OCC revises guidance on branch closings

Bank Regulatory Federal Issues OCC Licensing Comptroller's Licensing Manual

On February 7, the OCC released an updated version of the “Branch Closings” booklet of the Comptroller’s Licensing Manual. According to OCC Bulletin 2023-6, the revised licensing booklet, which outlines policies and procedures for filings and customer notices relating to the closing of national bank and federal savings association branches, removes references to outdated guidance, provides current references, and makes other minor modifications and corrections throughout.