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OCC - Office of Comptroller of Currency
05/05/2025 | Press release | Distributed by Public on 05/05/2025 13:24
Bank Activities: Request for Information on Community Bank Digitalization
Summary
Today the Office of the Comptroller of the Currency (OCC) released a request for information (RFI) on community banks' engagement with digitalization.
Note for Community Banks
This request for information applies to all banks1 that may want to comment on the matters in the RFI.
Highlights
The RFI solicits comments on the key challenges and barriers faced by community banks in the adoption and implementation of digital banking solutions.
The RFI is not intended to impose any obligations or define any rights, and it is not an interpretation of any regulation or statute. The OCC's mission is to ensure that banks operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.
Comments must be received within 45 days of publication in the Federal Register.
Further Information
Please contact Gareth Henley, Financial Technology Policy Specialist, Bank Supervision Policy, at (202) 649-5200.
Grovetta N. Gardineer
Senior Deputy Comptroller for Bank Supervision Policy
Related Link
1 "Banks" refers collectively to national banks, federal savings associations, and federal branches and agencies of foreign banking organizations.
OCC - Office of Comptroller of Currency published this content on May 05, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 05, 2025 at 19:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io