Office of the Comptroller of the Currency

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Office of the Comptroller of the Currency
- OCC -

Flag of the United States Comptroller of the Currency.svg
State level Federation
Supervisory authority United States Treasury Department
founding 1863
Headquarters Washington, DC
Authority management Joseph Otting
Servants 3104 (2009)
Web presence www.occ.treas.gov

The Office of the Comptroller of the Currency (OCC) is an agency of the federal government of the United States in the business of the United States Treasury . It was established by Congress in 1863 as part of the banking and currency reforms ( National Currency Acts ) at the time. Since its inception, her responsibilities have included overseeing the national credit system, including checking the payment, competitiveness and functionality of US credit institutions. The OCC has 70 offices in the United States and an international office in London .

The authority is headed by the comptroller , who is appointed by the President of the United States on a proposal by the Senate for a period of five years and who is also a board member of the Federal Deposit Insurance Corporation , the national deposit insurance fund , and the board of directors of the national society for the advancement of urban development NeighborWorks America presides. Acting (31st) Comptroller of the Currency has been Joseph Otting since 2017.

Web links

Individual evidence

  1. www.occ.treas.gov About OCC. Accessed May 9, 2014.
  2. ^ Joseph Otting, former banker, sworn in as top US bank regulator . In: Reuters . November 27, 2017 ( reuters.com [accessed March 1, 2019]).

Coordinates: 38 ° 53 '2.5 "  N , 77 ° 1' 15.3"  W.