COVID-19 Relief Programs: Preemption

Federal, state, and local governments have taken many actions to respond to the economic disruption caused by the spread of COVID-19. While the Office of the Comptroller of the Currency (OCC) recognizes that a wide range of stakeholders, including state and local governments, have an important role to play in the country’s COVID-19 response, the agency reminds stakeholders that banks are governed primarily by uniform federal standards. This bulletin applies to community banks.

Click here to read the OCC bulletin: COVID-19 Relief Programs: Preemption.