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Federal Reserve issues initial findings from its 2025 triennial payments study
July 1, 2026 / Source: Federal Reserve Board
The Federal Reserve on Wednesday issued initial findings from its 2025 triennial payments study. The information shows how consumers and businesses chose to make noncash payments, using different types of cards, ACH payments, and checks. The study shows that the total number of noncash payments made by consumers and businesses increased to 236.6 billion in…
OCC Reports First Quarter 2026 Bank Trading Revenue
June 30, 2026 / Source: OCC
News Release 2026-53|June 30, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $16.3 billion in the first quarter of 2026. The first quarter trading revenue was $1.7 billion, or 11.4 percent, more than in the previous quarter and $862 million, or 5.6…
OCC Reports Mortgage Performance for First Quarter of 2026
June 30, 2026 / Source: OCC
News Release 2026-52|June 30, 2026 WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the first quarter of 2026. The OCC Mortgage Metrics Report, First Quarter 2026 showed that 97.7 percent of mortgages included in the report were current and performing at the end of…
FinCEN Issues Supplemental Alert on Fuel Smuggling and Tax Evasion Schemes on the Southern Border Associated with Mexico-Based Cartels
June 30, 2026 / Source: FinCEN
Immediate Release June 30, 2026 Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a supplemental Alert to advise financial institutions to be vigilant in detecting, identifying, and reporting suspicious activity connected to Cartel de Jalisco Nueva Generacion (CJNG) and other Mexico-based transnational criminal organizations smuggling fuel from the United States…
Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
June 30, 2026 / Source: OCC
News Release 2026-51|June 30, 2026 Federal bank regulatory agencies today released the 2026 list of certain geographies where certain bank activities are eligible for Community Reinvestment Act (CRA) credit. Under the CRA, the agencies assess a bank’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and…
Launch of OFAC Reconsideration Portal
June 29, 2026 / Source: OFAC
06/29/2026 The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is launching a new online Reconsideration Portal for the submission of requests to be removed from an OFAC sanctions list. This portal is intended to streamline the petitions process by guiding submitters to provide necessary information upfront, rather than through a series of questionnaire/answer…
FDIC Webinar: Trending Scams and Fraud Prevention for Older Adults
June 29, 2026 / Source: FDIC
Event Date Tuesday, June 30, 2026, 2–3 p.m. ET Location Webinar In observance of World Elder Abuse Awareness Day, the FDIC invites you to a national event focused on protecting older adults and their families from scams and other forms of financial exploitation. This program will showcase how Money Smart for Older Adults (MSOA) helps individuals recognize…
HUD Slashes More Red Tape to Lower Costs, Improve Affordability
June 29, 2026 / Source: HUD
New Federal Housing Administration Single Family policy changes remove barriers and expand homeownership opportunities. June 23, 2026 WASHINGTON – HUD is announcing fourteen policy changes to its Federal Housing Administration (FHA) Single Family mortgage insurance program that lower costs, reduce regulatory burdens, and improve affordability for Americans seeking FHA-insured mortgages. The changes eliminate outdated requirements, reduce…
Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD) Portal
June 26, 2026 / Source: U.S. Department of Housing and Urban Development
The Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD) portal is a web-based technology system that enables electronic transmission of appraisal reports to FHA from FHA mortgagees and/or their designated third-party service provider(s) prior to loan endorsement. What You Can Do in the EAD Portal Access the Portal When to Use the Portal Mortgagees must…
CFPB Announces Joint Final Rule on Adopting Uniform Standards for Reporting Financial Data
June 25, 2026 / Source: CFPB
JUN 25, 2026 Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) finalized rulemaking that establishes technical standards for data submitted to certain financial regulatory agencies. This joint final rule is required under the Financial Data Transparency Act of 2022 to promote interoperability of financial regulatory data across the Securities and Exchange Commission, the Board…
Credit Risk: “Lending and Loan Portfolio Risk Management” Booklet of the Comptroller’s Handbook and Rescissions
June 25, 2026 / Source: OCC
June 25, 2026 Summary The Office of the Comptroller of the Currency today issued the “Lending and Loan Portfolio Risk Management” booklet of the Comptroller’s Handbook. Rescissions The “Lending and Loan Portfolio Risk Management” booklet revises and combines the following, which are rescinded with the publication of this booklet: Also rescinded is OTS Thrift Bulletin 78a,…
Notice of Proposed Rulemaking on Disclosure of Information
June 25, 2026 / Source: FDIC
June 25, 2026 Summary: On June 25, 2026, the FDIC Board of Directors approved a notice of proposed rulemaking that would amend the FDIC’s Rules and Regulations governing the disclosure of information. The proposed rule would provide insured depository institutions (IDIs) with more flexibility to share confidential supervisory information for appropriate business purposes. In addition,…
Notice of Proposed Rulemaking on Assessments Thresholds, Rate Schedules, and Adjustments
June 25, 2026 / Source: FDIC
June 25, 2026 Summary: On June 25, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors approved a notice of proposed rulemaking to: (1) increase the $10 billion asset threshold in the definitions of small and large institutions for deposit insurance assessments to $30 billion and adjust the threshold every four years pursuant to a…
Notice of Proposed Rulemaking to Amend the Rule Requiring Resolution Submissions by Covered Insured Depository Institutions
June 25, 2026 / Source: FDIC
June 25, 2026 Summary: On June 25, 2026, the FDIC Board of Directors (Board) approved a notice of proposed rulemaking that would revise the resolution submission requirements that currently apply to insured depository institutions (IDIs) with $50 billion or more in total assets (IDI Rule). Among other things, the proposal would significantly streamline filing requirements…
Federal Reserve Board’s annual bank stress test confirms that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses
June 24, 2026 / Source: Federal Reserve Board
June 24, 2026 The results of the Federal Reserve Board’s annual bank stress test confirmed that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses. Despite absorbing more than $708 billion in total loan losses under this year’s hypothetical scenario, capital declined only 1.6…
Treasury Concludes the Artificial Intelligence Innovation Series
June 24, 2026 / Source: U.S. Department of the Treasury
June 24, 2026 WASHINGTON—The U.S. Department of the Treasury’s Office of the Financial Stability Oversight Council (FSOC) and the Artificial Intelligence (AI) Transformation Office (AITO) held the fourth and final roundtable of the AI Innovation Series on May 19, 2026. This public-private initiative supports the continued strength and resilience of the U.S. financial system in…
The CFPB is Correcting Flaws to Restore Integrity and Utility to the Consumer Complaint System
June 24, 2026 / Source: CFPB
JUN 24, 2026 WASHINGTON, D.C. — The consumer complaint portal has long been plagued by issues that severely limit its effectiveness in addressing consumers’ complaints and practical utility of its information. Recently, CFPB has taken multiple concrete actions to address these issues and is continuing its work, including with Credit Reporting Agencies, to increase effectiveness of…
FinCEN Proposes to Sever H-Pay Service PLC and Other Huione Group Successor Entities from the U.S. Financial System
June 23, 2026 / Source: FinCEN
Immediate Release June 23, 2026 Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule amending FinCEN’s October 2025 Huione Group Final Rule to include Cambodia-based H-Pay Service PLC and any successor entity. Huione Group served as a critical node for laundering proceeds of cyber heists and virtual currency investment scams…
GENIUS Act: Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance: Notice of Proposed Rulemaking
June 22, 2026 / Source: OCC
OCC Bulletin 2026-28|June 22, 2026 Summary The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to OCC-supervised permitted payment stablecoin issuers (PPSI), as required by the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). Comments…
Bank Employee Sentenced to 4 Years in Prison for Embezzling Money from the Bank
June 22, 2026 / Source: FDIC OIG
June 19, 2026 PHOENIX, Ariz. – A former bank employee who embezzled $655,000 from the bank she managed over the course of seven months was sentenced by Senior U.S. District Judge Roslyn O. Silver to 48 months in prison, followed by three years of supervised release. Brooke McDonough, formerly known as Brooke Taylor, 35, of…
FinCEN Announces Recipients of Its 11th Law Enforcement Awards Program
June 22, 2026 / Source: FinCEN
Immediate Release June 22, 2026 WASHINGTON—Last week, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recognized seven cases during its Law Enforcement Awards Program for effectively using Bank Secrecy Act (BSA) data to support criminal prosecutions and safeguard the U.S. financial system. “These awards recognize the incredible difference law enforcement officers and…
Notice of Proposed Rulemaking: Permitted Payment Stablecoin Issuer Customer Identification Program
June 18, 2026 / Source: FDIC
Laws and Regulations June 18, 2026 Summary: The FDIC, along with the Board of Governors of the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), the National Credit Union Administration (NCUA), and the Financial Crimes Enforcement Network (FinCEN), approved a notice of proposed rulemaking (NPR) that would implement the directives…
Agencies’ Capital Proposals Much Advanced but Warrant Further Improvements
June 18, 2026 / Source: CSBS
June 18, 2026 Washington, D.C. – In a comment letter today, the Conference of State Bank Supervisors (CSBS) recommended additional measures that the federal banking agencies should take to provide community banks with a simplified regulatory capital framework as they revise the risk-based capital rules. CSBS supports the proposals’ goal of enhancing the risk sensitivity, consistency, and transparency of…
Tips and Techniques to Keep Originators Informed on Nacha Rules Changes
June 18, 2026 / Source: Nacha
Keeping on top of Nacha Rules changes includes making sure your financial institution’s Originators stay in the loop. While that can be challenging, a June 10 session at Smarter Faster Payments Remote Connect 2026 aimed to help FIs undertake the task. William Mills, Vice President, Deposit and ACH Operations at Premier Banks, offered some basics…
Equal Credit Opportunity (Regulation B); Special Purpose Credit Programs; Rescission
June 17, 2026 / Source: Consumer Financial Protection Bureau
GENCY: Consumer Financial Protection Bureau. ACTION: Advisory opinion; rescission. SUMMARY: The Consumer Financial Protection Bureau (Bureau) is rescinding an advisory opinion issued in December 2020 regarding Regulation B, which implements the Equal Credit Opportunity Act (ECOA), as it applies to certain aspects of special purpose credit programs designed and implemented by for-profit organizations to meet…