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State Bank Commissioner Mick Thompson announced last week the Oklahoma State Banking Board approved the largest reduction ever to assessments paid by Oklahoma state-chartered banks.
For 2026, the standard assessment rate will be discounted by 75% for each bank with assets totaling less than $1 billion, by 40% for each bank with assets at least $1 billion but less than $2 billion, and by 30% for banks with $2 billion or more in assets. The commissioner explained the sliding scale discount should result in a comparable overall reduction for all institutions because the standard rate for larger institutions is already significantly reduced as asset size grows larger.
Meanwhile, the Office of the Comptroller of the Currency announced Monday it will maintain its current assessment rates in 2026 for national-chartered banks.
The OCC did reduce its assessment rates in September. For the Sept. 30, 2025, semiannual assessment, the OCC reduced the rates in the general assessment fee schedule by 30% for assets up to $40 billion and 22% for assets above $40 billion. It also reduced the rates in the independent trust and independent credit card assessment fee schedules by 22%.