Skip to main content
OCC Flag

An official website of the United States government

OCC Bulletin 2020-40 | April 16, 2020

Consumer Compliance: FFIEC Federal Disclosure Computational Tools


Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties


On April 16, 2020, the Federal Financial Institutions Examination Council (FFIEC)1 announced the availability of two FFIEC Federal Disclosure Computational Tools: the Annual Percentage Rate (APR) Computational Tool and the Annual Percentage Yield (APY) Computational Tool. These web-based tools facilitate supervision of financial institutions with regard to applicable laws and regulations and assist financial institutions in their efforts to comply with those laws and regulations.

The Office of the Comptroller of the Currency (OCC) has discontinued use of the OCC's Annual Percentage Rate Calculation Program for Windows (APRWIN) and Annual Percentage Yield Calculation Program for Windows (APYWIN) in favor of the FFIEC Federal Disclosure Computational Tools. The OCC's APRWIN and APYWIN are no longer available for download.

Note for Community Banks

The FFIEC Federal Disclosure Computational Tools are available to community banks.2


The FFIEC's APR Computational Tool

  • supports the process by which examiners and financial institutions can verify applicable calculations included on consumer loan disclosures subject to the Truth in Lending Act and its implementing regulation, Regulation Z.
  • supports verification of compliance with the Military Annual Percentage Rate limits for applicable installment loans under the Military Lending Act.

The FFIEC's APY Computational Tool supports verification of APY calculations on consumer deposit account disclosures, including advertisements and periodic statements, subject to the Truth in Savings Act and its implementing regulation, Regulation DD.

Further Information

Please contact Paul R. Reymann, Director for Consumer Compliance Policy, at (202) 649-5470.

Grovetta N. Gardineer
Senior Deputy Comptroller for Bank Supervision Policy

Related Link

1 The FFIEC comprises the principals of Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, and State Liaison Committee.

2 The term "banks" refers collectively to national banks, federal savings associations, and federal branches and agencies of foreign banking organizations.