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OCC Releases Booklet on ‘Common Sense' Community Banking

Posted on 6/20/2013

The Office of the Comptroller of the Currency last week released a booklet called "A Common Sense Approach to Community Banking," in which it outlines the regulator's view of how community banks can thrive. Aimed at bank directors and senior management, the booklet focuses on risk assessment and management, strategic and capital planning and OCC supervisory expectations.

"There are a lot of publications out there that describe both the difficulties and opportunities that confront community banks," said Central District Deputy Comptroller Bert Otto. "In developing this publication, we asked ourselves, ‘What distinguishes community banks that thrive from those that either just barely survive or eventually fail?'"

To read the booklet visit: http://www.occ.gov/publications/publications-by-type/other-publications-reports/common-sense.pdf



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