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Licensing and Enforcement Measures

Categories FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
Branches 1,439 1,765 1,645 1,872 1,673 1,251 906 812 917 844 696 380 353 357
Capital/sub-debt 119 136 141 167 135 170 303 269 224 174 97 82 83 43
Change in bank control 16 16 17 9 8 5 15 8 4 10 8 14 12 9
Charters 29 31 26 47 32 33 21 17 6 2 2 2   1
Charter conversions 19 21 15 15 25 7 13 4 8 5 12 8 6 5
Federal branches 4 4 2 3 1 3 1 2 2 5   1    
Fiduciary powers 37 22 22 30 6 11 16 13 9 16 7 5 2 2
Mergers 61 90 69 62 49 46 57 71 70 98 92 102 75 78
Relocations 236 288 259 274 277 291 230 168 187 197 190 223 201 189
Substantial change in assets     4 3 4 5 6 4 2 26 27 17 21 5
Subsidiaries 85 81 23 27 14 23 57 58 107 148 48 46 18 46
Operations       5 2   3   31 35 4 4    
Stock appraisals   1 2   2 1 1              
LTD NB upgrade       5 2   3   1          
Bylaw/charter (FSAs only)                 8 73        
Sasser/conversions out                 9 38        
Mutual to stock conversions                     3 4 5 2
Reorganizations (national banks only) 115 137 116 123 108 111 81 49 71 53 53 44 62 31
Total 2,160 2,592 2,341 2,637 2,336 1,957 1,710 1,475 1,656 1,724 1,239 932 838 768

Licensing actions and timelines, national banks and FSAs, FY 2015 and FY 2016

    FY 2015 FY 2016
      Within target   Within target
  Target time frames in days* Number of decisions Number Percent Number of decisions Number Percent
Branches 45/60 326 321 98 316 315 100
Capital/sub-debt 15/45 67 65 97 46 44 96
Change in bank control NA/120 11 11 100 9 9 100
Charters 45/60 0 0 -- 1 1 100
Charter conversions 60/120 7 7 100 2 2 100
Federal branches NA/120 0 0 -- 1 1 100
Fiduciary powers 30/60 2 2 100 3 3 100
Mergers 45/60 66 66 100 69 67 97
Relocations 45/60 200 192 96 165 162 98
Reorganizations 45/60 47 42 89 32 32 100
Subsidiaries 30/60 20 20 100 32 30 94
Substantial change in assets NA/60 16 15 94 9 9 100
Mutual to stock conversions NA/60 5 4 75 2 2 100
Total   767 745 97 687 677 98

Note: Most of the decisions (95 percent in 2015 and 93 percent in 2016) were made in the district offices and Large Bank Licensing under delegated authority. Decisions include approvals, conditional approvals, and denials. NA means not applicable.

* Certain filings qualify for “expedited review” and are subject to the shorter time frames listed above. The longer time frames are for standard review of more complex applications. The target time frame may be extended if the OCC needs additional information to reach a decision, permits additional time for public comment, or processes a group of related filings as one transaction.

  2012 2013 2014 2015 2016
Received 10 8 14 12 9
Acted on 6 6 9 11 9
Not disapproved 6 6 9 11 9
Disapproved 0 0 0 0 0
Withdrawn 0 0 0 1 0
Total 22 20 32 35 27

OCC enforcement actions, FY 2016

Type of enforcement action Number Amount
12 USC 1829 removal 42  
Bank civil money penalties 15 $ 226,483,300
Bank restitution to customers by order 2 $ 2,500,000
Capital restoration plan 2  
Cease-and-desist orders 16  
Formal agreements 11  
IAP restitution to bank by order 7 $ 1,873,210
Letters of reprimand 34  
Memorandums of understanding 6  
Orders of investigation 4  
Part 19K suspensions 1  
Part 3 individual minimum capital ratio 10  
Personal cease-and-desist orders 6  
Personal civil money penalties 19 $ 11,100,00
Regulator conditions in writing 21  
Removals/prohibitions 26  
Safety and soundness plans 6  
Supervisory conditions in writing 3  
Total 231 241,956,510

Applications presenting CRA issues decided, FY 2016

Bank, city, state Approval date Document number
Sunshine Bank, Plant City, Fla. October 28, 2015 CRA decision No. 170
Community Bank, NA, Canton, N.Y. November 12, 2015 CRA decision No. 171
HSBC USA NA, McLean, Va. February 11, 2016 CRA decision No. 172
First Federal Bank of Kansas City, Kansas City, Mo. February 26, 2016 CRA decision No. 173
MB Financial Bank, NA, Chicago, Ill. July 19, 2016 CRA decision No. 174
The Huntington National Bank, Columbus, Ohio August 11, 2016 CRA decision No. 176
First National Bank of Dwight, Dwight, Ill. August 17, 2016 CRA decision No. 175
KeyBank National Association, Cleveland, Ohio September 22, 2016 CRA decision No. 177