OCC releases June 2025 enforcement actions

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On June 18, the OCC announced enforcement actions against national banks, federal savings associations, and individuals currently or previously affiliated with supervised institutions. The OCC entered into three agreements with banks to address unsafe or unsound banking practices related to strategic planning, earnings performance, capital planning, credit administration, and risk management, among other items. The OCC also issued two orders of prohibition against former bank employees for misappropriating funds and terminated two agreements related to non-compliance with requirements for controlling interests in financial subsidiaries.

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