NewsWatch Today

Community bankers’ optimism on the future economy is holding steady, according to the Conference of State Bank Supervisors’ second-quarter Community Bank Sentiment Index.

The latest Independent Banker magazine details how community banks stepped up to help employees, customers, and neighbors after wildfires devastated areas of Southern California.

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas of Texas affected by flooding.

The state of Georgia approved Stripe’s application for a merchant acquirer limited purpose bank charter, or MALPB.

High-performing community bank lenders use innovation and relationship-based banking to support their customers, as detailed in the latest Independent Banker magazine.

President Donald Trump signed into law the One Big Beautiful Bill Act budget reconciliation package after the House of Representatives passed it on a 218-214 vote.

The FDIC published its annual Consumer Compliance Supervisory Highlights, which includes a summary of the overall consumer compliance performance of FDIC-supervised institutions in 2024, the most frequently cited violations, and an overview of consumer complaint trends.

The Consumer Financial Protection Bureau said it plans to issue new Section 1071 rulemaking as soon as possible and has extended compliance deadlines for most entities by one year—an extension designed to protect lenders that are not members of ICBA and not otherwise protected by the current stay.

ICBA said the OCC should adopt a modernized and responsive regulatory framework that enables responsible innovation while preserving the safety and soundness of the financial system.

The Financial Action Task Force said stronger action is needed to safeguard the integrity of the international financial system from the risks posed by virtual assets.

Federal banking regulators issued the 2024 list of distressed or underserved nonmetropolitan middle-income geographies.

Nissan this week became the latest automaker to apply to form an industrial loan company in Utah.