OCC to Consider Debanking in CRA Ratings, Bank Licensing

OCC to consider debanking in CRA ratings, bank licensing

Comptroller of the Currency Jonathan Gould said in March he’d “shine a spotlight” on debanking. His agency now plans to keep it in mind amid CRA evaluations and licensing.

Week of Sept. 8 – Oklahoma Bankers Association

In This Issue… From Adrian’s desk … OCC issues information on ‘debanking’ FinCEN releases guidance on foreign information sharing Save the date: OBA convention, senior management events set for 2026 OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! •        •         • I visited some banks last week and enjoyed the experience of having …

OCC to Consider Banks’ Debanking Activities in Licensing and CRA Ratings

The Office of the Comptroller of the Currency (OCC) released two bulletins to banks Monday (Sept. 8), saying in a press release that with these and other actions, it aims to “depoliticize banking” and eliminate “unlawful debanking” in the federal banking system. One bulletin, “Licensing and Community Reinvestment Act: Consideration of Politicized or Unlawful Debanking,” said that the OCC assesses debanking considerations when evaluatin…

OCC: 'debanking' will factor into CRA, license applications

The Office of the Comptroller of the Currency said in a bulletin to banks that it will consider whether firms engaged in "politicized or unlawful debanking" when considering bank's licensing applications and Community Reinvestment Act reviews.