markets and has emerging jurisdiction over stablecoins and digital asset trading platforms, overlapping with OCC's stablecoin framework. It is an adjacent federal financial regulator with related but distinct authority on the products that OCC-supervised institutions increasingly offer.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/usocc
• YouTubeyoutube.com/user/OCCChannel#p/c/2BAA3C3A20C2630E
• Facebookfacebook.com/100064588517973
• LinkedInlinkedin.com/company/office-of-the-comptroller-of-the-currency

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Office of the Comptroller of the Currency