Department of the Treasury 

Office of the Comptroller of the 

Currency 

Congressional Budget 

Justification and Annual 

Performance Plan and Report 

FY 2023 
OCC - 2 

Table of Contents

Section I – Budget Request........................................................................................................... 3

A – Mission Statement ................................................................................................................ 3

B – Summary of the Request ...................................................................................................... 3

1.1 – Resource Detail Table ........................................................................................................ 4

1.3 – Object Classification (Schedule O) Obligations ................................................................ 5

D – Appropriations Language and Explanation of Changes ...................................................... 5

E – Legislative Proposals ............................................................................................................ 5

Section II – Annual Performance Plan and Report ................................................................... 6

A – Strategic Alignment ............................................................................................................. 6

B – Budget and Performance by Budget Activity ...................................................................... 6

2.1.1 – Supervise Resources and Measures ................................................................................ 6

Supervise Budget and Performance ............................................................................................ 7

2.1.2 – Regulate Resources and Measures .................................................................................. 9

Regulate Budget and Performance .............................................................................................. 9

2.1.3 Charter Resources and Measures ..................................................................................... 10

Charter Budget and Performance .............................................................................................. 10

C – Changes in Performance Measures .................................................................................... 10

Section III – Additional Information ........................................................................................ 11

A – Summary of Capital Investments ....................................................................................... 11

 
OCC - 3 

Section I – Budget Request 

A – Mission Statement 

To ensure that national banks and federal savings associations operate in a safe and sound 

manner, provide fair access to financial services, treat customers fairly, and comply with 

applicable laws and regulations. 

B – Summary of the Request 

The Office of the Comptroller of the Currency (OCC) was created by Congress in 1863 to 

charter national banks; oversee a nationwide system of banking institutions; and ensure national 

banks are safe and sound, competitive and profitable, and capable of serving in the best possible 

manner the banking needs of their customers. Effective on July 21, 2011, Title III of the DoddFrank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), transferred to the 

OCC rulemaking authority and responsibility for the supervision of federal savings associations. 

As of September 30, 2021, the OCC supervised 797 national bank charters, 52 federal branches 

and agencies, and 269 federal savings associations with approximately $14.9 trillion in financial 

institution assets. 

Effective supervision and a comprehensive regulatory framework are the key tools that the OCC 

uses to ensure that national banks and federal savings associations operate in a safe and sound 

manner and that they provide fair access to financial services and fair treatment of their 

customers. A robust chartering program allows new entrants into the financial services sector 

while ensuring that they have the necessary capital, managerial, and risk management processes 

to conduct activities in a safe and sound manner. The OCC’s operations are funded primarily 

(approximately 97 percent) from semiannual assessments levied on national banks and federal 

savings associations. Revenue from investments in Treasury securities and other income 

comprise the remaining three percent. 

FY 2022 and 2023 Priorities 

A major focus for FY 2022 and forward involves reviews of existing regulations to consider 

changes consistent with safety and soundness and fair treatment of bank customers, with the goal 

of enhanced regulatory coordination, reducing unnecessary regulatory burden, and increasing 

examination efficiency. OCC supervised banks are showing resilience in the current environment 

with satisfactory credit quality and strong earnings, but weak loan demand and low net interest 

margins continue to weigh on performance. While economic activity is rebounding, there is 

significant ongoing financial risk. 

The OCC noted operational, credit, compliance, and strategic risks, among the key risks. 

Pandemic-related supply chain disruptions are a potential concern and have the possibility to 

limit borrower revenue and cash flow, while inflationary pressures could cause interest rates and 

labor costs to rise. In addition, a higher volume of consumer mortgage loans benefiting from 

COVID-19 forbearance began expiring in June 2021 and will continue into early 2022. Although 

data indicate that forbearance customers generally have a significant level of home equity, which 

will likely mitigate losses to banks in the event of foreclosures absent sale of a property, these 

elevated levels of mortgage forbearance pose increased operational, compliance, and reputation 

risks that will require diligent oversight. 

Strategic risk remains an emerging issue due to the impact on bank profitability of the 

historically low-rate environment and potential credit stress. Operational risk is elevated as 
OCC - 4 

cyberattacks evolve, become more sophisticated, and cause damage to a variety of industries 

including software systems commonly used by large numbers of OCC-supervised banks. 

Compliance risk remains heightened, as banks’ efforts to serve customers in the end stages of 

assistance programs create challenges for change management, as well as for product and service 

risk management practices. 

The OCC is committed to acting on the risks that climate change presents to the financial system. 

Banks are exposed to physical and transition risks presented by climate change which may 

impact the safety and soundness of supervised institutions. Physical and transition risks can have 

an associated material impact on the financial system by damaging property, impeding business 

activity, shifting the values of assets (both up and down), and affecting income. 

The OCC will conduct examinations based on the risk profile of individual national banks and 

federal savings associations to ensure they are safe and sound, sufficiently capitalized, and 

comply with all laws and regulations, including consumer protection laws and regulations. The 

expiration of federal stimulus programs, eviction moratoriums, and other support programs 

presents a near-term challenge to community banks. Priorities and activities will include 

supervisory reviews of commercial and retail credit quality and credit risk management 

functions, implementation and preparedness for the current expected credit losses accounting 

standard, risk management systems related to the financial risks of climate change, cybersecurity 

and operational resiliency, the impact of a low-rate environment and the transition to alternative 

reference rates given the phaseout of the London Interbank Offering Rate (LIBOR), fintech 

partnerships for potential cryptocurrency, payment systems products, and other services, Bank 

Secrecy Act/Anti Money Laundering (BSA/AML) under delegated authority from Treasury’s 

Financial Crimes Enforcement Network and in line with Federal Financial Institutions 

Examination Council (FFIEC) guidance, and fair access and fair lending. Examiners will work to 

resolve problem national bank and federal savings association situations effectively by 

identifying problems at the earliest possible stage, clearly communicating concerns and 

expectations to bank management through Reports of Examination and appropriate enforcement 

actions and ensuring timely follow-up on needed corrective actions. 

1.1 – Resource Detail Table 

Dollars in Thousands 

 FY 2021 FY 2022 FY 2023 FY 2023 to FY 2022 

Budgetary Resources Actual Estimated Estimated % Change 

 FTE AMOUNT FTE AMOUNT FTE AMOUNT FTE AMOUNT 

Assessments 0 $1,130,960 0 $1,158,673 0 $1,158,673 NA 0% 

Interest 0 $17,320 0 $17,771 0 $17,771 NA 0% 

Other Income 0 $18,847 0 $14,067 0 $14,067 NA 0% 

Unobligated Balances from Prior Years 0 $1,664,755 0 $1,718,848 0 $1,692,000 NA -2% 

Total Revenue/Offsetting Collections 

0 $2,831,882 0 $2,909,359 0 $2,882,511 NA -1% 

Supervise 3,073 $978,890 3,130 $1,071,065 3,130 $1,078,520 0.00% 1% 

Regulate 330 $105,202 336 $115,109 336 $115,910 0.00% 1% 

Charter 88 $27,887 89 $30,513 89 $30,726 0.00% 1% 

Total Expenses/Obligations 3,491 $1,111,979 3,555 $1,216,687 3,555 $1,225,156 0.00% 1% 

Net Results $1,719,903 $1,692,672 $1,657,355 NA -2% 

 
OCC - 5 

- OCC funds are not appropriated funds or government monies. 12 U.S.C. § 481. The Comptroller may impose and collect assessments, fees, or 

other charges as necessary or appropriate to carry out his responsibilities and to meet the expenses of the OCC. 12 U.S.C. § 482. As of 

September 30, 2021, the net position of the OCC was $1,642.5 million. 

-The Comptroller has sole authority to determine how OCC funds are obligated and its expenses incurred and paid. 12 U.S.C. § 16. 

-As part of its annual budget formulation process, the OCC re‐evaluates the size of the reserve based on a disciplined analysis of the impact of 

material events on its ability to fund operations. 

1.3 – Object Classification (Schedule O) Obligations 

Dollars in Thousands 

 FY 2021 FY 2022 FY 2023 

Object Classification 

Actual 

Obligations 

Estimated 

Obligations 

Estimated 

Obligations 

11.1 - Full-time permanent 549,908 580,324 586,127 

11.3 - Other than full-time permanent 4,329 3,027 3,027 

11.5 - Other personnel compensation 3,898 3,769 3,769 

11.9 - Personnel Compensation (Total) 558,135 587,120 592,923 

12.0 - Personnel benefits 260,109 266,610 269,276 

13.0 - Benefits for former personnel 225 230 230 

Total Personnel and Compensation Benefits $818,469 $853,960 $862,429 

21.0 - Travel and transportation of persons 4,692 22,840 22,840 

22.0 - Transportation of things 2,502 2,556 2,556 

23.1 - Rental payments to GSA 80 91 91 

23.2 - Rental payments to others 65,585 65,805 65,805 

23.3 - Communication, utilities, and misc charges 22,998 15,947 15,947 

24.0 - Printing and reproduction 491 613 613 

25.1 - Advisory and assistance services 26,219 40,075 40,075 

25.2 - Other services 30,589 36,961 36,961 

25.3 - Other purchases of goods & serv frm Govt 

accounts 9,142 8,767 8,767 

25.4 - Operation and maintenance of facilities 6,256 7,640 7,640 

25.7 - Operation and maintenance of equip 77,090 108,169 108,169 

26.0 - Supplies and materials 4,954 6,838 6,838 

31.0 - Equipment 29,072 35,839 35,839 

32.0 - Land and structures 12,636 10,202 10,202 

42.0 - Insurance claims and indemnities 1,204 384 384 

Total Non-Personnel 293,510 362,727 362,727 

Total Budgetary Resources $1,111,979 $1,216,687 $1,225,156 

 

Full-time Equivalents (FTE) 3,491 3,555 3,555 

Amounts reflect obligations of annually appropriated resources, carryover balances, reimbursables, and transfers. 

 

D – Appropriations Language and Explanation of Changes 

The OCC receives no appropriated funds from Congress. 

E – Legislative Proposals 

The OCC has no legislative proposals. 
OCC - 6 

Section II – Annual Performance Plan and Report 

A – Strategic Alignment 

This year, OCC is working to align budget activities and performance measures to the new 

objectives in the Treasury FY 2022 – 2026 Strategic Plan. This work will include benchmarking 

performance and may result in changes to performance measures in the FY 2024 budget. 

As such, the OCC’s nationwide staff of bank examiners conducts on-site and off-site reviews of 

banks and provides sustained supervision of these institutions’ operations. Examiners have used 

enhanced off-site tools and processes during the pandemic to support their supervision 

responsibilities. Examiners analyze asset quality, capital adequacy, earnings, liquidity, and 

sensitivity to market risk for all banks, and assess compliance with federal consumer protection 

laws and regulations. Examiners also evaluate management’s ability to identify and control risk 

and assess banks’ performance in meeting the credit needs of the communities in which they 

operate, pursuant to the Community Reinvestment Act (CRA). 

In addition, under the bank supervision program, the OCC will also: 

 Approve or deny applications for new charters, branches, capital, or other changes in 

corporate or banking structure; 

 Take supervisory and enforcement actions against banks that do not comply with laws and 

regulations or that otherwise engage in unsafe or unsound practices; 

 Remove and prohibit officers and directors, negotiate agreements to change banking 

practices, and issue cease-and-desist orders as well as Civil Money Penalties (CMPs); and 

 Issue rules and regulations, legal interpretations, supervisory guidance, and corporate 

decisions governing investments, lending, and other practices. 

B – Budget and Performance by Budget Activity 

2.1.1 – Supervise Resources and Measures 

Dollars in Thousands FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 

 Resource Level Actual Actual Actual Actual Actual Estimated Estimated 

Expenses/Obligations $993,680 $1,105,022 $939,193 $953,433 $978,890 $1,071,065 $1,078,520 

Budget Activity Total $993,680 $1,105,022 $939,193 $953,433 $978,890 $1,071,065 $1,078,520 

Full-time Equivalents (FTE) 3,498 3,434 3,289 3,202 3,073 3,130 3,130 

 

Measure 

FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2021 FY 2022 FY 2023 

Actual Actual Actual Actual Actual Target Target Target 

Percentage of National Banks and Federal 

Savings Associations with Composite 

CAMELS Rating 1 or 2 

94 96 96 96 96 90 90 90 

Percentage of National Banks and Federal 

Savings Associations That Are Categorized 

as Well Capitalized 

97 95 98 95 99 95 95 95 

Percentage of National Banks and Federal 

Savings Associations with Consumer 

Compliance Rating of 1 or 2 

97 98 98 98 98 94 94 94 

Rehabilitated National Banks and Federal 

Savings Associations as A Percentage of 

Problem National Banks One Year Ago 

(CAMEL 3,4, or 5) 

40 44 15 23 28 40 Disc Disc 

Total OCC Costs Relative to Every $100,000 

in Bank and Federal Savings Associations 

Assets Regulated ($) 

9.49 9.12 8.07 7.78 6.79 7.71 7.37 7.37 

Key: DISC- Discontinued 
OCC - 7 

Supervise Budget and Performance 

($1,078,521 from revenue/offsetting collections): 

An effective supervision program is the cornerstone of the OCC’s activities that support its 

strategic goals. Specifically, the Supervise Program consists of ongoing supervision and 

enforcement activities that directly support the OCC’s strategic goal to foster a safe, sound, and 

fair system of national banks, federal savings associations and federal branches of foreign banks 

and agencies of foreign banks that is a source of economic strength and opportunity that meets 

the evolving needs of consumers, businesses, and communities. The condition and risk 

management practices of national banks and federal savings associations, and requiring 

corrective actions when weaknesses are found, directly supports Treasury’s goal to promote 

financial stability. In FY 2021, the OCC took a number of enforcement actions, including 

imposition of large CMPs to address violations of the Bank Secrecy Act and Anti-Money 

Laundering requirements, and/or failure to maintain effective risk management programs for 

enterprise-wide risk management, compliance risk management, internal controls, or IT risk 

governance that are commensurate with the bank’s size, complexity, and risk profile. 

Description of Performance: 

Percentage of National Banks and Federal Savings Associations with Composite CAMELS 

Rating of 1 or 2: The composite Capital Adequacy, Asset Quality, Management, Earnings, 

Liquidity, and Sensitivity (CAMELS) rating reflects the overall condition of a national bank or 

federal savings association. Bank regulatory agencies use the Uniform Financial Institutions 

Rating System, CAMELS, to provide a general framework for evaluating all significant 

financial, operational, and compliance factors inherent in a national bank or federal savings 

association. The rating scale is 1 through 5 of which 1 is the highest rating granted and 

represents the lowest supervisory risk. These CAMELS ratings are assigned at the completion of 

every supervisory cycle or when there is a significant event leading to a change in CAMELS. 

The OCC established a target outcome measure that 90 percent of the institutions under its 

supervision have a composite CAMELS rating of 1 or 2. Such a rating is consistent with the 

strategic goal of a safe and sound banking system, that banks maintain adequate capital and 

liquidity and have strong risk management practices. As of December 31, 2021, 96 percent of 

national banks and federal savings associations earned composite CAMELS ratings of either 1 or 

2. Degradation in CAMELS can reflect weaknesses in risk management systems that need 

corrective action. The OCC, consistent with Treasury’s goals of boosting U.S. economic growth 

and promoting financial stability, has instructed bank examiners to identify and seek corrective 

action at the earliest stage to address potential problems or weaknesses. The OCC’s primary 

focus is to ensure that CAMELS ratings are an accurate reflection of each institution's current 

financial position and risk controls, and thus the OCC would not prematurely restore a favorable 

CAMELS rating. 

Percentage of National Banks and Federal Savings Associations that are Considered WellCapitalized: The Federal Deposit Insurance Act established a system that classifies insured 

depository institutions into five categories (well capitalized, adequately capitalized, 

undercapitalized, significantly undercapitalized, and critically undercapitalized) based on their 

capital levels relative to their risks. The OCC established a target outcome measure that 95 

percent of national banks and federal savings associations will meet or exceed the wellcapitalized threshold. The OCC works closely with problem national banks and federal savings 
OCC - 8 

associations to develop rehabilitation plans. Such plans typically include directives to improve 

or restore capital levels. As of December 31, 2021, 99 percent of national banks and federal 

savings associations were classified as well capitalized. 

Percentage of National Banks and Federal Savings Associations with Consumer Compliance 

Rating of 1 or 2: To ensure fair access to financial services and fair treatment of national bank 

and federal savings association customers, the OCC evaluates an institution’s compliance with 

consumer laws and regulations. Bank regulatory agencies use the Uniform Financial Institutions 

Rating System, Interagency Consumer Compliance Rating, to provide a general framework for 

evaluating significant consumer compliance factors inherent in an institution. Each institution is 

assigned a consumer compliance rating based on an evaluation of its present compliance with 

consumer protection and civil rights statutes and regulations, and the adequacy of its operating 

systems designed to ensure continuing compliance. Ratings are on a scale of 1 through 5 of 

which 1 is the highest rating granted and represents the lowest risk for noncompliance. The 

target for FY 2022 is 94 percent. As of December 31, 2021, national banks and federal savings 

associations continue to show strong compliance with consumer protection regulations with 96 

percent earning a consumer compliance rating of either 1 or 2. Under the Dodd-Frank Act, the 

OCC has enforcement and supervisory authority for those institutions with total assets of no 

more than $10 billion. 

Rehabilitated National Banks and Federal Savings Associations: The OCC’s early identification 

and intervention with problem financial institutions can lead to a successful rehabilitation. As of 

September 30, 2021, 28 percent of national banks and federal savings associations with 

composite CAMELS ratings of 3, 4, or 5 one year ago have improved their ratings to either 1 or 

2 this year. In addition, there were no national bank or federal savings association failures in 

FY21. Moving forward, in conjunction with Treasury, OCC will discontinue this performance 

measure in FY22 and re-evaluate in FY23 with OCC’s new Strategic Plan. 

Total OCC Costs Relative to Every $100,000 in National Bank and Federal Savings Association 

Assets Regulated: The OCC measures the efficiency of its operations while meeting the 

increasing supervisory demands of a growing and more complex national banking system. The 

OCC costs are those reported as total program operating costs that include obligations incurred in 

each fiscal year. National bank and federal savings association assets are those reported 

quarterly by national banks and federal savings associations on the Reports of Condition and 

Income. Total national bank and federal savings association assets represent the growth and 

complexity of the financial institutions under the jurisdiction of the OCC. This measure supports 

the OCC’s strategic goal of efficient use of agency resources. The OCC’s ability to control its 

costs while ensuring the safety and soundness of national banks and federal savings associations 

benefits all national bank and federal savings association customers. As of September 30, 2021, 

total OCC cost relative to every $100,000 in assets regulated was $6.79 compared to the 

FY 2021 target of $7.71. The OCC continues to meet its efforts to ensure that resources are 

used prudently and that programs are carried out in a cost-effective manner ensuring that the 

OCC operates as efficiently and effectively as possible. 
OCC - 9 

2.1.2 – Regulate Resources and Measures 

Dollars in Thousands 

 Resource Level FY 2017 

Actual 

FY 2018 

Actual 

FY 2019 

Actual 

FY 2020 

Actual 

FY 2021 

Actual 

FY 2022 

Estimated 

FY 2022 

Estimated 

Expenses/Obligations $92,151 $106,649 $93,323 $94,738 $105,202 $115,109 $115,910 

Budget Activity Total $92,151 $106,649 $93,323 $94,738 $105,202 $115,109 $115,910 

Full-time Equivalents (FTE) 324 331 327 318 330 336 336 

Regulate Budget and Performance

($115,910 from revenue/offsetting collections): 

The Regulate Program supports the OCC’s strategic goal of a vibrant and diverse system of 

national banks and federal savings associations that supports a robust U.S. economy. 

Specifically, the Regulate Program consists of ongoing activities that result in the establishment 

of regulations, policies, operating guidance, and interpretations of general applicability to 

national banks and federal savings associations. These regulations, policies, and interpretations 

may establish system-wide standards, define acceptable national banking and federal savings 

association practices, provide guidance on risks and responsibilities facing national banks and 

federal savings associations, or prohibit (or restrict) national banking or federal savings 

association practices deemed to be imprudent or unsafe. They also establish standards for 

ensuring fair access to financial services and fair treatment of national bank and federal savings 

association customers. This program includes establishing examination policies and handbooks; 

interpreting administrative, judicial, and congressional proceedings; and establishing the 

applicable legal and supervisory framework for new financial services and products. 

Description of Performance: 

The OCC has recently undertaken actions to reduce regulatory burden on and expand economic 

opportunity, including in response to the pandemic. The OCC took an important step towards 

strengthening and modernizing the Community Reinvestment Act (CRA) by issuing a final rule 

to rescind its June 2020 CRA rule and pledged to work with the other federal banking agencies 

to develop consistent framework across all banks that will encourage higher levels of responsible 

lending, investments, services, and greater community engagement, particularly focused on 

helping to meet the needs of low- and moderate-income and other underserved communities 

across the nation, including communities that have been disproportionately affected by the 

pandemic. The OCC, with its FFIEC counterparts, updated sections of the BSA/AML 

Examination Manual to improve the effectiveness and efficiency of the BSA/AML regime and 

reduce unnecessary burden on banks. 

The OCC issued draft principles designed to support the identification and management of 

climate-related financial risks by large OCC-supervised institutions. The draft principles support 

banks’ efforts to focus on key aspects of climate-related financial risk management and outline 

the OCC’s initial supervisory expectations for climate-related financial risk management within 

existing OCC rules and guidance. 

The OCC is approaching crypto-related activities in its regulated and supervised institutions with 

a high degree of caution and expects its supervised institutions to do the same. The OCC 

participated with the other Federal banking agencies in an interagency “policy sprint” on cryptoassets. The agencies issued a statement announcing several initiatives to provide greater clarity 
OCC - 10 

on permissibility, safety and soundness, consumer protection, and compliance with existing laws 

and regulations related to crypto-asset-related activities in which banks may engage. 

2.1.3 Charter Resources and Measures 

Dollars in Thousands 

 Resource Level 

FY 2017 

Actual 

FY 2018 

Actual 

FY 2019 

Actual 

FY 2020 

Actual 

FY 2021 

Actual 

FY 2022 

Estimated 

FY 2023 

Estimated 

Expenses/Obligations $24,426 $24,033 $20,212 $20,519 $27,887 $30,513 $30,726 

Budget Activity Total $24,426 $24,033 $20,212 $20,519 $20,887 $30,513 $30,726 

Full-time Equivalents (FTE) 86 75 71 69 88 89 89 

 Measure FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2021 FY 2022 FY 2023 

Actual Actual Actual Actual Actual Target Target Target 

Percentage of Licensing Applications and 

Notices Completed within Established 

Timeframes 

96 97 99 98 98 95 95 95 

Charter Budget and Performance 

($30,726 from revenue/offsetting collections): 

The Charter Program consists of ongoing activities that result in the chartering of national banks 

and federal savings associations and the evaluation of the permissibility of structures and 

activities of national banks and federal savings associations and their subsidiaries. This includes 

the review and approval of new national bank and federal savings association charters, federal 

branches and agencies, mergers, acquisitions, conversions, business combinations, corporate 

reorganizations, changes in control, operating subsidiaries, branches, relocations, and 

subordinated debt issuances. By supporting the entry of new products and institutions into the 

financial system with a national charter in a manner consistent with safety and soundness, the 

Charter Program supports the OCC’s strategic goals of assuring safety and soundness while 

allowing national banks and federal savings associations to offer a full competitive array of 

financial services. 

Description of Performance: 

Percentage of Licensing Applications and Notices Completed within Established Time Frames: 

The OCC’s timely and effective approval of corporate applications contributes to the nation’s 

economy by enabling national banks and federal savings associations to complete various 

corporate transactions and introduce new financial products and services. Delays in providing 

prompt decisions on applications and notices can deprive a national bank or federal savings 

association of a competitive or business opportunity, create business uncertainties, or diminish 

financial results. Time frames have been established for completing each type of application and 

notice. As of December 31, 2021, the OCC completed 99 percent of national bank and federal 

savings association applications and notices within the required time frame, above the target of 

95 percent. 

C – Changes in Performance Measures 

With the publication of Treasury’s Strategic Plan for FY 2022-2026, OCC will work this year to 

baseline performance against the new strategic objectives. This could result in changes to 

performance measures in the FY 2024 budget. 
OCC - 11 

Section III – Additional Information 

A – Summary of Capital Investments 

Modernizing the OCC’s approach to bank supervision through standardizing data and 

information, reducing duplication of effort, and leveraging technology is an agency priority. A 

single supervisory platform will provide data, information, and analytics to OCC staff to assist in 

making better decisions, in near real time, to support the agency’s mission. 

The OCC Chief Information Officer’s (CIO) strategy aligns information technology initiatives 

and investments to the OCC’s core mission, including the development of new or enhanced 

applications and services and the disposition of redundant or “end-of-lifecycle” applications, 

capabilities, and services. The CIO strategy is implemented through the budget formulation and 

the Capital Planning and Investment Control processes. These processes ensure that all IT 

investments are aligned with the OCC’s mission, goals, and objectives, before a project is 

funded. The OCC ensures funding and staff resources to address IT investment priorities and 

considers risk mitigation strategies for IT investments to ensure that they are meeting stated 

performance goals. Performance metrics are linked to the delivery, alignment, and achievement 

of the OCC’s strategic program objectives to support evaluation of cost effectiveness for each 

investment. 

FY 2022 and 2023 Plans - The OCC has 4 major IT initiatives in FY 2022 and 2023: 

 Server Support Services (SSS) – The SSS supports the OCC’s server Operations and 

Maintenance, including refreshes of End-of-Life hardware. The infrastructure staff continues 

to build out additional capacity and support server technology refresh, business resiliency, 

and enterprise storage capacity. 

 Telecommunications Services and Support (TSS) – TSS includes telecommunications Wide 

Area Network (WAN) and Local Area Network (LAN) infrastructure. Remote access to the 

OCC systems is facilitated via a virtual private network and secure access to cloud services. 

This includes messaging services supporting highly mobile bank examiners and the OCC 

workforce. In FY 2022, the OCC will continue to refresh telecommunication infrastructure 

to increase capacity, maximize uptime, and ensure maintenance and security are maintained. 

 End User Services and Support (EUSS) – EUSS includes help desk/customer service support, 

computer hardware and software operations and maintenance, mobile devices, printers, asset 

management, and desktop engineering and image management. In FY 2022, OCC will 

refresh mobile devices and begin the planning for the next computer refresh. 

 Cyber Security (CS) – CS includes technologies, processes and practices aligned to protect 

networks, computers, programs and data from attack, damage, or unauthorized access. In 

alignment with Federal and Treasury requirements, the OCC has transitioned the Agency's 

systems and applications into Information System Continuous Monitoring and Ongoing 

Authorization. In FY 2022, the OCC will continue to deploy technologies to meet 

Cybersecurity Executive Orders and additional cloud-based services to minimize dependence 

on the OCC Data Center for critical network security and infrastructure services. 

A summary of capital investments, including major information technology and non-technology 

investments, can be accessed at: 

https://www.treasury.gov/about/budget-performance/Pages/summary-of-capitalinvestments.aspx.