On November 27, the OCC published Bulletin 2024-32, which announced the fees and assessments for national banks, federal savings associations, and federal branches and agencies of foreign banks for the 2025 calendar year. The new fees and assessments become effective January 1, 2025. Among other changes, the assessments set forth a 16 percent increase in marginal rates for assets above $40 billion and a 2.65 percent increase for other marginal rates to account for inflation. The asset cap for the “problem bank surcharge calculation” has been raised from $40 billion to $250 billion. The hourly fee for special examinations and investigations will also increase, from $170 to $176. Assessments will be due on March 31, 2025, and September 30, 2025, based on call report information provided on a biannual basis. New entrants to the federal banking system will be assessed on a prorated basis. Banks leaving the system before the end of an assessment period may receive refunds.
