What changed and why it matters

Federal Register - OCC Feb 10, 2026 Proposals

Agency Information Collection Activities: Information Collection Renewal; Comment Request; Retail Foreign Exchange Transactions

• OCC invites comments on the renewal of an information collection related to Retail Foreign Exchange Transactions. • The collection requires a currently valid OMB control number as per the Paperwork Reduction Act of...

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ABA Banking Journal Feb 09, 2026 Proposals

Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts

• Federal Reserve Governor Christopher Waller is seeking a 'middle lane' for the creation of 'skinny' accounts, acknowledging conflicting desires from banks and fintech firms. • The proposal aims to address payment services through...

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ABA Banking Journal Feb 09, 2026 Hidden

ABA backs bank-related provisions in housing bill

The ABA supports provisions in a housing bill aimed at raising supervisory thresholds for community banks and encouraging new bank formation. These changes could indirectly benefit Texas credit unions by supporting the broader banking...

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ABA Banking Journal Feb 09, 2026 Commentary

GAO releases first report on CFPB cuts

• The Government Accountability Office released a report on the Trump administration's efforts to reduce activities of the CFPB. • The report provides a timeline of bureau layoffs and office closures.

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ABA Banking Journal Feb 09, 2026 Hidden

New York Fed: Short-term inflation expectations improve slightly

Consumer inflation expectations remained unchanged at medium- and longer-term horizons but declined slightly at the short-term horizon. The article does not provide specific actions or implications for credit unions.

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ABA Banking Journal Feb 09, 2026 Guidance

OFAC launches online portal for self-disclosures of sanctions violations

OFAC has created an online portal for voluntary self-disclosures of potential sanctions violations; this can be used by individuals and entities to report such issues.

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Banking Dive Feb 09, 2026 Hidden

Erebor Bank receives national bank charter

Erebor Bank, founded by Palmer Luckey and backed by Peter Thiel, has received the first national bank charter under the current presidential administration; this could set a precedent for future charters.

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Banking Dive Feb 09, 2026 Hidden

Capital One pays CEO Fairbank $40M for 2025

- Capital One CEO Fairbank receives a $40M pay package for 2025, marking an approximately 19% raise from the $33.5 million received in 2024. - No explicit mention of Texas or any Texas-specific entities.

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ABA Banking Journal Feb 09, 2026 Enforcement

Recent news from Treasury’s Office of Foreign Assets Control: February 9

• OFAC has imposed new sanctions on individuals and entities linked to Russia in response to the ongoing conflict. • These actions include blocking assets and prohibiting transactions with designated parties.

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ABA Banking Journal Feb 09, 2026 Hidden

The keys to data-driven decision-making in bank marketing

- Utilize organized customer data for smarter marketing programs - Emphasize the importance of data-driven decision-making in bank marketing

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Banking Dive Feb 09, 2026 Proposals

Fed ‘skinny’ account idea draws criticism

- Fintech groups criticized a Federal Reserve proposal for prototype payment accounts due to undue restrictions. - The Fed's proposal offers expanded real-time payments access but faces opposition from industry groups.

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ABA Banking Journal Feb 06, 2026 Hidden

Bank capital policy is economic policy

• The article emphasizes the importance of capital rules in making credit affordable. • Future capital policies can play a role in economic stability and affordability.

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ABA Banking Journal Feb 06, 2026 Hidden

FDIC extends comment period for Genius Act implementation

• The FDIC has extended the comment period for its proposal on issuing stablecoins through a subsidiary until May. • This extension affects banks and potentially their subsidiaries, but does not explicitly impact Texas...

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ABA Banking Journal Feb 06, 2026 Hidden

ABA endorses bill to crack down on social media scams

The ABA endorses a bill aimed at improving social media companies' response to fraudulent advertising; the legislation seeks to prevent scams before they occur.

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ABA Banking Journal Feb 06, 2026 Security

Congress reauthorizes private-public cybersecurity framework

• Congress reauthorized a voluntary framework for private sector and government agencies to share cyberthreat information. • The reauthorization was part of a larger budget deal.

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ABA Banking Journal Feb 06, 2026 Hidden

Fed: Consumer credit increased 2.4% in 2025

Consumer credit increased 2.4% in 2025; revolving and nonrevolving credit increased 3.4% and 2%, respectively.

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ABA Banking Journal Feb 06, 2026 Hidden

ABA DataBank: Large firms lead employment growth

Since early 2024, large firms have been leading employment growth; companies with more than 500 employees have added jobs steadily.

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ABA Banking Journal Feb 06, 2026 Proposals

Treasury seeks comment on changes to foreign investor review process

The Treasury Department is seeking public input on the Known Investor Program and ways to potentially streamline aspects of its foreign investment review process. This could impact how Texas credit unions handle foreign investments.

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ABA Banking Journal Feb 06, 2026 Proposals

ABA offers recommendations for mitigating risk in proposed ‘skinny’ accounts

ABA recommends careful design and robust risk mitigants for 'skinny' accounts; these payment accounts should uphold the integrity of the payments system and protect public interest.

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FDIC Press Releases Feb 06, 2026 Proposals

FDIC Extends Comment Period on Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins

• FDIC extends comment period for proposed rulemaking on GENIUS Act application procedures until May 18, 2026. • The proposal aims to establish guidelines for FDIC-supervised state nonmember banks and savings associations issuing payment...

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Banking Dive Feb 06, 2026 Guidance

Dive Deposits: CFPB tamps down on complaint portal

• Credit Union consumers are advised to file complaints with credit agencies first. • The CFPB provides clear guidance on this process.

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Banking Dive Feb 06, 2026 Enforcement

Ex-Bank of America employee pleads guilty in money laundering

A former Bank of America employee pleaded guilty in a case involving over $10 billion in fraudulent Medicare claims. The incident highlights the risk of money laundering and the importance of robust compliance measures.

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Banking Dive Feb 06, 2026 Commentary

Democrats urge FDIC, OCC to scrap ‘unsafe,’ ‘unsound’ change

Senators criticize regulatory agencies for changes they believe will weaken bank supervision; no explicit action items or deadlines mentioned.

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Banking Dive Feb 06, 2026 Hidden

USAA hires Santander tech chief as next CIO

Dan Griffiths will replace Amala Duggirala as the Chief Information Officer at USAA; Duggirala has moved to Delta Air Lines.

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Banking Dive Feb 06, 2026 Hidden

UBS deploys AI programs to unlock efficiency

UBS is increasing AI adoption across its operations; no explicit mention of relevance to Texas CUs.

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