NEW
ABA Banking Journal
Feb 26, 2026
Proposals
The OCC has proposed a rule to implement the Genius Act, addressing how it will handle the prohibition on paying interest or yield on payment stablecoins. The proposal aims to provide clarity on regulatory expectations for credit unions and other financial institutions.
The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on paying interest or yield on payment stablecoins. The post OCC releases proposed rule to implement payment stablecoin legislation appeared first on ABA Banking Journal .
NEW
ABA Banking Journal
Feb 25, 2026
Proposals
• FinCEN seeks nominations from community banks for an advisory group on modernizing the BSA framework.
• Nominees should provide insights on implementing the GENIUS Act.
Treasury Department is "particularly interested" in nominations from community banks, and nominees who can offer insights on modernizing the BSA framework and implementing the GENIUS Act, The post FinCEN seeking nominations for Bank Secrecy Act advisory group appeared first on ABA Banking Journal .
NEW
ABA Banking Journal
Feb 25, 2026
Security
• More than 700 ATM jackpotting incidents occurred in the last year alone, accounting for over $20 million in losses.
• The FBI issued a new alert regarding malware-enabled ATM jackpotting crimes on the rise.
Out of the 1,900 ATM jackpotting incidents reported since 2000, more than 700 occurred last year alone, resulting in roughly $20 million in losses, the FBI said in a new alert. The post FBI: Malware-enabled ATM jackpotting crimes on the rise appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 24, 2026
Enforcement
• BSA filings play a crucial role in most financial crime investigations by IRS-CI.
• The report highlights the importance of BSA data in uncovering and prosecuting crimes nationwide.
Bank Secrecy Act filings have been used in nearly every financial crime investigation conducted by IRS Criminal Investigation, “underscoring the integral role BSA data has in uncovering and prosecuting financial crimes across the country,” according to a new report by the agency. The post Bank Secrecy Act filings used in most IRS-CI financial crime investigations appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 23, 2026
Proposals
The Federal Reserve is seeking public comment on a proposal to codify its decision to remove the use of reputational risk from bank supervision. This change aims to streamline regulatory processes and potentially reduce burden on financial institutions.
The Federal Reserve is seeking public comment on a proposal to codify its recent decision to remove the use of reputational risk from its bank supervision. The post Fed seeks input on removing reputational risk from bank supervision appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 23, 2026
TX
For banks, training, teamwork and technology are effective tools. ‘48 years can be gone in 48 hours.’ The post Financial fraud threats to seniors are continuous appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 23, 2026
Enforcement
Key points: OFAC updated its sanctions list with new names; financial institutions are required to review their existing customer records for potential matches.
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control. The post Recent news from Treasury’s Office of Foreign Assets Control: February 23 appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 23, 2026
Guidance
The article addresses the requirement for adverse action notices and provides guidance on how credit unions should handle these notifications. It emphasizes the importance of providing clear and accurate information to members who are denied credit or have their terms changed.
Compliance QOTM answers question on adverse action notice. The post Compliance question of the month: February 2026 appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 20, 2026
Proposals
• The article discusses the OCC's proposal to make Community Reinvestment Act strategic plans more accessible for community banks.
• ABA recommends a 'simplified' CRA planning option that could help community banks pursue fintech partnerships and niche lending strategies.
An OCC proposal to make Community Reinvestment Act strategic plans more accessible for community banks is increasingly important as the institutions pursue fintech partnerships and niche lending strategies that often do not align neatly with the traditional CRA framework, ABA said. The post ABA offers recommendations for ‘simplified’ CRA planning option for community banks appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 19, 2026
Democrats demand the Federal Reserve release information on recent changes to its bank supervision division; Fed staff reportedly unhappy with these changes.
Sen. Elizabeth Warren (D-Mass.) and other Democrats are demanding that the Federal Reserve turn over information on recent changes to its bank supervision division following a media report that Fed staff are unhappy with those changes, the Wall Street Journal reported. The post Report: Democrats demand Fed release info on bank supervision changes appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 19, 2026
Proposals
The Federal Reserve will hold a hybrid public hearing in March as part of a congressionally mandated review to identify outdated and burdensome regulations; This process aims to reduce regulatory burden on financial institutions.
The Federal Reserve will hold a hybrid public hearing in March as part of a congressionally mandated review to identify outdated and burdensome regulations. The post Fed to hold public hearing on reducing regulatory burden appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 18, 2026
Guidance
The Treasury Department will release six resources aimed at ensuring secure and resilient AI in the financial sector. These resources are intended to enhance cybersecurity measures across U.S. financial systems.
The Treasury Department announced it will soon release six resources to enable “secure and resilient” artificial intelligence across the U.S. financial system. The post Treasury to release financial sector AI resources appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 18, 2026
The White House Council of Economic Advisers reported that the CFPB has cost consumers between $237-$369 billion since 2011, as financial institutions passed on increased compliance and liability expenses. This report does not explicitly mention Texas or any Texas-specific entities.
Since 2011, the CFPB has cost consumers between $237-$369 billion as financial institutions were forced to pass on their increased compliance and liability expenses to customers, the White House Council of Economic Advisers said in a new report. The post White House: CFPB has cost consumers billions of dollars appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 17, 2026
Proposals
- OCC proposes creating a new appeals board for supervisory appeals.
- The changes aim to provide a more structured and transparent process for credit unions facing regulatory challenges.
The Office of the Comptroller of the Currency is proposing several revisions to its supervisory appeals process, including the creation of a new board to review appeals. The post OCC proposes changes to supervisory appeals process, creating appeals board appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 17, 2026
Community banks should consider stablecoins for new business opportunities but need proper regulation to protect deposit bases; stablecoins pose serious risks if not regulated.
Community banks shouldn’t ignore stablecoins, which will create new business opportunities for the institutions but also pose a serious risk to their deposit base without proper regulation, three bankers said during a panel discussion at the ABA Conference for Community Bankers in Orlando. The post Bankers share stablecoins’ opportunities, risks for community banks appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 13, 2026
Proposals
• ABA supports HUD's proposal to remove disparate impact from Fair Housing Act determinations.
• The rule lacked clarity and caused administrative back-and-forth between administrations.
ABA expressed support for a HUD proposal to rescind the use of disparate impact in determining Fair Housing Act violations, saying the rule in question did not provide clarity “and has been the subject of an unhelpful back-and-forth between administrations.” The post ABA supports HUD proposal to remove disparate impact from Fair Housing Act rule appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 13, 2026
Proposals
Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and credit unions; this could impact how Texas credit unions operate with respect to lending rates.
Two lawmakers have introduced legislation to prevent states from imposing interest rate caps on loans from out-of-state chartered banks and credit unions. The post Bill would prevent states from imposing lending rate caps on out-of-state banks appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 13, 2026
Guidance
• Covered financial institutions, including Texas credit unions, are exempt from identifying and verifying beneficial owners each time a new account is opened.
• This easing of the requirement aims to reduce regulatory burden on financial institutions.
FinCEN issued an order exempting covered financial institutions from the requirement to identify and verify the beneficial owners of a legal entity customer each time the customer opens a new account. The post FinCEN eases beneficial ownership reporting requirements appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 13, 2026
Security
- FinCEN has launched a new webpage for confidentially accepting whistleblower tips on fraud, money laundering, and sanctions violations.
- This portal aims to enhance reporting of financial crimes.
FinCEN has launched a new dedicated webpage to confidentially accept whistleblower tips on fraud, money laundering and sanctions violations. The post FinCEN launches online portal for whistleblower tips appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 12, 2026
Security
Fraudsters are becoming increasingly frustrated with deepfake detection systems; these systems are effectively preventing fraudulent activities. The article discusses the growing use of AI in fraud and scams, highlighting that despite advancements, fraudsters are finding it harder to bypass detection mechanisms.
While artificial intelligence is widely used for fraud and scams, fraudsters are getting increasingly frustrated with detection systems used by banks and other organizations to to spot use of the technology, according to a new report on the global state of fraud by LexisNexis. The post Report: Deepfake detection efforts foiling fraudsters appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 12, 2026
Security
The FDIC and OCC released stress test scenarios for financial institutions in coordination with the Federal Reserve. These scenarios will be used in upcoming stress tests.
The FDIC and OCC released the market scenarios they will use in their upcoming stress tests for financial institutions. The agencies coordinated with the Federal Reserve to develop the scenarios, with the Fed releasing its scenarios last week. The post FDIC, OCC release stress test scenarios appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 12, 2026
Proposals
The bill aims to raise the asset threshold for banks subject to longer examination cycles; it is a bipartisan effort in the Senate. The article does not provide specific details on how this might impact credit unions.
A bipartisan group of senators introduced legislation to raise the asset threshold under which banks are subject to longer examination cycles. The post Supervisory tailoring bill introduced in Senate appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 11, 2026
ABA recommends the OCC maintain strong safety and soundness standards, increase transparency in the chartering process, and update naming rules. The association calls for cautious development of new regulatory frameworks.
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop, ABA said. The association also called for updated naming rules to ensure charter applicants do not misrepresent the services they intend to offer. The post ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 11, 2026
Guidance
• The banking agencies have rescinded the FAQs on the Liquidity Coverage Ratio.
• The documents will remain available for public viewing.
The banking agencies announced they are rescinding the FAQs on the Liquidity Coverage Ratio but will leave the documents online for public viewing. The post Banking agencies rescind Liquidity Coverage Ratio rule FAQs appeared first on ABA Banking Journal .
ABA Banking Journal
Feb 11, 2026
Guidance
The article discusses the complexities of following up on a Suspicious Activity Report (SAR) filing. It highlights the need for thorough and timely responses to regulatory inquiries.
And just what is a mobile home when it comes to flood regulation? The post ABA Regulatory Policy and Compliance Inbox: The intricacies of following up on a SAR filing appeared first on ABA Banking Journal .