OCC Releases 2016 Assessment Schedule

The OCC today released its 2016 assessment schedule. Assessments are due March 31 and Sept. 30, based on Call Report information as of Dec. 31 and June 30, respectively, the OCC said. Marginal assessment rates remained unchanged from 2015 due to low inflation. The schedule continues to include a surcharge for national banks, federal savings associations and federal branches and agencies of foreign banks that require increased supervisory resources.