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Action required OCC Aug 1, 2026

OCC Bulletin 2026-33 revises Allowances for Credit Losses handbook booklet

On July 16, 2026, the OCC issued Bulletin 2026-33 announcing a revised Comptroller's Handbook booklet on Allowances for Credit Losses and related rescissions. This was the other clear OCC supervisory update immediately preceding the July 18 to August 1, 2026 period.

On July 16, 2026, the OCC issued Bulletin 2026-33 announcing a revised Comptroller's Handbook booklet on Allowances for Credit Losses and related rescissions. This was the other clear OCC supervisory update immediately preceding the July 18 to August 1, 2026 period.

What changed

The OCC revised handbook content on allowances for credit losses and rescinded older materials.

Compliance perspective

National banks should compare the updated booklet against existing ACL governance, methodology, and documentation practices. Credit risk, finance, and exam prep teams should align internal references to the current handbook version.

Key date

Effective date: July 16, 2026.

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