The US Comptroller of the Currency is a federal government office located in New York, New York, dedicated to regulating and supervising national banks and federal savings associations. Situated at 340 Madison Avenue, this office plays a crucial role in maintaining the safety and soundness of the federal banking system. It operates under the authority of the U.S. Department of the Treasury, focusing on ensuring that financial institutions comply with applicable laws and regulations.
This office is responsible for examining the financial health of national banks and federal savings associations within its jurisdiction, promoting fair access to financial services, and fostering a stable and competitive banking environment. Staff members conduct regular assessments to identify risks and enforce compliance, working to protect the interests of depositors and maintain public confidence in the banking system. Through its oversight, the office helps to mitigate risks that could impact the economy and the financial industry.
Located in the heart of New York City, the office serves as a critical regional hub for federal banking regulation. It collaborates with other federal and state agencies to coordinate supervisory efforts and address emerging challenges within the banking sector. The office also provides guidance on banking policies and supports the implementation of new regulations to adapt to evolving financial markets.
With a focus on transparency and regulatory rigor, the US Comptroller of the Currency in New York helps uphold the integrity of the nation’s banking institutions. By monitoring financial practices and enforcing regulatory standards, this federal government office contributes to the overall stability and resilience of the banking system, supporting the broader economic framework at both the local and national levels.
