Reference: Bulletin 2026-14
Official publication: Read the full Bulletin 2026-14 on the agency website
On April 22, 2026, the Office of the Comptroller of the Currency issued Bulletin 2026-14 to transmit the spring 2026 edition of its Interest Rate Risk Statistics Report. The release is short, but it is still consequential for institutions that prepare for OCC supervisory dialogue around rate sensitivity, limit structures, and peer positioning, because it refreshes the agency’s published benchmarking dataset for midsize and community institutions.
Executive Summary
- Bulletin 2026-14 announces the spring 2026 Interest Rate Risk Statistics Report, using data gathered during examinations of OCC-supervised midsize and community banks and federal savings associations.
- The OCC expressly states that the statistics are informational only and do not represent OCC-suggested limits or exposures.
- The report is described as presenting statistics for all reporting institutions, as well as breakouts by asset size and charter type, making it relevant for peer benchmarking and examiner preparation.
- The bulletin rescinds OCC Bulletin 2025-33, which transmitted the fall 2025 report, so the spring 2026 report is now the current OCC publication in this series.
- The bulletin does not summarize the report’s actual findings, trend lines, or outlier ranges, which means institutions should read the underlying report before drawing supervisory conclusions from the announcement alone.
What the Regulator Issued
The OCC published Bulletin 2026-14, Interest Rate Risk: Interest Rate Risk Statistics Report on April 22, 2026. The bulletin is addressed to chief executive officers of all national banks, federal savings associations, and federal branches and agencies, as well as department and division heads, examining personnel, and other interested parties.
The OCC states that the spring 2026 report presents interest rate risk data gathered during examinations of OCC-supervised midsize and community banks and federal savings associations. The highlights section says the report provides statistics on interest rate risk exposures and risk limits for different midsize and community bank populations, including all OCC-supervised midsize and community banks with reported data, banks grouped by asset size, and banks grouped by charter type.
The bulletin also includes two limiting statements that matter. First, the OCC says the statistics are for informational purposes only. Second, it says the data do not represent OCC-suggested limits or exposures. That language is important because it confirms that the report is a benchmarking and transparency tool, not a new rule, not a revised handbook standard, and not an announced change to permissible exposure thresholds.
The bulletin rescinds OCC Bulletin 2025-33, which transmitted the fall 2025 edition of the same report series. The OCC further says the publication is intended as a resource to the industry, examiners, and the public. For further information, the bulletin lists Rebecca Assenmacher, Market Risk Specialist, Market Risk Policy, as the agency contact.
Who Is Impacted
The most directly affected institutions are OCC-supervised midsize and community national banks and federal savings associations, because those are the populations the OCC says are reflected in the reported statistics. For those institutions, the report can serve as a current peer comparison point for board materials, asset-liability committee reporting, limit rationales, and examination preparation.
Senior management, treasury, finance, and risk teams should pay particular attention where internal interest rate risk reporting uses peer framing or where examiner discussions have recently focused on non-maturity deposit assumptions, earnings-at-risk or economic value sensitivity, concentration in longer-duration assets, or the governance of internal limits. The release does not say that any institution must conform to published peer ranges, but a fresh OCC dataset can still shape how outlier positions are discussed in supervisory settings.
Boards and board-level risk committees are also indirectly affected. A publication that breaks out exposures and limits by asset size and charter type gives boards another reason to ask whether current limit structures remain well supported by documented strategy, funding assumptions, and contingency planning. Institutions outside the midsize and community populations may be less directly reflected in the dataset, but the bulletin’s audience list shows that the OCC expects broader supervisory and industry attention.
Key Dates and Deadlines
Not specified in the release. The bulletin was issued on April 22, 2026, and it rescinds OCC Bulletin 2025-33, but it does not announce a compliance deadline, a comment period, an effective date for new requirements, or any mandatory remediation timeline.
Practical Action Checklist
- Obtain and review the spring 2026 Interest Rate Risk Statistics Report itself rather than relying on the bulletin alone, because the bulletin does not describe the underlying results in detail.
- Identify the peer cohort that most closely fits the institution’s profile, especially by asset size and charter type, since the OCC says the report presents statistics across those groupings.
- Compare current internal interest rate risk limits and reported exposures against the newly published peer statistics, while avoiding any assumption that peer ranges operate as supervisory safe harbors.
- Refresh board and asset-liability committee materials so they explain not only current exposure levels but also why the institution’s limits remain appropriate for its balance sheet, funding model, and strategic plan.
- Revisit the support for key model assumptions, including deposit behavior, repricing assumptions, and scenario design, so management can explain any material divergence from peer outcomes if examiners ask.
- Document any reason the institution expects to sit outside peer patterns, such as a deliberate business model choice, unusual deposit composition, or balance-sheet repositioning undertaken for liquidity or earnings reasons.
- Confirm that supervisory response plans are calibrated to internal policy breaches and management thresholds, rather than to an unsupported reading of OCC peer statistics as de facto limits.
- Prepare examination teams and relationship managers with a concise crosswalk showing how the institution monitors interest rate risk, how it sets limits, and how that framework compares to the newly published OCC data.
- Check whether prior examination comments, matters requiring attention, or board reporting commitments referenced the fall 2025 report, and update those references now that Bulletin 2025-33 has been rescinded.
- Preserve a dated file of the bulletin and underlying report in the institution’s regulatory library so the spring 2026 benchmark can be tied to future board minutes, model validations, and examination responses.
Open Questions / Watch Items
- The bulletin does not summarize whether the spring 2026 data show rising, falling, or stable interest rate risk exposures across the covered populations.
- The release does not describe the measurement framework used in the report, including whether the principal statistics emphasize earnings sensitivity, economic value sensitivity, internal limits, or another combination of measures.
- The bulletin does not identify the reporting period or exam-cycle cutoff reflected in the spring 2026 data, which matters when institutions assess whether the dataset captures recent balance-sheet repositioning.
- The OCC does not explain in the bulletin whether any particular peer segment exhibited materially wider dispersion in limits or exposures than in prior editions.
- The release does not say how examiners should weigh peer statistics when an institution has a well-documented strategy that intentionally differs from its peer group.
- The bulletin is addressed broadly, including to federal branches and agencies, but it describes the report as based on OCC-supervised midsize and community banks and federal savings associations, leaving the practical relevance for other charter types less clear from the release alone.
My Law Tampa publishes this website memo as part of its regulatory developments library covering banking agency releases and related compliance issues.
This material is informational only, is not legal advice, and does not create an attorney-client relationship.
Source Materials
- Official publication: Bulletin 2026-14
- Regulator archive: OCC memo archive
- Memo library: browse the full regulatory memo archive
- Related memo: OCC Bulletin 2026-13: The New Interagency Standard for Model Risk Management
- Related memo: OCC Proposes New AML/CFT Program Requirements: A Strategic Shift for National Banks
- Related memo: OCC and FDIC Codify Prohibition on Reputation Risk in Supervisory Actions
