About the OCC:

Charles G. Dawes
Comptroller of the Currency, 1898 - 1901

Charles G. Dawes Appointed by President McKinley, Charles Dawes was, at 33, the youngest Comptroller of the Currency. During his term, the amount of capital required to charter a bank in a town with a population under 3,000 was reduced, which resulted in a dramatic increase in the number of small banks. During World War I, Dawes coordinated the procurement of supplies for the American Army in Europe. He later served as vice president of the United States, ambassador to Great Britain, and director of the Reconstruction Finance Corporation. In 1925, he was awarded the Nobel Peace Prize for the Dawes Loan Plan to Germany.

Comptrollers of the Currency

The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving in the best possible manner the banking needs of their customers.