On August 29, the OCC issued a bulletin announcing new fees and assessments for all national banks, federal savings associations, and federal branches of foreign banks. The OCC stated it will reduce the marginal rates for its general assessment fee schedule by 30 percent for those with assets below $40 billion, and by 22 percent for those with assets above $40 billion. Further, the assessment fees for independent trust national bank/federal savings associations and independent credit card national bank/federal savings associations will be reduced by 22 percent. The OCC also stated it will lower the hourly fee for special examinations and investigations to $137 from $176, citing agency cost savings. These changes will take effect for the September 30 collection.
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