Jump to Content
close
close
ABA: The American Bankers Association
Statement
  • For Immediate Release
  • May 8, 2025

ABA Statement on New OCC Interim Final Rule on Mergers

“The OCC’s interim final rule is a significant step toward restoring a streamlined and efficient process for considering bank merger applications. We appreciate Acting Comptroller Hood’s willingness to reconsider the flawed actions the agency formerly took in this space, and to establish a process that reflects today’s financial services landscape and promotes competition more effectively.

“This action, alongside the Congressional Review Act resolution led by Sen. Kennedy and Rep. Barr, provides an important opportunity to reset the conversation around bank mergers to ensure that future applications are subject to clear standards. We urge policymakers to continue working to finalize a merger framework that strengthens our financial system and helps banks better serve their customers and communities.”

###

About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24.1 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.2 trillion in deposits and extend $12.7 trillion in loans.

Press Contact

Josh Britton

(202) 663-7553

Contact Josh
Useful Links

Resources for the Media

Media Contacts

All inquiries from the press can be directed to one of our press contacts.

ABA Expert Photos

Hi-Res photos for use by the press.

ABA Media Appearances

Getting the industry's message out – in print and on the air – about banks' health and lending, as well as policies that are harmful to economic recovery.

Media Credentials

Complimentary press registrations are available for select events.

Join Our Media Lists

Want to be added to our news release list? Sign up here.

RSS Feed

Get ABA press releases via RSS.