FACTOID # 10: The total number of state executions in 2005 was 60: 19 in Texas and 41 elsewhere. The racial split was 19 Black and 41 White.
 
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Encyclopedia > Office of the Comptroller of the Currency

The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. Currently the Comptroller of the Currency is John Dugan. Image File history File links Wiki_letter_w. ... Image File history File links OCC_Logo. ... It has been suggested that this article be split into multiple articles accessible from a disambiguation page. ... The term national bank has several meanings: especially in developing countries, a bank owned by the state an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) In the past, the term national bank has been used synonymously with central bank, but it is... John C. Dugan John C. Dugan is the current and 29th Comptroller of the Currency for the U.S. Department of the Treasury. ...


Headquartered in Washington, D.C., it has four district offices located in New York City, Chicago, Dallas and Denver. It has an additional 48 field offices throughout the United States, and a London office to supervise the international activities of national banks. It is a bureau of the United States Department of the Treasury and is headed by the Comptroller of the Currency. The OCC fulfills four main objectives: Nickname: DC, The District Motto: Justitia Omnibus (Justice for All) Location of Washington, D.C., in relation to the states Maryland and Virginia Coordinates: Federal District District of Columbia  - Mayor Adrian M. Fenty (D)  - City Council Chairperson: Vincent C. Gray (D) Ward 1: Jim Graham (D) Ward 2: Jack Evans... This article is about the capital of England and the United Kingdom. ... The French word bureau, which originally referred to an office, can in English refer to: a sort of desk with drawers, such as a writing table or a pedestal desk the Bureau Mazarin is a 17th century desk form named after Cardinal Mazarin a public office or government agency the... The United States Department of the Treasury is a Cabinet department and the treasury of the United States government. ... The United States Comptroller of the Currency is the head of the Office of the Comptroller of the Currency. ...

  • ensures the safety and soundness of the national banking system;
  • fosters competition by allowing banks to offer new products and services;
  • Improves the efficiency and effectiveness of OCC supervision especially to reduce the regulatory burden; and
  • ensure fair and equal access to financial services to all Americans.

The OCC participates in interagency activities in order to maintain the sanctity of the national banking system. By monitoring capital, asset quality, management, earnings, liquidity, sensitivity to market risk, information technology, consumer compliance, and community reinvestment, the OCC is able to determine whether or not the bank is operating safely and soundly, and meeting all regulatory requirements. The OCC was created in order to instill confidence in the National Banking system and protect consumers from misleading business practices. Competition is the act of striving against another force for the purpose of achieving dominance or attaining a reward or goal, or out of a biological imperative such as survival. ... In politics, a capital (also called capital city or political capital — although the latter phrase has a second meaning based on an alternative sense of capital) is the principal city or town associated with a countrys government. ... The term management characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). ... Market liquidity is a business or economics term that refers to the ability to quickly buy or sell a particular item without causing a significant movement in the price. ... Market risk is the risk that the value of an investment will decrease due to moves in market factors. ... This article does not cite its references or sources. ... The Community Reinvestment Act (or CRA, Pub. ...


Other regulatory agencies like the OCC include: the Federal Deposit Insurance Corporation (of which the Comptroller serves as a director), the Federal Reserve, the Office of Thrift Supervision, and the National Credit Union Administration. The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency created by the Glass-Steagall Act of 1933. ... The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States. ... The Office of Thrift Supervision (OTS), an agency in the U.S. Treasury Department, is the primary regulator of federal savings associations (sometimes referred to as federal thrifts). ... The National Credit Union Administration (NCUA) is the United States federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith...


The Comptroller also serves as a director of the Neighborhood Reinvestment Corporation The Neighborhood Reinvestment Corporation, also known as NeighborWorks America, is a national public/private neighborhood redevelopment organization. ...


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