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Agencies Issue Joint Proposal Amending the Community Reinvestment Act Rules
July 31, 2026 / Source: Federal Deposit Insurance Corporation
WASHINGTON— The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today proposed targeted changes to their current rules implementing the Community Reinvestment Act (CRA) to better align with the statutory mandate; better ensure that community development grants reach the communities they are intended to benefit; reduce burden for…
FDIC Board Approves Proposal to Amend Regulations Regarding Lending Limits for Bank Insiders
July 31, 2026 / Source: Federal Deposit Insurance Corporation
WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a notice of proposed rulemaking that would raise and index thresholds for certain lending limits for executive officers and other insiders of FDIC-supervised institutions. The proposed rule seeks to ensure that the FDIC’s lending thresholds to insiders align with those proposed by the Board of…
Federal Reserve Board Requests Comment on a Proposal to Modernize Rules for Mutual Banking Organizations
July 31, 2026 / Source: Board of Governors of the Federal Reserve System
The Federal Reserve Board on Friday requested comment on a proposal to modernize rules for mutual banking organizations. These institutions are owned by depositors rather than shareholders, and more than 90 percent have less than $3 billion in total assets. The Board assumed regulatory and supervisory authority over mutual banks from the Office of Thrift…
Federal Reserve Board Request for Comment: Proposal to Modernize Its Rule Governing the Extension of Credit to Bank “Insiders”
July 31, 2026 / Source: Board of Governors of the Federal Reserve System
The Federal Reserve Board on Friday requested comment on a proposal to modernize its rule governing the extension of credit to bank “insiders”—bank executives, board members and major shareholders who could potentially influence a bank’s lending decisions. The proposal updates outdated thresholds while maintaining safeguards against preferential treatment. Regulation O has not been comprehensively updated…
G7 2026 CROSS BORDER COORDINATION EXERCISE (CBCE)
July 31, 2026 / Source: US Department of the Treasury
July 31, 2026 The G7 Cyber Expert Group (CEG) successfully concluded its 2026 Cross-border-coordination exercise (CBCE) on May 18, 2026. This exercise demonstrates the Group’s ongoing commitment to strengthening cyber resilience across the G7 financial sector. A long-term exercise strategy has now been adopted to increase the frequency and consistency of these simulations, thereby enhancing…
Auto Dealership to Pay $137,000 for Mishandling Servicemembers’ Vehicle Leases
July 30, 2026 / Source: US Department of Justice
The Justice Department today announced that Holmes Motors Inc., a “lease here, pay here” dealership with locations in Mississippi, Alabama, and Georgia, has agreed to pay over $137,000 to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) by illegally repossessing vehicles owned by servicemembers and failing to refund security deposits and prepaid lease amounts…
OCC Continues Community Bank Comeback with Revised CBLR Framework
July 30, 2026 / Source: Office of the Comptroller of the Currency
WASHINGTON—The Office of the Comptroller of the Currency today issued a revised compliance guide for the community bank leverage ratio (CBLR) framework as part of its ongoing work to provide regulatory relief for community banks. “Community banks are the backbone of the American economy, serving as the conduit to capital for small businesses and hardworking…
Community Bank Leverage Ratio Framework: Community Bank Compliance Guide Update
July 30, 2026 / Source: The Office of the Comptroller of the Currency, the Federal Reserve Board, and Federal Deposit Insurance Corporation
Summary: The Office of the Comptroller of the Currency, the Federal Reserve Board, and Federal Deposit Insurance Corporation (together, the agencies) are issuing an updated community bank leverage ratio (CBLR) framework compliance guide, consistent with the changes made to the framework in the CBLR final rule published in April 2026. CBLR Framework Community Bank Compliance…
Federal Reserve Issues FOMC Statement
July 29, 2026 / Source: Board of Governors of the Federal Reserve System
The Federal Open Market Committee approved the following statement for release by a 9 – 3 vote: The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the…
FHFA House Price Index® Up 0.3 Percent in May; Up 2.2 Percent from Last Year
July 28, 2026 / Source: Federal Housing Finance Agency
07/28/2026 Washington, D.C. – U.S. house prices rose nationwide in May, up 0.3 percent from the previous month, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 2.2 percent from May 2025 to May 2026. The previously reported 0.1 percent price decline in April remained unchanged. For…
Former CPA and International Fugitive to Face Charges of Failing to Report Foreign Bank Accounts and Filing False Documents with the IRS
July 28, 2026 / Source: US Department of Justice
A Florida man appeared for the first time in federal court yesterday to face tax and false statement charges. In July 2021, a federal grand jury returned a second superseding indictment charging Brian Nelson Booker, a former resident of Fort Lauderdale, Florida, with failing to file Reports of Foreign Bank and Financial Accounts (FBARs), filing…
Three New Nacha Rules Approved
July 27, 2026 / Source: Nacha
Nacha voting members have approved three new Nacha Rules—including one which took effect immediately, opening the ACH Contact Registry to the U.S. Treasury’s Bureau of the Fiscal Service (BFS). “The Rule came about after BFS approached Nacha, asking to be included in the Registry,” said Devon Marsh, Nacha Managing Director, ACH Network Rules and Risk…
Agency Information Collection Activities: Proposed Information Collection; Comment Request; Applications for Licensing or Registration To Issue Payment Stablecoins Under the GENIUS Act
July 27, 2026 / Source: Federal Register
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,…
FinCEN Issues Alert on Fraud Schemes Targeting Federal Student Aid
July 24, 2026 / Source: FinCEN
July 24, 2026 WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert urging financial institutions to detect, prevent, and report suspicious activity connected to fraud schemes targeting student aid programs administered by the Federal government. Today’s action is the latest in Treasury’s efforts, led by President Trump and Vice President Vance,…
Proposed Amendment to the Definition of Huione Group, a Financial Institution Operating Outside the United States of Primary Money Laundering Concern; Extension of Comment Period
July 24, 2026 / Source: Financial Crimes Enforcement Network (FinCEN), Treasury.
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Notice of proposed rulemaking; extension of comment period. SUMMARY: FinCEN is extending the comment period for the referenced notice of proposed rulemaking (NPRM) it published to amend the existing definition of Huione Group to include, within the definition of that group, H-Pay Service PLC, and adding and…
Q4 Events Are Now Available – Register Today
July 23, 2026 / Source: Compliance Alliance
Registration is now open for our Q4 events! Our lineup includes webinars, live Compliance Huddles, and the Wealth Management & Trust Compliance Conference. Upcoming Q4 Webinars All webinars start at 12:30 PM Pacific / 1:30 PM Mountain / 2:30 PM Central / 3:30 PM Eastern. Compliance Huddles Every month, Compliance Alliance gathers bankers from our…
FCC Consumer Alert: Bank Impersonation Scams
July 23, 2026 / Source: FCC
Consumer Complaints:Online: https://consumercomplaints.fcc.govPhone: (888) 225-5322Videophone: 1-844-432-2275 FCC Consumer Alert: Bank Impersonation ScamsBank Imposters Pressure Consumers to Take Immediate Action to Protect Their Money The Federal Communications Commission today warned consumers to be alert for bank impersonation scams. Imposter scams continue to bombard consumers and, according to the FTC, bank impersonation scams account for the highest…
FinCEN Extends Comment Period for Proposed Rule To Amend the Definition of Huione Group
July 22, 2026 / Source: FinCEN
Immediate Release July 22, 2026 Due to a technological issue that prevented the public from electronically filing comments for several days, the Financial Crimes Enforcement Network (FinCEN) is extending the comment period for the notice of proposed rulemaking (NPRM) it published in June to amend the existing definition of Huione Group to include H-Pay Service…
Treasury Announces Investment Lineup for Trump Accounts
July 22, 2026 / Source: U.S. Department of the Treasury
July 1, 2026 WASHINGTON, D.C. — The U.S. Department of the Treasury today announced the investment lineup for Trump Accounts, including the initial default investment that will be available at launch and four additional low-cost index fund options that responsible parties will be able to elect in the coming months. Through Trump Accounts, American families will…
DOL: Technical Release 2026-02 – Trump Accounts
July 22, 2026 / Source: DOL
Purpose and OverviewIn anticipation of the U.S. Department of the Treasury’s (Treasury) plan to implement a program facilitating the establishment of Trump accounts (Trump accounts) pursuant to section 530A of the Internal Revenue Code (Code), the regulated community has requested that the Department of Labor (Department) clarify whether Title I of the Employee Retirement Income…
Treasury Successfully Implements New Safeguard to Stop Payments to Deceased Individuals
July 21, 2026 / Source: U.S. Department of the Treasury
July 21, 2026 New Verification Process Screened Over 885 Million Federal Payments Worth Nearly $2.7 Trillion WASHINGTON – The U.S. Department of the Treasury and the Bureau of the Fiscal Service announced the successful implementation of a new government-wide payment verification process that helps stop federal payments from being sent to deceased individuals, fulfilling a key…
Reporting Forms and Instructions Associated With Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
July 20, 2026 / Source: Federal Deposit Insurance Corporation (FDIC)
AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. SUMMARY: The FDIC invites comment on new forms and instructions associated with an Office of Management and Budget (OMB) control number (3064-0225) assigned in connection with a notice of proposed rulemaking. In accordance with the requirements of the Paperwork Reduction Act of 1995…
FTC: Proposed Policy Statement Concerning the Suppression of Accuracy in Artificial Intelligence Systems
July 20, 2026 / Source: FTC
July 1, 2026 An AI company might be tempted to alter or steer the output of its systemscontrary to consumers’ reasonable expectations for various reasons, including attempted compliance with a state law, such as Colorado’s recently revised Artificial Intelligence Act. But steering an AI system in this manner may deceive consumers in violation of Section…
White House Launches Gold Eagle Initiative for Unprecedented Cybersecurity Vulnerability Coordination
July 20, 2026 / Source: The White House
The White House July 14, 2026 President Trump’s bold vision to secure and accelerate American artificial intelligence (AI) innovation is being actioned through the creation of “GOLD EAGLE,” a clearinghouse that enables unprecedented cybersecurity vulnerability coordination. Open-source software partners and American critical infrastructure companies built a coordinated system to receive and patch cyber vulnerabilities at…
GENIUS Act: Proposed Reporting Forms and Instructions for FDIC-Supervised Permitted Payment Stablecoin Issuers
July 17, 2026 / Source: FDIC
July 17, 2026 Summary: On April 10, 2026, as part of a proposed rule that would implement requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the Federal Deposit Insurance Corporation (FDIC) proposed a new information collection that would include weekly and quarterly reporting forms that must be completed by FDIC-supervised…