Agencies Issue Host State Loan-to-Deposit Ratios
Federal bank regulatory agencies today jointly issued updated host state loan-to-deposit ratios, as required by law. Each ratio compares the total loans in a state to total deposits in the state for all banks that are legally operating in that state. These ratios replace those issued in May 2025. By law, a bank is generally prohibited…
ABA: ABA & State Bankers Associations Urge OCC to Close Yield Loopholes in Stablecoin Rule
The American Bankers Association, joined by 52 state bankers associations, today submitted a comment letter to the Office of the Comptroller of the Currency urging the agency to strengthen its proposed rule implementing the GENIUS Act to ensure a meaningful and enforceable prohibition on interest and yield payments tied to stablecoins. Separately, ABA also submitted its own detailed comment…
ICBA: ICBA Congratulates House on Passage of Farm Bill
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on House passage of the Farm, Food, and National Security Act of 2026 (H.R. 7567) on a 224-200 vote. “ICBA and the nation’s community bankers congratulate the House of Representatives on passage of the farm bill. This is an…
ABA: ABA Applauds House Passage of the 2026 Farm Bill
“We thank the House for passing the 2026 Farm Bill, critical legislation that supports farmers, ranchers, and rural communities across the country. Banks remain a primary source of credit for agricultural producers of all sizes, and this bill strengthens the tools lenders need to meet the evolving needs of rural America. “The Farm Bill includes…
ABA: Statement on CFPB’s Section 1071 Final Rule
“We applaud the CFPB for finalizing a streamlined Section 1071 rule that addresses significant legal and operational concerns from the prior rule while providing clearer, more workable requirements for banks. This final 1071 rule appropriately refocuses on core lenders, products and data points without imposing undue compliance costs that would make it harder for America’s…
ICBA: ICBA Commends House Financial Services Committee for Advancing 1071 Relief for Community Banks
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House Financial Services Committee’s passage of the Small LENDER Act (H.R. 941), ICBA-advocated legislation to exempt most community banks from small-business data collection and reporting requirements under Section 1071 of the Dodd-Frank Act. “ICBA and the nation’s…
SBA: Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorized
S. 3971 backs America’s Seed Fund programs for five years, adds reforms to strengthen national security, accountability, and innovation Today, President Donald J. Trump signed into law S. 3971, the Small Business Innovation and Economic Security Act, which reauthorizes and reforms the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBA Administrator Kelly…
FDIC: Supervisory Guidance on Multiple Re-Presentment NSF Fees Rescinded
Summary: On June 16, 2023, the FDIC issued a Financial Institution Letter (FIL-32-2023) titled FDIC Clarifying Supervisory Approach Regarding Supervisory Guidance on Multiple Re-Presentment NSF Fees. This guidance described the FDIC’s supervisory approach relating to supervised institutions assessing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The FDIC is rescinding FIL-32-2023…
Treasury: New Rules Proposed to Prevent Abuse of Community Development Financial Institutions (CDFI) Fund Programs
The U.S. Department of the Treasury announced today that the CDFI Fund will issue rules concerning the treatment of CDFI Fund awards under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA). The rules are intended to ensure compliance with federal law and that taxpayer-funded federal public benefits are not diverted to subsidize…
Treasury: Rule Proposed to Implement the GENIUS Act’s Requirements to Counter Illicit Finance
Promotes American Leadership in Payment Stablecoins Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) issued a joint proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The proposed rule, which implements the GENIUS Act’s anti-money laundering…