ICBA: ICBA Urges Congress to Ensure Deposit Insurance Reforms Enhance Small Business Coverage, Curb Favorable Too-Big-To-Fail Treatment
The Independent Community Bankers of America (ICBA) today called on Congress to consider deposit insurance reforms that enhance coverage for small businesses, address the more favorable regulatory treatment the nation’s largest banks receive under the current framework, and ensure community banks are not penalized. In a statement for the record for today’s Senate Banking Committee hearing on…
ABA: ABA Testifies at Senate Banking Committee Hearing on Deposit Insurance Reform
Today, Kenneth Kelly, chairman and CEO of Detroit-based First Independence Bank and chair-elect of the American Bankers Association, will testify on behalf of ABA at a hearing of the Senate Banking Committee exploring perspectives on deposit insurance reform. In his testimony, Kelly outlined ABA’s perspective on how the deposit insurance system “could be modernized to reflect…
Agencies Announce Third Public Outreach Meeting As Part of Their Review of Regulations Including CRA
Federal bank regulatory agencies will hold a hybrid public outreach meeting on October 30, 2025, in Kansas City, Missouri, as part of their review of regulations. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies, with input from the public, to review their regulations at least once every 10 years to identify…
FDIC: Enforcement Actions Manual Updated Regarding Minimum Standards for Termination of Cease-and-Desist and Consent Orders
The FDIC has updated chapter four of its Formal and Informal Enforcement Actions Manual (manual), entitled Cease-and-Desist Actions, regarding the agency’s minimum standards for terminating cease-and-desist and consent orders issued under Section 8(b) of the Federal Deposit Insurance (FDI) Act. The manual provides direction for professional staff related to the work necessary to pursue formal and informal enforcement actions….
FDIC: CRA Examination Schedule for Fourth Quarter 2025 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter 2025. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The Community Reinvestment Act is…
FDIC: Board Approves Proposal to Amend Official Signs and Advertising Requirements
The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a proposed rule to amend regulations governing the display of the FDIC official digital sign and non-deposit signage. The proposal would simplify requirements for banks’ display of the FDIC official digital sign and non-deposit signage on digital deposit-taking channels, such as bank websites and…
FDIC: Acting Chairman Travis Hill Issues Statement on Executive Order Titled “Guaranteeing Fair Banking for All Americans”
The FDIC fully supports President Trump’s Executive Order on politicized or unlawful debanking. As I’ve said in the past, debanking law-abiding customers is unacceptable and regulators must work to end it. The FDIC has taken several actions to further that objective, and soon, we plan to issue a rulemaking that would prohibit examiners from criticizing institutions on the basis…
Federal Bank Regulatory Agencies Seek Further Comment on Interagency Effort to Reduce Regulatory Burden
The federal bank regulatory agencies today announced their fourth notice requesting public comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act requires the agencies to review their regulations at least once every 10 years to identify outdated, unnecessary, or unduly burdensome regulatory requirements for their supervised institutions. To facilitate this review,…