Fees the national bank regulator charges supervised banks are going up next year, with a 16% increase planned for rates in the general assessment fee schedule for assets above $40 billion and 2.65% for all other rates in that schedule, the agency said Wednesday.
The 16% increase for those larger institutions, the Office of the Comptroller of the Currency (OCC) said, is to reflect the increased cost of supervising the largest institutions. It said the 2.65% increase for others is to account for inflation.
In addition, the $40 billion asset cap used in calculating the problem-bank surcharge is rising to $250 billion in 2025, the OCC said, to reflect growth in the banking sector since the cap was last updated in 2014. This surcharge is calculated by multiplying the sum of the general assessment (in calendar year 2024, it is based on the bank’s book assets up to $40 billion) and the independent trust national bank/federal savings association assessment or the independent credit card national bank/federal savings association assessment by 50% for 3-rated banks and 100% for 4- and 5-rated banks.
The OCC said it is also raising the hourly fee for special examinations and investigations to $176 from $170.
The full assessment schedule, as well as details on how the agency prorates assessments for institutions entering the federal banking system, are in OCC Bulletin 2024-32, also issued Wednesday.
OCC Increases 2025 Assessments for National Banks and Federal Savings Associations
Leave a Reply