Comptroller of the Currency, Administrator of National Banks Ensuring a Safe and Sound National Banking System for all Americans
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James H. Eckels
Comptroller of the Currency, 1893-1897

James H. Eckels James H. Eckels' appointment broke the precedent that only those with previous banking experience could serve as Comptroller. Ekels, a 35-year-old lawyer, was named Comptroller by President Cleveland. He made up in perseverance and skill what he lacked in experience. A month after Eckels took office, the country plunged into a deep financial crisis, the panic of 1893. His tireless efforts to restore confidence in the national banking system played an important role in bringing back the economic health of the nation. Eckels became president of a national bank in Chicago in 1898.

Comptrollers of the Currency

 

 

 

 

 

 

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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.

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