Comptroller of the Currency Jonathan Gould outlined the Office of the Comptroller of the Currency’s approach to community bank supervision and financial system integrity in remarks at the Arizona Bankers Association Roundtable. He said supervision has been refocused on material financial risks, reducing attention to activities that do not improve safety and soundness. Gould emphasized community banks’ role in small-business and agricultural lending. He also called on banks to know their customers, understand the risks associated with each relationship and make fact-based decisions to protect the financial system from illicit activity.
Office of the Comptroller of the Currency2026-08-06
Office of the Comptroller of the Currency outlines risk-focused community bank supervision and financial integrity priorities
The Office of the Comptroller of the Currency outlined a risk-focused approach to community bank supervision, with less attention to activities that do not improve safety and soundness. Comptroller Jonathan Gould also emphasized customer due diligence and relationship-specific risk assessment to counter illicit financial activity.