STATE GOVERNMENT RELATIONS
Indiana House expected to pass new congressional maps for 2026 election
The Indiana House of Representatives has been in session this week to discuss redrawing Indiana’s nine congressional districts for the upcoming 2026 election. The House is expected to pass legislation creating the new districts on Friday. If passed, the bill will move to the Senate, which is expected to go into session on Monday to debate the bill passed by the House. The entire short period of session is expected to conclude late next week.
FEDERAL GOVERNMENT RELATIONS
IBA urging 1071 grassroots outreach
The IBA urges members to use letter writing guides from the Independent Community Bankers of America and/or American Bankers Association to tell the Consumer Financial Protection Bureau to right-size proposed 1071 thresholds and prevent categorical exemptions for Farm Credit System lenders.
Dodd-Frank Section 1071 requires financial institutions to collect and report data on credit applications from certain small businesses. While many revisions in the CFPB’s current 1071 proposal are positive—such as expanded exemptions for community banks—banker outreach is important to enhance these hard-fought changes. The deadline for comments is Monday, Dec. 15.
OCC maintains assessment rates for 2026
The Office of the Comptroller of the Currency announced that it is maintaining assessment rates for the 2026 calendar year for all its regulated institutions. The calendar year 2026 assessment rates will be in effect as of Jan. 1 and will be reflected in assessments paid on March 31 and Sept. 30. In addition, the hourly fee for special examinations and investigations remains unchanged at $137 in calendar year 2026.
Fed seeks public input on potential changes to its check services
The Federal Reserve is seeking public input on potential changes to the check services it provides to banks and credit unions, although support for the request is not unanimous among Fed board members. Also, the Fed announced 2026 pricing for its payment services.
FBI issues alert about account takeover fraud
The Federal Bureau of Investigation’s Internet Crime Complaint Center has issued a consumer alert about cyber criminals impersonating financial institutions to steal money or engage in account takeover schemes.
House passes industry-backed bill on regulator transparency
The House passed a bill to require the Government Accountability Office and the appropriate regulatory agency to report on any use of systemic risk authority to wind down a failed bank.
Banking agencies seek comment on reducing Call Report’s regulatory burden
The Office of the Comptroller of the Currency, Federal Reserve and the Federal Deposit Insurance Corp. requested public feedback on the regulatory reporting burden for financial institutions that file a Call Report.
Senate draft bill budgets $324M for CDFI Fund
The Senate Appropriations Committee has released a draft spending bill that allocates $324 million for the Community Development Financial Institutions Fund in fiscal year 2026, according to an analysis of the legislation by the CDFI Coalition.