ICBA: ICBA Supports Bill to Strengthen Deposit Insurance While Minimizing Costs to Community Banks
The Independent Community Bankers of America (ICBA) expressed support for legislation to strengthen the nation’s deposit insurance system while minimizing additional costs for community banks. Introduced by Sens. Bill Hagerty (R-Tenn.) and Angela Alsobrooks (D-Md.), the Main Street Depositor Protection Act would provide expanded deposit insurance coverage of up to $10 million per depositor for noninterest-bearing transaction…
ABA: ABA Foundation and FICO Announce New Partnership Ahead of 2025 Get Smart About Credit Day
The American Bankers Association Foundation, in partnership with analytics software leader FICO and bankers across the country, will celebrate the 2025 Get Smart About Credit Day next week on Thursday, Oct. 16. Get Smart About Credit, now in its 23rd year, is a year-round campaign that kicks off annually on the third Thursday of October….
Agencies Issue Proposal to Focus Supervision on Material Financial Risks
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today issued a joint notice of proposed rulemaking that would continue their effort to focus supervision on material financial risks. Among other things, the proposal would define the term “unsafe or unsound practice” for purposes of section 8 of the…
Agencies Issue Proposal to Prohibit Use of Reputation Risk by Regulators in Supervisory Programs
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today issued a joint notice of proposed rulemaking that would codify the elimination of reputation risk from their supervisory programs. The proposed rule would define “reputation risk” and prohibit the agencies from criticizing or taking adverse action against an…
OCC: Notice of Proposed Rulemaking Issued to Simplify Community Bank Licensing Amendments
The Office of the Comptroller of the Currency (OCC) is proposing to amend its regulations to simplify licensing requirements for corporate activities and transactions involving national banks and federal savings associations that have less than $30 billion in total assets and satisfy certain conditions. The proposed rule is intended to reduce burden on these institutions….
OCC: Notice of Proposed Rulemaking Issued to Rescind 12 CFR 27 Fair Housing Home Loan Data System
On October 6, 2025, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking to rescind 12 CFR 27, “Fair Housing Home Loan Data System.” In connection with the OCC’s ongoing efforts to tailor bank supervision and regulation to bank risk profile, the OCC has reviewed 12 CFR 27 (part…
OCC: Actions Announced to Reduce Regulatory Burden for Community Banks
The Office of the Comptroller of the Currency (OCC) today announced guidance to banks and proposed rulemakings to reduce regulatory burden for community banks. These actions build upon the OCC’s continued efforts to tailor its regulatory and supervisory frameworks to minimize burden for its regulated institutions and promote economic growth. “Community banks have an outsized…
CDFI Fund: Operating Status During Federal Government Shutdown Released
For the duration of the federal government shutdown, limited Community Development Financial Institutions Fund (CDFI Fund) staff and services will be available as described below. Any regularly scheduled webinars, such as the next monthly Transaction Level Report webinar on October 1st and the CDFI Certification webinar on October 2nd, are cancelled and may be rescheduled once the…
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