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OCC asks for public input on community bank digitalization
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Summary
The Office of the Comptroller of the Currency requested information from stakeholders about barriers community banks face adopting digital banking tools and invited comments via occ.gov; no deadline was specified in the recorded remarks.
An Unidentified Speaker, a Speaker, said the Office of the Comptroller of the Currency is requesting information on how community banks adopt digital banking tools and urged stakeholders to review the request for information and provide comments.
"Community banks are vitally important to local economies, communities, and to the OCC," the Unidentified Speaker said. "New and emerging technologies can be important tools that community banks can use to meet customer demand, improve efficiencies, increase revenue, and remain competitive." The remarks framed the request as an effort to help the OCC "better understand and address the obstacles community banks encounter in their efforts to modernize their operations and enhance their customers experiences."
The speaker invited interested parties to review the request for information and submit comments online: "To review the request for information and offer comment, please visit us at occ.gov." The recorded statement did not specify a deadline for comments.
The request for information is presented as a fact-gathering step; the remarks did not announce any rulemaking, specific proposals, funding, or timelines for next steps. The Office of the Comptroller of the Currency (OCC) typically uses such requests to collect stakeholder views that may inform future guidance or supervisory priorities.
No other speakers or actions were recorded in this excerpt.
