About the OCC:

Preston Delano
Comptroller of the Currency, 1938 - 1953

Preston Delano held office for 14 years, the longest term of any Comptroller. Delano was a businessman and investment counselor and was serving as governor of the Home Loan Bank Board when he was appointed Comptroller by President Franklin Roosevelt. He was responsible for preserving and stabilizing the national banks during wartime, when there was a vast increase in the volume of money needed for war expenditures and government debt rose substantially. Delano entered retirement after his resignation.

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.