MINNEAPOLIS – Former Lake Linden resident Josh Limanen recently got a job as a federal bank examiner working for an agency that’s been around more than 150 years.

The Office of the Comptroller of the Currency is the oldest federal regulatory agency. It was established in 1863 during the presidency of Abraham Lincoln, according to information supplied by the OCC.

The OCC is an independent bureau of the United States Department of the Treasury. It charters, regulates and supervises national banks and federal savings associations. It also supervises the federal branches and agencies of foreign banks. The OCC supervises the smallest institutions to the largest banks in the world.

The mission of the OCC is to ensure that the financial institutions it oversees are safe and sound, and that they provide fair access to services, treat customers fairly, and comply with laws and regulations related to banking.

According to the information provided by the OCC, the institutions it oversees hold about 71 percent of the country’s banking assets.

Bank examiners, such as Limanen, receive training, which allows them to investigate bank management and operations, capital, asset quality, earnings, liquidity, sensitivity, technology and compliance.