About the OCC:

John Jay Knox
Comptroller of the Currency, 1872 - 1884

John Jay Knox, a banker and Treasury Department official, served as deputy comptroller for five years before being appointed Comptroller by President Grant. During his 12-year term, the use of "national" in the title of any banking institution other than a national bank was prohibited, and the corporate existence of national banks was extended, so that banks could operate for an additional 20 years without being rechartered. Knox's term was marked by the short but acute panic of 1873. He resigned to accept the presidency of a national bank in New York City.

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.