occ.

abbreviation for

1. occasional.
2. occasionally.
3. occident.
4. occidental.
5. occupation.

Example Sentences

Capital One was fined $80 million by the OCC in 2020 for lapses in its failure to establish what it called “effective risk assessment processes” prior to moving information technology operations to the cloud — and then failing to correct the deficiencies in a timely manner.

From Los Angeles Times

“City National, and our new executive management team, are committed to resolving the matters identified in the OCC’s order as quickly as possible. Our focus will continue to be on both strengthening our infrastructure and systems to reflect a bank of our size and business model, while at the same time providing our clients with consistently outstanding banking products and services,” said the statement by Diana Rodriguez, City National’s chief communications officer.

From Los Angeles Times

“OCC’s calls for reform so far have gone unanswered. Ohioans deserve better from the public officials in this state.”

From Seattle Times

Sri Lanka needs the consent of the OCC which is co-chaired by India, Japan and France and includes 17 countries, for the IMF to approve the payment.

From Seattle Times

The Fed and the OCC declined to comment.

From Reuters