WASHINGTON The Office of the Comptroller of the Currency plans to raise supervisory assessments for large banks and thrifts by as much as 14% starting in the fall to account for the agency's added regulatory responsibilities following passage of the Dodd-Frank Act.
The agency said the proposed assessment hike in examination fees "reflects new supervisory and regulatory initiatives." If finalized, the proposal would apply to national banks and federal thrifts with at least $40 billion in assets. Those institutions would be required to pay a 14.5% marginal assessment rate hike. Yet the actual increase in fees would vary among institutions of differing asset classes, ranging from 0.32% to 14%. The projected average assessment increase would be 12%, the agency said.