OCC Begins Roll-Out of Web-Based System for Licensing and Public Welfare Investment Filings

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today launched the agency’s Central Application Tracking System (CATS), which is the OCC’s new web-based system for banks to file licensing and public welfare investment applications and notices.

CATS will help authorized national banks, federal savings associations, and federal branches and agencies to draft, submit, and track licensing and public welfare investment applications and notices. The system also allows OCC analysts to receive, process, and manage those applications and notices. CATS replaces e-Corp and CD-1 Invest, the current OCC electronic filing systems.

The OCC plans to roll out institutions’ access to CATS in three phases. The first phase beginning today includes banks that are frequent electronic filers with the OCC.  The second and third phases of the roll-out of CATS are scheduled to begin in spring 2017.  OCC staff notifies institutions about which phase they are assigned to several weeks before the phase rolls out.

Related Link

• OCC Bulletin 2016-37, “OCC’s New System for Licensing and Public Welfare Investment Filings”