# National Banks and Federal Savings Associations as Lenders
> **OCC** · Final rule. · Published 2020-10-30 · Effective 2020-12-29 · 85 FR 68742
## Document
- **Document number:** 2020-24134
- **Category:** banking-occ
- **Sub-agency:** OCC
- **Federal Register citation:** 85 FR 68742
- **CFR reference:** 12 CFR 7
- **Publication date:** 2020-10-30
- **Effective date:** 2020-12-29
- **Treasury docket:** Docket ID OCC-2020-0026
## Abstract

The Office of the Comptroller of the Currency (OCC) is issuing this final rule to determine when a national bank or Federal savings association (bank) makes a loan and is the "true lender," including in the context of a partnership between a bank and a third party, such as a marketplace lender. Under this rule, a bank makes a loan if, as of the date of origination, it is named as the lender in the loan agreement or funds the loan.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/10/30/2020-24134/national-banks-and-federal-savings-associations-as-lenders)
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