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News Release 2024-60 | June 6, 2024

Acting Comptroller Discusses Improving Consumer Financial Health

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed improving customer financial health during a presentation at the Emerge Financial Health conference in Chicago.

Mr. Hsu’s written remarks in support of his presentation discussed the Office of the Comptroller of the Currency’s work to describe financial health and develop measures of financial health that banks may voluntarily use to support the financial stability, resilience, and security of their customers. Mr. Hsu also announced the publication of an OCC report that describes three Financial Health Vital Signs that banks may consider using to assess a customer’s financial health.

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