Key Data & Statistics

Explore data and statistics about the Office of the Comptroller of the Currency and the federal banking system, licensing activities, enforcement actions, and matters requiring attention.

The OCC and Federal Banking System at a Glance

The data below show the key facts and figures about the Office of the Comptroller of the Currency (OCC) in 2024.

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Employees (full-time-equivalents)

*Data as of June 30, 2024.

Budget authority (in $ billions)

*Data as of June 30, 2024.

All OCC-supervised institutions, total assets (in $ trillions)

*Total assets as of September 30, 2024.

*2024 supervised institution totals as of September 30, 2024.

Supervisory Actions

The tables and graphs below show key licensing and enforcement data.

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Licensing Activities

The OCC’s licensing activities ensure that banks establish and maintain corporate structures in accordance with the principles of safe and sound banking as predicated by law and regulation.

The OCC’s Licensing Division works with the agency’s legal and supervisory departments to render independent decisions supported by a record of facts and financial, supervisory, and legal analyses.

Corporate Application Activity in FY 2024

Application type	Applications received	Approved	Conditionally Approved	Total
Branches	511	496	0	496
Capital/sub-debt	24	15	3	18
Change in bank control	6	0	1	1
Charters	0	1	3	4
Charter conversions*	7	2	2	4
Federal branches	3	0	0	0
Fiduciary powers	2	1	0	1
Mergers	23	17	2	19
Relocations	140	132	0	132
Reorganizations	22	20	2	22
Subsidiaries	11	11	0	11
Substantial change in assets	4	2	3	5
Mutual to stock conversions	3	0	2	2
Total	756	697	18	715

*Conversions to an OCC-regulated bank.

Enforcement Actions

The OCC investigates, litigates, and takes enforcement actions to address unsafe or unsound banking practices and failures in compliance, including compliance with certain consumer protection laws. When warranted, the OCC refers potential criminal acts involving bank-affiliated parties to the U.S. Department of Justice and coordinates with other federal agencies on enforcement efforts involving banks.

The OCC took 36 formal enforcement actions against banks this year, an increase in the number taken over the past several years. The OCC took 11 formal bank actions in 2023, 17 in 2022, 29 in 2021, and 20 in 2020. Oversight, compliance, and operational failures continue to be a focus of formal bank enforcement actions. More than half of the formal bank enforcement actions addressed strategic or capital planning, liquidity risk management, or interest rate risk management.

OCC Enforcement Actions in Fiscal Year 2024

Type of enforcement action	Number	Amount^a
12 USC 1829 notifications	47
Bank CMP	4	$405,000,000
Cease-and-desist order (bank)^b	10
Formal agreement (bank)	22
Notices of charges filed	7
Personal cease-and-desist order	4
Personal CMP	8	$1,120,000
Prompt corrective action directive	0
Removal/prohibition	54
Total	156	$406,120,000

^a Includes only assessed penalties through September 30, 2024, and does not include remediation to customers that the OCC may have required of the bank. Penalties are sent to the Treasury Department.

^b May include instances when multiple charters in a company are subject to the same enforcement action.