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Action required OCC Aug 14, 2026

OCC Bulletin on Allowances for Credit Losses

OCC Bulletin 2026-33, issued on July 16, 2026, provides revised allowance-for-credit-losses guidance for financial institutions.

OCC Bulletin 2026-33, issued on July 16, 2026, provides revised allowance-for-credit-losses guidance for financial institutions.

What changed

Updates include changes to methodologies for calculating credit loss allowances.

Compliance perspective

Financial institutions must review and adjust their credit loss allowance strategies to align with the updated guidance.

Key date

Effective date: July 16, 2026.

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