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The Latest Breaking News from the Office ofComptroller ofCurrency

Is Your Local Bank Closing? Why Branches Are Disappearing Nationwide

Major banks are closing branches across the U.S. Discover what's behind the trend and how it could affect your access to in-person banking.

Kiplinger · Jul 9, 2025

US regulator OCC notifies Congress of major security breach

Around 150,000 emails were accessed, which included plenty of sensitive information.

TechRadar · Apr 9, 2025

Crypto Pumps On News Of Trump's OCC Chief Pick, A Former Bitfury Executive

Crypto prices surged overnight after the White House filed a nomination for Jonathan Gould to lead the OCC, but some crypto users aren't sure the former Bitfury executive's "ties" to BlackRock is good news.

International Business Times · Feb 13, 2025

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Trump Transition Team Considering Streamlining Banking Regulation Agencies

Trump transition team considers consolidating banking oversight agencies to streamline functions and potentially downsize the FDIC.

Citigroup Fined 5.6M For Internal Control Issues

Citigroup faces regulatory fines for internal control issues, impacting CEO's efforts to streamline operations.

Bank CEOs enjoy 6% to 22% pay hikes while several branches close down across America

This news comes alongside reports of the Bank of America, Wells Fargo and Citibank persisting in the closure of branches across the United States.

International Business Times UK · Feb 26, 2024

Ex-Washington Federal bank employee cuts deal with feds, expected to testify

The failure of Washington Federal Bank for Savings has led to criminal charges against 16 people. Among them: former Ald. Patrick Daley Thompson, who was convicted lst year of lying to regulators and filing false income-tax returns.

Chicago Sun-Times · May 17, 2023

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