1/28/26
Letter Urging to OCC to Pause Approvals of National Trust Bank Charter Applications
ICBA urged the OCC to delay approval or substantive consideration of any pending national trust bank charter applications until the OCC has finalized the notice of proposed rulemaking concerning the scope of permissible activities for national trust banks under the National Bank Act and corresponding OCC regulations. ICBA said that doing so would ensure the OCC complies with notice and comment requirements, avoids inconsistent outcomes, and provides transparency and certainty to the agency’s regulatory framework.