The OCC announced a decrease in assessment rates for the Sept. 30 semiannual assessment that will apply to all OCC-regulated institutions—its fifth decrease in assessments since 2017.
Details: The OCC said it:
Reduced the rates in the general assessment fee schedule by 30% for assets up to $40 billion and 22% for assets above $40 billion.
Reduced the rates in the independent trust and independent credit card assessment fee schedules by 22%.
Is decreasing the hourly fee for special examinations and investigations to $137 from $176.