COVID-19 (Coronavirus)

COVID-19 is a respiratory disease caused by a novel (new) coronavirus.  

The OCC is working cooperatively with all state and federal banking agencies and other organizations to assist regulated institutions and their customers in managing the impact of the outbreak. If you have questions concerning the operations of your financial institution, please call your financial institution or visit your financial institution’s website. The following is additional information for use by national banks, federal savings associations, federal branches of foreign banks operating in the United States, and their customers.

Consumer Information

• OCC Frequently Asked Questions for Bank Customers Regarding COVID-19
• Information from the Consumer Financial Protection Bureau on how to protect yourself financially from the impact of the coronavirus
• Answers to frequently asked questions from the Federal Deposit Insurance Corporation
• Assistance with questions and complaints regarding national banks and federal savings associations

News Releases

• NR 2021-35 Temporary Supplementary Leverage Ratio Changes to Expire as Scheduled
• NR 2021-30 Acting Comptroller Statement Supporting Minority Depository Institutions
• NR 2021-29 Federal Bank Regulators Issue Rule Supporting Treasury's Investments in Minority Depository Institutions and Community Development Financial Institutions
• NR 2020-157 Agencies Provide Temporary Relief to Community Banking Organizations
• NR 2020-129 Agencies Issue Two Final Rules
• NR 2020-102 OCC Reduces September 2020 Assessments in Response to COVID-19
• NR 2020-100 OCC Issues Rule Creating Exception to Withdrawal Period Requirement for Collective Investment Funds, Eases Impact of COVID-19
• NR 2020-80 Federal and State Regulatory Agencies Issue Examiner Guidance for Assessing Safety and Soundness Considering the Effect of the COVID-19 Response on Financial Institutions
• NR 2020-79 OCC Interim Final Rule Reduces Assessments in Response to COVID-19
• NR 2020-73 OCC Sounds Warning About Effects of COVID-19 'Lockdowns' on Banking System
• NR 2020-62 Regulators Temporarily Change the Supplementary Leverage Ratio to Increase Banking Organizations' Ability to Support Credit to Households and Businesses In Light of the Coronavirus Response
• NR 2020-59 Federal Bank Regulatory Agencies Modify Liquidity Coverage Ratio For Banks Participating in Money Market Mutual Fund Liquidity Facility and Paycheck Protection Program Liquidity Facility
• NR 2020-54 Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
• NR 2020-53 OCC Announces Paycheck Protection Program Listening Sessions
• NR 2020-51 Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility
• NR 2020-50 Agencies Issue Revised Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus
• NR 2020-49 Agencies Announce Changes to the Community Bank Leverage Ratio
• NR 2020-48 Federal Agencies Encourage Mortgage Servicers to Work With Struggling Homeowners Affected by COVID-19
• NR 2020-43 Statement of the Comptroller of the Currency on the Enactment of the Nation’s Stimulus Package
• NR 2020-42 Agencies Announce Two Actions to Support Lending to Households and Businesses
• NR 2020-41 Statement of the Comptroller of the Currency on the Condition of the Federal Banking System and the Response to COVID-19
• NR 2020-40 Federal Agencies Encourage Banks, Savings Associations and Credit Unions to Offer Responsible Small-Dollar Loans to Consumers and Small Businesses Affected by COVID-19
• FFIEC News Release: Financial Regulators Highlight Coordination and Collaboration of Efforts to Address COVID-19
• NR 2020-39 Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19
• NR 2020-38 OCC Revises Short-Term Investment Fund Rule
• NR 2020-36 Federal Bank Regulatory Agencies Issue Interim Final Rule for Money Market Liquidity Facility
• NR 2020-34 Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses
• NR 2020-32 Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window
• NR 2020-30 Agencies Encourage Financial Institutions to Meet Financial Needs of Communities Affected by Coronavirus

Supervisory Guidance

• OCC Frequently Asked Questions for Banks Regarding COVID-19
• OCC Bulletin 2021-12: Community Reinvestment Act: Interagency Frequently Asked Questions Related to the COVID-19 Pandemic
• RESCHEDULED: Ask the Regulators Webinar:  Basics of PPP Loan Forgiveness and the SBA PPP Loan Forgiveness Platform
• OCC Bulletin 2020-107: Temporary Asset Thresholds: Interim Final Rule
• OCC Bulletin 2020-101: Bank Secrecy Act/Anti-Money Laundering: Joint Fact Sheet on Charities and Nonprofit Organizations
• OCC Bulletin 2020-83: Real Estate Appraisals: Final Rule
• OCC Bulletin 2020-73: Office of the Comptroller of the Currency Fees and Assessments: Amended Interim Calendar Year 2020 Fees and Assessments Structure
• OCC Bulletin 2020-72: Credit Administration: Joint Statement on Additional Loan Accommodations Related to COVID-19
• OCC Bulletin 2020-67: Extension of the Swap Margin Rule Compliance Dates: Interim Final Rule
• OCC Bulletin 2020-64: Examinations: Interagency Examiner Guidance for Assessing Safety and Soundness While Considering the Effect of COVID-19 on Institutions
• OCC Bulletin 2020-63: Assessments: Interim Final Rule
• OCC Bulletin 2020-62: COVID-19 Relief Programs: Preemption
• OCC Bulletin 2020-55: Director, Shareholder, and Member Meetings: Interim Final Rule
• OCC Bulletin 2020-54: Small-Dollar Lending: Interagency Lending Principles for Offering Responsible Small-Dollar Loans
• OCC Bulletin 2020-52: Supplementary Leverage Ratio: Interim Final Rule
• OCC Bulletin 2020-51: Corporate Governance: Annual Meetings and the COVID-19 Emergency
• Paycheck Protection Program Listening Sessions Summaries
• OCC Bulletin 2020-49: Current Expected Credit Losses: Final Interagency Policy Statement on Allowances for Credit Losses
• OCC Bulletin 2020-47: Market Risk: Joint Response About the Effect of Recent Financial Market Volatility on the Market Risk Capital Rule
• OCC Bulletin 2020-45: Credit Administration: Documentation of SBA Paycheck Protection Program Loans
• OCC Bulletin 2020-43: COVID-19 Financial Support Programs: Visitorial Authority
• Ask the Regulators Webinar: Small Business Administration - How to Become a Paycheck Protection Program (PPP) Lender
• OCC Bulletin 2020-42: Current Expected Credit Losses: Final Rule With Technical Changes to Interim Final Rule
• OCC Bulletin 2020-41: Federal Reserve Lending Programs: COVID-19-Related Programs to Support Households, Employers, and Communities
• Ask the Regulator Webinar: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus
• OCC Bulletin 2020-38: Appraisals and Evaluations: Interim Final Rule and Interagency Statement for Real Estate-Related Financial Transactions Affected by the Coronavirus
• OCC Bulletin 2020-37: Consolidated Reports of Condition and Income: Revisions to the FFIEC Call Reports and FFIEC 101 for the March 31, 2020, Report Date
• OCC Bulletin 2020-35: Troubled Debt Restructurings: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working With Customers Affected by COVID-19 (Revised)
• OCC Bulletin 2020-34: Bank Secrecy Act/Anti-Money Laundering:OCC Supports FinCEN’s Regulatory Relief and Risk-Based Approach for Financial Institution Compliance in Response to COVID-19
• OCC Bulletin 2020-33: Community Bank Leverage Ratio: Interim Final Rules
• OCC Bulletin 2020-32: Mortgage Servicing: Joint Statement on Supervisory and Enforcement Practices Related to Provisions of the CARES Act
• OCC Bulletin 2020-31: Small Business Administration Lending: New Programs for Small Business Relief
• OCC Bulletin 2020-30: Regulatory Capital: Joint Statement on the Interaction of the Revised Transition of the CECL Methodology for Allowances With Section 4014 of the CARES Act
• OCC Bulletin 2020-28: Standardized Approach for Counterparty Credit Risk: Notice to Allow Early Adoption
• OCC Bulletin 2020-27: Current Expected Credit Losses: Interim Final Rule
• OCC Bulletin 2020-25: Small-Dollar Lending: Joint Statement Encouraging Responsible Small-Dollar Lending in Response to COVID-19
• OCC Bulletin 2020-24: Consolidated Reports of Condition and Income: 30-Day Grace Period for the March 31, 2020, Call Report Date
• OCC Bulletin 2020-23: Pandemic Planning: Essential Critical Infrastructure Workers in the Financial Services Sector
  • U.S. Department of Treasury Press Release, "Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers"
  • CISA "Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response"
• Ask the Regulator Webinar: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus
• OCC Bulletin 2020-22: Short-Term Investment Funds: Interim Final Rule and Order
• OCC Bulletin 2020-20: Licensing Filings: Use of Electronic Methods for Submission of Licensing Filings
• OCC Bulletin 2020-19: Pandemic Planning: Joint Statement on Community Reinvestment Act Consideration for Activities in Response to COVID-19
• OCC Bulletin 2020-17: Pandemic Planning: Joint Questions and Answers Regarding Statement About the Use of Capital and Liquidity Buffers
• OCC Bulletin 2020-15: Pandemic Planning: Working With Customers Affected by Coronavirus and Regulatory Assistance
• FFIEC Highlights Pandemic Preparedness Guidance
• OCC Bulletin 2020-13:  Pandemic Planning: Updated FFIEC Guidance
• OCC Bulletin 2006-12:  Interagency advisory on influenza pandemic preparedness

Resources

• Coronavirus.gov
• Centers for Disease Control and Prevention
• Department of Homeland Security
• U.S. Department of State overseas travel information
• World Health Organization
• Ready.gov - Prepare your home and family in the event of a pandemic.
• What the U.S. Government is Doing  (Spanish: https://gobierno.usa.gov/coronavirus)