# OCC Details TD and BMO Cases in Review of Nine National Banks By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/33790 Published: 2026-10-17T06:20:58.000Z Updated: 2026-10-17T06:20:58.000Z Section: Regulation > The 2020-25 review covered policies tied to political or religious beliefs and lawful business, and described restrictions affecting digital-asset firms at institutions it did not identify. The Office of the Comptroller of the Currency (OCC) said practices at nine large national banks could have shaped whether customers with particular political views, religious beliefs or lawful businesses received financial services. The findings also matter to crypto businesses because the review described banking restrictions affecting digital-asset firms. The OCC released its findings Oct. 14. The banks named were JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, U.S. Bank, Capital One, PNC Bank, TD Bank and BMO Bank. The review covered policies and practices from 2020 through September 2025. The review examined nearly 100,000 complaints to OCC-regulated institutions and about 50,000 documents provided by banks, totaling roughly 420,000 pages. It does not give an aggregate count of customers or accounts denied services. At TD Bank, loan requests from a pro-life nonprofit were flagged for review by the bank’s reputational risk committee. In a separate case, TD treated a faith-based health care sharing ministry’s line of credit as a reputational concern and considered its moral and religious rules inconsistent with the bank’s diversity and inclusion principles. A 2022 BMO review concerned lending to a longtime customer that made empty firearm magazines and other tactical products. A senior risk officer approved continuing the relationship under ongoing monitoring, with a quarterly threshold requiring those products to account for less than 30% of the customer’s sales. The example describes a monitored relationship, not an account closure. The review also described policies at many institutions restricting banking access for digital-asset issuers, exchanges and administrators, often citing financial-crime concerns. Its summary does not identify which institutions applied those restrictions, so they cannot be attributed specifically to TD or BMO. Earlier coverage examined [banking limits on digital-asset firms at nine banks](). The OCC conducted the review under Executive Order 14331, “Guaranteeing Fair Access to Banking for All Americans,” issued Aug. 7, 2025. On Oct. 14, the Consumer Financial Protection Bureau announced an initiative addressing debanking by large banks. Comptroller of the Currency Jonathan V. Gould said, “Americans should have access to financial services regardless of their beliefs, affiliations, or political views.” The Bank Policy Institute said, “We support efforts to establish clear and consistent standards that promote access while maintaining sound risk management.” The OCC is considering further regulatory and supervisory changes. Its Oct. 14 release announced no bank-specific penalty or enforcement order. ## Links in this article - [banking limits on digital-asset firms at nine banks](https://www.tokenpost.com/news/regulation/31979)