OCC Elevates Chartering Function; Names Stephen Lybarger as Senior Deputy Comptroller for Chartering, Organization and Structure — 2025-09-09

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the elevation and renaming of its chartering and licensing function and the appointment of Stephen Lybarger as Senior Deputy Comptroller for Chartering, Organization and Structure. “The business of banking is innovating at a rapid pace. Elevating the OCC’s chartering and licensing activities to be managed by a Senior Deputy Comptroller reflects the strategic value of these functions to our agency and the federal banking system,” said Comptroller of the Currency Jonathan V. Gould. “It further affirms the OCC’s support for the formation of de novo banks, signals its openness to considering business combinations that foster competition and better support consumers and communities, and recognizes our new remit to license payment stablecoin issuers.