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OCC Announces April 2026 Enforcement Actions Against Banks and Former Bankers

The OCC released enforcement actions for April 2026 including a Consent Order against The Federal Savings Bank (Chicago, IL) for violations of Section 5 of the FTC Act related to deceptive acts or practices involving VA cash-out refinance loans with significant origination fees, increased interest rates, and increased monthly payments. Two former associate bankers—Shaira Ahmed at JPMorgan Chase Bank (Columbus, OH) and Marissa Murillo at BMO Bank N.A. (Chicago, IL)—received Orders of Prohibition for embezzling over $73,000 and making unauthorized withdrawals exceeding $164,000 respectively. The OCC also terminated three prior enforcement actions against CNB Bank & Trust, Generations Bank, and JPMorgan Chase Bank N.A.

Method for Defining Policy Across Information Model Exposed via API

The EPO granted JPMorgan Chase Bank, N.A. Patent EP3991065A1 for a method of defining security policy across information models exposed via an application programming interface (API). The invention covers techniques for managing access control and policy enforcement across API endpoints. The patent application was published April 8, 2026 and covers 38 designated contracting states.