NDBA - North Dakota Bankers Association
09/03/2025 | Press release | Distributed by Public on 09/03/2025 08:06
OCC Reduces Assessment Rates
The OCC has announced it would reduce assessment rates for the September 30, 2025 semiannual assessment. The OCC says this is the fifth decrease in assessments since 2017, and it will apply to all OCC-regulated institutions.
The OCC says it has "reduced the rates in the general assessment fee schedule by 30 percent for assets up to $40 billion and 22 percent for assets above $40 billion, and reduced the rates in the independent trust and independent credit card assessment fee schedules by 22 percent.
"Additionally, the OCC is decreasing the hourly fee for special examinations and investigations to $137 from $176. The decrease will still allow the OCC to recover the cost of conducting special examinations and investigations," an agency release states.
"The OCC is operating more efficiently through a diligent effort to modernize its approach to bank supervision, leverage technology, and refocus our supervisory priorities on material financial risks," said Comptroller of the Currency Jonathan V. Gould. "The OCC is passing cost savings on to our regulated institutions so they may better support a thriving U.S. economy. We will continue to advance a strong and effective regulatory framework that promotes economic growth and minimizes burden to banks."
The OCC says it has "reduced the rates in the general assessment fee schedule by 30 percent for assets up to $40 billion and 22 percent for assets above $40 billion, and reduced the rates in the independent trust and independent credit card assessment fee schedules by 22 percent.
"Additionally, the OCC is decreasing the hourly fee for special examinations and investigations to $137 from $176. The decrease will still allow the OCC to recover the cost of conducting special examinations and investigations," an agency release states.
"The OCC is operating more efficiently through a diligent effort to modernize its approach to bank supervision, leverage technology, and refocus our supervisory priorities on material financial risks," said Comptroller of the Currency Jonathan V. Gould. "The OCC is passing cost savings on to our regulated institutions so they may better support a thriving U.S. economy. We will continue to advance a strong and effective regulatory framework that promotes economic growth and minimizes burden to banks."
NDBA - North Dakota Bankers Association published this content on September 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 03, 2025 at 14:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]