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OCC bulletin states banks must protect customer financial records and avoid debanking

Close up of an ink pen and a check book.
Photo: Peter Dazeley/Getty Images

Julie DiMauro

3 min read
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The OCC said it already requested information from its nine largest regulated institutions to evaluate their debanking history.

Comptroller of the Currency Jonathan Gould said in March he’d “shine a spotlight” on debanking. His agency now plans to show us what that entails.

The Office of the Comptroller of the Currency (OCC) just informed banks that it will consider whether they engaged in “politicized or unlawful debanking”

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