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].
Disney to Pay $10 Million to Settle FTC Allegations the Company Enabled the Unlawful Collection of Children’s Personal Data
September 2, 2025 / Source: FTC
Disney will pay $10 million to settle Federal Trade Commission allegations that the company allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining their consent as required by the Children’s Online Privacy Protection Rule (COPPA Rule). The proposed order would transform how the entertainment behemoth designates videos on…
OCC Releases CRA Performance Evaluations for 11 National Banks and Federal Savings Associations
September 2, 2025 / Source: OCC
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 August 1, 2025, through August 31, 2025. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire community, including low- and…
Treasury Intensifies Pressure on Iranian Oil Smuggling and Sanctions Evasion Schemes in Iraq
September 2, 2025 / Source: Treasury
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra’i (al-Samarra’i) for smuggling Iranian oil disguised as Iraqi oil. This network operates primarily by covertly blending Iranian oil with Iraqi oil, which is then marketed intentionally as solely of Iraqi…
FDIC Issues CRA Examination Schedule for Fourth Quarter 2025
September 1, 2025 / Source: FDIC
WASHINGTON – 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…
Federal Reserve Board announces final individual capital requirements for large banks, effective on October 1
September 1, 2025 / Source: FRB
Following its stress test earlier this year, the Federal Reserve Board on Friday announced final individual capital requirements for large banks, effective on October 1. Large bank capital requirements are informed by the Board’s stress test results, which provide a risk-sensitive and forward-looking assessment of capital needs. In April, the Board proposed a rule to…
OCC Decreases the September 30, 2025, Assessment Rates for National Banks and Federal Savings Associations
September 1, 2025 / Source: OCC
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a decrease in assessment rates for the September 30, 2025, semiannual assessment. This is the fifth decrease in assessments since 2017 and will apply to all OCC-regulated institutions. “The OCC is operating more efficiently through a diligent effort to modernize its approach to bank…