Office of the Comptroller of the Currency’s Post

Since 1863, the OCC has placed significant importance on the quantity and quality of capital when evaluating the safety and soundness of banks. Read about the evolution of the OCC’s thinking on capital adequacy. https://lnkd.in/e7UBCYBJ

  • "The capital of a bank should be a reality, not a fiction; and it should be owned by those who money to lend, and not by borrowers." Hugh McCulloch, First Comptroller of the Currency, in a communication to Newly Chartered National Banks in December 1863
John Quill

Banking/Former OCC Deputy Comptroller, Special Supervision

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