Capturing the important news of the day in an easy to access way. We post news we feel is relevant to our members and community banks nationwide.
Whitelist [email protected] to ensure that you receive your update email.
If you’re still having difficulties receiving this Daily Email Campaign, please contact us at once through [email protected].
SEC Proposes Amendments to Permit Optional Semiannual Reporting by Public Companies
May 6, 2026 / Source: SEC
For Immediate Release 2026-42 Washington D.C., May 5, 2026 — The Securities and Exchange Commission today proposed rule and form amendments that would give public companies the option of filing semiannual reports in lieu of quarterly reports to meet their interim reporting obligations under the federal securities laws. Public companies, subject to Exchange Act Section…
FinCEN Consolidates and Updates Customer Due Diligence FAQs to Align with Exceptive Relief Order
May 6, 2026 / Source: FinCEN
The Financial Crimes Enforcement Network (“FinCEN”) is re-issuing frequently asked questions (FAQs) regarding customer due diligence requirements for covered financial institutions. These FAQs were separately published on July 19, 2016, April 3, 2018, and August 3, 2020, to assist covered financial institutions in understanding the scope of the final rule Customer Due Diligence Requirements for Financial…
FDIC Issues List of Banks Examined for CRA Compliance
May 5, 2026 / Source: FDIC
May 5, 2026 WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2026. The CRA is a 1977 law that requires the FDIC to assess…
OCC Releases CRA Performance Evaluations for 21 National Banks and Federal Savings Associations
May 4, 2026 / Source: OCC
News Release 2026-34|May 4, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of April 1, 2026, through April 30, 2026. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire…
Small Business Lending under the Equal Credit Opportunity Act (Regulation B)
May 3, 2026 / Source: CFPB
MAY 01, 2026 The Consumer Financial Protection Bureau is revising certain provisions of Regulation B, subpart B, which implements changes to the Equal Credit Opportunity Act made by section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Bureau is amending coverage of certain credit transactions and financial institutions; the small business definition;…
Prohibition Against Interstate Deposits: Annual Host State Loan-to-Deposit Ratios
May 3, 2026 / Source: OCC
OCC Bulletin 2026-19|May 1, 2026 The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued on May 1, 2026, the host state loan-to-deposit (LTD) ratios. The OCC is issuing this bulletin to inform banks1 about how these ratios are…
OCC Stablecoin Rules Must Address Issuer Risks and Protect Consumers
May 3, 2026 / Source: CSBS
May 1, 2026 Download PDF Washington, D.C. – The Conference of State Bank Supervisors (CSBS), joined by the Money Transmitter Regulators Association, today submitted comments to the Office of the Comptroller of the Currency (OCC) requesting changes to its proposed rule to implement the GENIUS Act. The letter emphasized state supervisors’ foundational role in United States stablecoin oversight…
Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Recordkeeping Requirements for Securities Transactions
April 30, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to,…
Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Reporting, Recordkeeping, and Disclosure Requirements Associated With Proprietary Trading and Certain Interests in and Relationships With Covered Funds
April 30, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to,…
Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of the Registration of Money Services Businesses Regulation and FinCEN Form 107
April 30, 2026 / Source: Financial Crimes Enforcement Network (FinCEN), Treasury
As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on a renewal, without change, to information collection requirements contained in Bank Secrecy Act (BSA) regulations and FinCEN Form 107—Registration of Money Services Business (RMSB). Under the regulations, money services businesses (MSBs) must register with FinCEN using FinCEN Form 107,…
Order Preempting the Illinois Interchange Fee Prohibition Act – Interim Final Order
April 29, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury.
The OCC is issuing an interim final order concluding that Federal law preempts the Illinois Interchange Fee Prohibition Act, which purports to prohibit national banks and Federal savings associations from charging or receiving interchange fees on the tax and gratuity portions of payment card transactions; and restrict the use of payment card transaction data. The…
National Bank Non-Interest Charges and Fees – Interim Final Rule
April 29, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury.
The OCC is adopting an interim final rule to clarify that national banks’ power to charge non-interest charges and fees includes the power to assess, collect, impose, levy, receive, reserve, take, or otherwise obtain non-interest charges and fees, including interchange fees from credit and debit card operations. Further, the interim final rule explains that national…
Regulatory Capital Rule: Community Bank Leverage Ratio Framework – Final Rule
April 29, 2026 / Source: Office of the Comptroller of the Currency, Treasury; the Board of Governors of the Federal Reserve System; and the Federal Deposit Insurance Corporation
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are adopting a final rule that lowers the community bank leverage ratio (CBLR) requirement from 9 percent to 8 percent, consistent with the lower bound provided in section 201 of the Economic…
Federal Reserve issues FOMC statement
April 29, 2026 / Source: FRB
April 29, 2026 Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the recent increase in global energy prices. The Committee seeks to achieve maximum employment and…
HUD and USDA Announce Major Rescission of Building Code Requirements
April 28, 2026 / Source: HUD
WASHINGTON, DC – Secretary Scott Turner and Secretary Brooke Rollins today announced the rescission of a costly Biden Administration-era policy which added at least $20,000 to the cost of home construction. A 2024 Final Determination issued under President Biden rendered all new home construction ineligible for an FHA or USDA-backed mortgage loan unless the home was…
FHFA House Price Index® Unchanged in February; Up 1.7 Percent from Last Year
April 28, 2026 / Source: FHFA
04/28/2026 Washington, D.C. – U.S. house prices were unchanged in February, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 1.7 percent from February 2025 to February 2026. The previously reported 0.1 percent price change in January was revised upward to 0.2 percent. For the nine census divisions, seasonally…
Same Day ACH Per Payment Limit to Increase to $10 Million
April 27, 2026 / Source: Nacha
SAN DIEGO, April 27, 2026 – The Same Day ACH per payment limit will rise to $10 million under a Rule change approved by the Nacha membership, Nacha announced today at its Smarter Faster Payments 2026 conference. The increase takes effect Sept. 17, 2027, and will be the third increase in the history of Same…
IRS announces new option for certain taxpayers to request more time after ERC claim disallowance
April 27, 2026 / Source: IRS
IR-2026-58, April 27, 2026 WASHINGTON — The Internal Revenue Service today announced a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayer’s response to a disallowance of an Employee Retention Credit (ERC) claim to avoid refund litigation. When an…
CSBS Statement on the OCC’s Proposed Rule to Preempt the Illinois Interchange Fee Prohibition Act
April 27, 2026 / Source: CSBS
Apr 27, 2026 Washington, D.C. – The Illinois Interchange Fee Prohibition Act (IFPA) raises difficult policy questions and creates operational complexities and compliance risks for banks. Whether the law rises to the standard of “preventing or significantly interfering” with a national bank’s powers to process payments and extend credit will have a critical precedential impact on…
Treasury Moves to Prevent Abuse of Community Development Financial Institutions Fund Programs
April 27, 2026 / Source: U.S. Department of the Treasury
April 27, 2026 WASHINGTON— The U.S. Department of the Treasury announced today that is has initiated a review of certified Community Development Financial Institutions (CDFIs) to identify potential violations of applicable law or CDFI requirements and to help ensure that CDFIs that receive federal assistance act as proper stewards of taxpayer funds. “CDFIs play…
Notice of Proposed Rulemaking: Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Association Nondiscrimination Requirements
April 26, 2026 / Source: OCC
OCC Bulletin 2026-16|April 24, 2026 Summary The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to rescind or amend certain regulations that are unnecessary, based on anything other than the best reading of the underlying statutory authority, or lacking clear statutory authority, consistent with Executive Order 14219, Ensuring Lawful…
OCC Issues Two Interim Final Actions Clarifying Bank Powers under Federal Law and the Preemption of a Related State Law
April 26, 2026 / Source: OCC
News Release 2026-32|April 24, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced an interim final rule and interim final order related to activities of national banks and Federal savings associations. The interim final rule clarifies the longstanding powers under Federal law for national banks to charge certain fees, regardless of whether those…
Community Bank Leverage Ratio: Final Rule
April 23, 2026 / Source: OCC
OCC Bulletin 2026-15|April 23, 2026 Summary The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the federal banking agencies) issued a final rule to relieve regulatory burden on certain qualifying community banks by revising the community bank leverage ratio (CBLR) framework….
Homebuying Advances into New Era of Credit Score Competition
April 22, 2026 / Source: FHFA
Federal Housing Administration joins Fannie and Freddie in implementing VantageScore 4.0 and FICO 10T 04/22/2026 Washington, D.C. — Today the U.S. government is ushering in a new era of competition in our nation’s mortgage market. In a joint announcement, HUD Secretary Scott Turner and FHFA Director William J. Pulte announced that the Federal Housing Administration and Fannie…
Final Rule: Equal Credit Opportunity Act (Regulation B)
April 22, 2026 / Source: Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (Bureau or CFPB) is issuing a final rule that amends provisions related to disparate impact, discouragement of applicants or prospective applicants, and special purpose credit programs under Regulation B, the regulation implementing the Equal Credit Opportunity Act (ECOA or Act). The amendments facilitate compliance with ECOA by clarifying the obligations…