OCC cuts assessment rates for semiannual cycle

The Office of the Comptroller of the Currency (OCC) announced that it will lower assessment rates for the semiannual cycle of September 30, 2025, marking the fifth reduction since 2017. The rate cuts will apply to all OCC-regulated institutions.

According to the agency, the changes include a 30% reduction in the general assessment fee schedule for assets up to $40 billion, a 22% reduction for assets above $40 billion, and a 22% reduction in the independent trust and independent credit card assessment fee schedules.

“Additionally, the OCC is decreasing the hourly fee for special examinations and investigations to $137 from $176. The decrease will still allow the OCC to recover the cost of conducting special examinations and investigations,” the Agency’s press release stated.

“The OCC is operating more efficiently through a diligent effort to modernize its approach to bank supervision, leverage technology, and refocus our supervisory priorities on material financial risks,” said Comptroller of the Currency Jonathan V. Gould. “The OCC is passing cost savings on to our regulated institutions so they may better support a thriving U.S. economy. We will continue to advance a strong and effective regulatory framework that promotes economic growth and minimizes burden to banks.”