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| NC Local Keynote Speakers at ABA Annual Convention |
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| | The American Bankers Association’s Annual Convention is scheduled for October 19-21 in Charlotte. Among the speakers are North Carolina Governor Josh Stein; Senator Ted Budd; Frank B. Holding, Jr., chairman and CEO, First Citizens BancShares, Inc, and First Citizens Bank; and Kelley Earnhardt Miller, co-owner and CEO, JR Motorsports, and chairman and incorporating director, blueharbor bank. |
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 | October 19-21, 2025 at the
Charlotte Convention Center |
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| A number of your NCBA staff will be attending, and we are very pleased by the number of bankers from our home state who have already registered. For those of you in attendance, the NCBA will have a special gathering spot in the convention hall that will have a secret – but very distinctive – NC theme that you will immediately recognize when you see it. |
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| - Travis Hill Nominated as FDIC Chairman [link]
- Demonstrating Compliance with Fair Banking Executive Order [link]
- Reducing Community Bank Regulatory Burden [link]
- Proposal to Focus Supervision on Material Financial Risks [link]
- FHFA Withdraws Three Proposed Rules [link]
- Treasury Department Creates Position of IRS CEO [link]
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| Upcoming Training and Events |
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| 2025 NC BankPAC - Did You Make the Honor Roll? |
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| | For more than 30 years, NC BankPAC has ensured that banking’s voice is heard by supporting candidates who understand our industry and share our policy objectives. The 2025 NC BankPAC Honor Roll recognizes bankers and businesses whose generous contributions keep our industry strong. |
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| NC Bankers and ABA Urge Senators to Close Stablecoin Reward Loopholes |
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| | The NCBA, along with the ABA and other state banking associations, issued a strong call recently for regulatory action to safeguard local communities against emerging financial risks surrounding loopholes in stablecoin legislation. |
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| | | Source: ncbankers.org | Read time: 4 min |
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| Federal Legislative & Regulatory Update |
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| Travis Hill Nominated as FDIC Chairman |
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| | President Trump has nominated Travis Hill to be FDIC chairman. Hill has served as acting chairman of the agency since January. Hill served as Vice Chairman of the FDIC between January 5, 2023 and January 20, 2025, and as Deputy to the Chairman for Policy and as Senior Advisor to the Chairman between 2018 to 2022. |
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| | | Source: ncbankers.org | Read time: 2 min |
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 | | Travis Hill, Nominated to be FDIC Chairman |
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| | | Reminder: Register 3 bankers and your 4th registration is FREE! |
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| | Innovation moves fast — and today’s environment demands that banks not only keep up, but lead. At the NCBA Management Forum, keynote speaker Sultan Meghji, Co-Founder and CEO of Frontier Foundry, will share how banks can embrace emerging technology in a pro-innovation environment without sacrificing safety. | | Join Sultan at this year’s Management Forum to: | ✅ Discover how innovation and risk management can work hand-in-hand
✅ Gain practical tools to adopt new technologies quickly and responsibly
✅ Position your institution for success in a fast-changing landscape | | Stay ahead of the curve — don’t miss this keynote session! |
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| Fed Appeals Ruling on Interchange Fees |
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| | The Federal Reserve has appealed a federal court ruling striking down Regulation II’s standard for setting debit interchange fees. |
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| | | Source: aba.com | Read time: 1 min |
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| Demonstrating Compliance with Fair Banking Executive Order |
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| | The SBA has released a form that financial institutions with less than $30 billion in assets can use to demonstrate compliance with a recent order directing lenders to identify past “debanking” actions. |
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| | | Source: ncbankers.org | Read time: 1 min |
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| | | The Reference Guide to Regulatory Compliance is an ideal resource for compliance managers, department staff, product managers, and retail branch banking managers. This guide is the industry resource for compliance professionals and those preparing to take the Certified Regulatory Compliance Manager (CRCM) exam. | | The Guide is updated annually, giving you timely and relevant updates at your fingertips. Updates to the 35th Edition include: | - Advisories on Predatory Lending
- Bank Secrecy Act/Anti-Money Laundering and OFAC
- Community Reinvestment Act
- Regulation CC - Expedited Funds Availability Act
- Regulation B - Equal Credit Opportunity Act
- Fair Credit Reporting Act
| | And many more! |
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| Reducing Community Bank Regulatory Burden |
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| | The OCC has announced actions to reduce the regulatory burden on community banks. The OCC is removing fixed examination requirements for community banks and instead tailoring the examination scope and frequency to be consistent with risk-based supervision. |
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| | | Source: ncbankers.org | Read time: 2 min |
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| Proposal to Focus Supervision on Material Financial Risks |
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| | | | Source: ncbankers.org | Read time: 1 min |
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| Guidance on Flood Insurance During the Government Shutdown |
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| | The Federal banking agencies have reissued guidance on flood insurance requirements during a lapse in the National Flood Insurance Program. |
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| | | Source: frbservices.org | Read time: 1 min |
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| FHFA Withdraws Three Proposed Rules |
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| | The FHFA is withdrawing three proposed rules dating back to the Biden Administration which concerned Fannie Mae and Freddie Mac liquidity requirements, Federal Home Loan Bank governance, and FHLBank unsecured credit limits. |
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| | | Source: occ.gov | Read time: 1 min |
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| Small-Business Lending Data Collection |
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| | The Treasury Department has issued a revised application process for the Community Development Financial Institutions Fund that removes climate-focused financing and amends race-based considerations in the determination of funding eligibility. |
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| | | Source: ncbankers.org | Read time: 1 min |
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| | Reminder: Register 3 bankers and your 4th registration is FREE! |
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| Treasury Department Creates Position of IRS CEO |
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| | | | Source: ncbankers.org | Read time: 2 min |
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| | FinCEN is seeking public comment on the reporting burden under its Bank Secrecy Act regulations. The regulations require that, upon receiving an information request from FinCEN, a financial institution must search its records to determine whether it maintains or has maintained any account or engaged in any transaction with an individual, entity, |
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| | | Source: ncbankers.org | Read time: 1 min |
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| No Decision in Fed Governor Lisa Cook Case Until 2026 |
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| | The U.S. Supreme Court has deferred consideration until January 2026 of an appeal by the Trump administration. The administration is seeking to overturn a lower court order barring the president from removing Governor Lisa Cook from the Federal Reserve board. |
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| | | Source: ncbankers.org | Read time: 1 min |
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 | | Federal Reserve Governor Lisa Cook |
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| Don't Miss This Year's Bankers in Schools Program! |
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| | | Block off your calendars for the 2025 Fall Bankers in High Schools initiative! This year's program will be held during the week of November 17-21, 2025, and we will once again welcome all North Carolina bankers to serve as volunteers. | | Volunteers will teach a 45-minute lesson on budgeting using a specially tailored curriculum created by the NC Emerging Leaders. The purpose of the program is not only to teach students basic components of financial education, but also to initiate and foster relationships between bankers and their communities. | | To sign up and learn more, visit the Bankers in Schools webpage. |
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| Learn More, Pay Less! Sign Up for OnCourse Webinars to Earn Credits and Save |
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| | Looking to skill up? For a limited time, North Carolina Bankers Association is making it easier than ever to invest in your professional growth. | | All OnCourse Learning products are eligible for this deal through October 14. Mix and match webinars, workshops, and streaming events to fit your learning goals. |
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| Complimentary Webinar: Critical Role of Deposit Networks in Prudent Liquidity Management and Franchise Value Growth |
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| | Tuesday, October 14, 3 p.m. (Eastern) | Online |
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| Join Intraifi, a CBS-endorsed solution, for this exciting complimentary webinar, Critical Role of Deposit Networks in Prudent Liquidity Management and Franchise Value Growth. | | You will gain valuable insights into: | - The Economic Landscape: How the current environment impacts growth and liquidity management, and the role bank networks can play.
- Choosing a Provider: Key questions to consider when selecting a deposit network provider to ensure it meets your bank's unique needs.
- Practical Case Studies: Real-world examples demonstrating how to enhance balance sheet liquidity by freeing up pledged collateral, managing deposits, and accessing diverse contingency funding sources.
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 | Danny Capitel
Managing Director, Intrafi |
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| Fifth Third to Acquire Comerica |
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| Fifth Third Bancorp (Nasdaq: FITB) and Comerica Incorporated (NYSE: CMA) announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third shares for each Comerica share, representing $82.88 per share as of Fifth Third’s closing stock price on October 3, 2025, and a 20% premium to Comerica’s 10-day volume-weighted average stock price. | | At close, Fifth Third shareholders will own approximately 73% and Comerica shareholders will own approximately 27% of the combined company. |
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| | | Source: 53.com | Read time: 6 min |
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| PB Financial Corporation Reports Record Third Quarter 2025 Earnings |
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| | | Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company for Providence Bank, reported net income available to common shareholders for the quarter ended September 30, 2025, of $5.71 million compared to $4.60 million for the same period in 2024, an increase of 24.21%. For the nine-month period ended September 30, 2025, net income available to common shareholders was $15.52 million compared to $11.88 million for the same period in 2024, an increase of 30.69%. |
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| | Great things are done by a series of small things brought together. |
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| NC Bankers Association | 3601 Haworth Drive | Raleigh | NC | 27609 | US |
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| | If you no longer want to receive emails regarding the NCBankers Bulletin, please profile. |
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