OCC Finalizes Amendments to Affirm the Authority of National Trust Banks to Engage in Non-Fiduciary Activities

On March 2, 2026, the Office of the Comptroller of the Currency (OCC) finalized amendments to its existing rule on national bank chartering to affirm the authority of national trust banks to engage in non-fiduciary activities, including certain custody and safekeeping activities. The final rule adopts the revisions contained in the OCC’s Notice of Proposed Rulemaking (NPR), issued on January 12, 2026, without change….
By: Stinson LLP