Office of the Comptroller of the Currency (OCC)

The Office of the Comptroller of the Currency (OCC) is a part of the U.S. Department of the Treasury. It oversees and regulates national banks and federal savings associations to ensure they operate safely and soundly. The OCC's role includes setting banking rules, enforcing regulations, and protecting consumers' rights. By monitoring these financial institutions, it helps maintain public trust in the banking system and promotes a stable economy. Essentially, the OCC ensures that banks follow laws and manage risks effectively, safeguarding both the banks themselves and the people who use their services.