An official website of the United States government
Share This Page:
The Litigation Division represents the Office of the Comptroller of the Currency (OCC) in all Federal courts (except the Supreme Court) and in the administrative phase of personnel actions. Below is a list of court decisions of interest, a short summary of each case, and a link to the full text of the decision. We update this list periodically. (Also see OCC Briefs to review some of the significant filings in cases involving the OCC.)
In this case, plaintiff Maria Vullo, in her capacity as Superintendent of the New York State Department of Financial Services ("DFS"), challenged the so-called "Fintech Charter Decision": the purported decision of defendant Office of the Comptroller of the Currency ("OCC") to grant special-purpose national bank ("SPNB") charters to financial technology ("fintech") companies. Defendants have moved to dismiss under Rules 12(b)(1) and 12(b)(6) of the Federal Rules of Civil Procedure for lack of subject matter jurisdiction and failure to state a claim. Since the OCC has not reached a final "Fintech Charter Decision," defendants' 12(b)(1) motion is granted as plaintiff has suffered no injury in fact as required for Article III standing and because plaintiff's claims are not ripe.
In this action, the Conference of State Bank Supervisors (CSBS) challenges the purported Nonbank Charter Decision of the Office of the Comptroller of the Currency and the Comptroller1 (collectively, the OCC). CSBS is a nationwide organization of state banking and financial services regulators from all fifty U.S. states, the District of Columbia, Guam, Puerto Rico, the U.S. Virgin Islands, and American Samoa. Compl. 13, Dkt. 1. The OCC is a bureau of the U.S. Department of the Treasury and functions as the primary supervisor of banks with national charters. Id. 16; see also 12 U.S.C. §§ 1, 26–27 (establishing the OCC and empowering it to grant national bank charters to entities that carry on "the business of banking").
Policy: Bank Enforcement Actions and Related Matters (PDF)
Interpretations and Actions
Enforcement Action Types
Comptroller's Licensing Manual
Freedom of Information Act (FOIA)
Law Enforcement Tools and Resources
Search Enforcement Actions
View Historical Thrift Savings Legal Opinions
Access Historical Advisory Letters
Learn About the Chief Counsel's Office