Visit us online: Website | NCBA LinkedIn | NCEL LinkedIn The Value of Mentorship At the NCBA, one of our greatest responsibilities is preparing the next generation of leadership for our industry.  Leadership isn’t something that happens overnight—it develops through mentorship, experience, and the guidance of those who have walked the path before us. That's why I am proud to share that applications are open for the 2026 North Carolina Emerging Leaders Mentorship Program. Upcoming Training and Conferences Bank Trainers Conference - October 7-9 Branch Manager Bootcamp - Fall Series - Next session: October 22 CAVA RMA Commercial Lending School - October 20-24 Professional Women's Conference - October 23 NC Emerging Leaders Conference - November 3-4 NCBA Management Forum - November 4-6 Regulatory Compliance School: Update - November 13 This six-month initiative is designed to connect emerging leaders in our industry with experienced banking professionals who can provide perspective, advice, and encouragement. Together, mentors and mentees build relationships that not only strengthen individual careers, but also ensure strong leadership for the next generation of North Carolina banking. The program will run January through June 2026, with a mandatory in-person kickoff event on January 7 in Greensboro. Each mentor-mentee pair will meet monthly—virtually or in person—with at least one in-person meeting required. Along the way, NCBA will provide check-ins and resources, including a mid-program touchpoint in March. If you are ready to take the next step in your career, we encourage you to apply. The application deadline is October 30, 2025. This program has proven to be a meaningful experience for past participants, and I am confident it will continue to inspire growth and success for years to come. Thank you, Peter Gwaltney President & CEO NC Bankers Association Industry Advocacy 2025 NC BankPAC - Did You Make the Honor Roll? 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. State Legislative & Regulatory Update NC General Assembly Activity The General Assembly briefly reconvened this week and wrapped up its business within two days. Legislators adopted a revised adjournment resolution (SJR 776) that tweaked their planned schedule for the remainder of the year and into next year.  Full Story ▶    Read time: 2 min Fees that Merchants May Charge Consumers for Card Payments The NC House Finance Committee approved a committee substitute bill for H 13, a bill that would regulate the amount a merchant may charge customers for payments by credit card or charge card to a maximum of 2% of the transaction. Full Story ▶    Read time: 5 min NC State Banking Commission  The next meeting of the State Banking Commission is slated for October 29 at the agency’s new Raleigh office. The latest banker to serve on the State Banking Commission is Earl Worley, President and CEO, KS Bank, who was appointed upon the recommendation of the Speaker of the House and confirmed by the General Assembly. Full Story ▶    Read time: 2 min Earl Worley, President & CEO of KS Bank Federal Legislative & Regulatory Update OCC Realigns Its Organizational Structure In a move that Comptroller of the Currency Jonathan V. Gould said is designed to “tailor supervision to bank risk profile,” the OCC will split its bank supervision and examination division into three distinct units based on bank size. Full Story ▶    Read time: 3 min Comptroller of the Currency Jonathan V. Gould FDIC Releases 2025 Summary of Deposits Data  The FDIC has released results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2025. Full Story ▶    Read time: 1 min Treasury Paper Check Phaseout  The Treasury Department has created a new resource webpage about the upcoming phaseout of paper checks for most federal disbursements. Starting September 30, 2025, most federal payments that are currently made by paper check will be made electronically. Full Story ▶    Read time: 1 min Are you constantly solving problems for your team, leaving you feeling like a bottleneck instead of a leader? Do you want to develop a team that’s more self-sufficient, engaged, and innovative? At this year's NC Emerging Leaders Conference, thought leader Thomas Greek will show how shifting from director to coach can transform your leadership. ✅ Ask purposeful questions that spark insight ✅ Listen actively to uncover real issues ✅ Provide feedback that empowers growth instead of compliance Walk away with practical tools to equip your team for extraordinary results. Register and Learn More ▶   Legislation to End Fed’s Dual Mandate  House Financial Services Committee Chairman French Hill (R-AR) has introduced legislation to end the Federal Reserve’s dual mandate of promoting maximum employment while holding down prices. The Price Stability Act (H.R. 5396) would eliminate the maximum employment part of the mandate and instead direct the Fed to focus on price stability. House Financial Committee Chairman French Hill Trump Administration Appeals to U.S. Supreme Court The Trump administration has asked the U.S. Supreme Court to pause a ruling by a lower court that has kept Governor Lisa Cook on the Federal Reserve Board of Governors, despite President Trump’s attempt to fire her. Full Story ▶    Read time: 1 min Federal Reserve Governor Lisa Cook Navigating the Future with Confidence and Resilience Join a powerful community of women in banking and accounting as we #RISE—Realize, Inspire, Succeed, Empower—together. You’ll experience an energizing day of learning, networking, and inspiration featuring standout voices in leadership, technology, personal finance, and wellness. From sessions on the psychology of money, AI-driven career confidence, and ethical decision-making, to deeply personal conversations around mental health and neurodiversity in the workplace—you’ll gain insights designed for both personal and professional growth. Don’t miss this opportunity to connect and recharge at a conference created for women, by women—where every detail is designed with your goals in mind. Register and Learn More ▶   House Financial Services Committee Advances Legislation The House Financial Services Committee has approved a number of banking bills over the past week, including Bank Competition Modernization Act, the Stress Testing Accountability and Transparency Act, the Community Bank LIFT Act, and the Merchant Banking Modernization Act. Full Story ▶    Read time: 3 min Comment Period on Genius Act Implementation The Treasury Department has issued an advance notice of proposed rulemaking that seeks comment on its implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins or GENIUS Act. Full Story ▶    Read time: 1 min From illicit finance to stablecoins, crypto brings both challenges and opportunities. Is your bank prepared?  Join Brian Laverdure, ICBA SVP of Digital Assets and Innovation Policy, for an in-depth look at recent changes in the crypto landscape and the evolving regulatory outlook in 2025 and beyond. In this session, Brian will cover: ✅ Emerging trends in crypto-related crime ✅ Major developments and the impact of stablecoins ✅ What banks need to know to prepare for the future  Stay ahead of the curve at the 2025 NCBA Management Forum! Register and Learn More ▶   FinCEN Proposes to Postpone Investment Adviser Rule FinCEN is proposing to push back the effective date of its investor adviser rule from January 1, 2026 to January 1, 2028. Full Story ▶    Read time: 1 min Agenda for Federal Reserve’s Community Bank Conference The Federal Reserve is hosting a community banking-focused conference in Washington, D.C., on October 9, featuring a segment moderated by Jim Cramer of CNBC entitled “Winning Strategies for Community Banks” in which Chip Mahan, CEO of Live Oak Bank, and Tom Broughton, CEO of ServisFirst, will participate. Full Story ▶    Read time: 1 min Left: Chip Mahan, CEO of Live Oak Bank Right: Tom Broughton, CEO of ServisFirst Mortgage Performance Trends The FHFA has released its second quarter 2025 Foreclosure Prevention and Refinance Report, which includes data on mortgage performance, delinquencies and active forbearance plans, as well as forfeiture actions and refinances. View Report ▶   Bank Security and Fraud Scammers Impersonating FBI’s IC3 Website The FBI is warning that scammers are spoofing the website of the agency’s Internet Crime Complaint Center, or IC3, to trick consumers into turning over financial information. View PSA ▶   NCBA Announcements Step Into Leadership in Spring 2026 with the NCBA Leadership Program Leadership isn’t a title—it’s a skill. Beginning February 3, 2026, the NCBA Leadership Development Program launches at NCBA HQ in Raleigh, offering a multi-track training series designed to sharpen leadership abilities, strengthen collaboration, and accelerate professional growth. 📅 Program Dates: Feb 3 – July 29, 2026 📍Location: NCBA HQ, Raleigh, NC Guiding the program is Neal Livingston, a certified executive coach with over 35 years of experience in leadership training, executive coaching, and team development. Participants will select one of three tracks—team, leader, or professional—and earn certificates for completing them. Each session is capped at just 16 participants, creating an interactive, high-impact learning environment! Register and Learn More ▶   Learn More, Pay Less! Sign Up for OnCourse Webinars to Earn Credits and Save 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. ABA Bank Teller's Certificate - Self-Paced - 1.5 CAFP; 1.5 CRCM; 1.25 CFMP, CSOP; 1 CCTS, CISP, CRSP, CTFA  Accounting Basics/Refresher for Financial Professionals - September 29 - 1 CPE Credits Reg E Decoded: A Workshop on Electronic Funds Transfer Regulations - October 1 - 3 CRCM Credits Confident Delegation for Bank Managers: A Leadership Workshop - October 2 - 2 SHRM-CP Credits The State of UDAAP: Where Are We Now with All the Regulatory Changes? - October 3 - 2.5 CRCM Credits Fair Lending Essentials and Update - October 7 - 2 CRCM Credits Mastering Capital Transactions & Schedule RI-A: Elevate Your Call Report Expertise - October 8 - 1 CPE Credits Understanding the E-SIGN Act: Requirements for Deposit Staff and Lenders - October 14 - 2 CRCM Credits IRAs Part 3: Distributions to IRA Owners and Beneficiaries - October 15 - 2.5 CISP Credits Welcome to Banking - October 16 - 2 CRCM Credits Coaching Tellers to Excellence - October 16 - 2 SHRM-CP Credits Mastering CECL Model Validation: Back-Testing for Accuracy and Success - October 17 - 1 CPE Credits Director Compensation Trends and Compensation Committee Best Practices - October 21 - 1.5 SHRM-CP Credits Bank Accounting: Simplifying Complex Transactions - 4 Part Series Part 1 - October 21 - 8 CPE Credits 2025 BSA Officer Update: All-Day Streaming - October 22 - 7 CRCM Credits IRAs Part 4: Successfully Auditing your IRA Files - October 22 - 2.5 CISP Credits Bi-Monthly Compliance Briefing - October 2025 - October 23 - 2.5 CRCM Credits Bank Accounting: Simplifying Complex Transactions - 4 Part Series Part 2 - October 28 - 8 CPE Credits Marketing and Advertising Compliance - 3 Part Series- Part 1 - October 29 - 7.5 CRCM Credits Bank Accounting: Simplifying Complex Transactions - 4 Part Series Part 3 - October 30 - 8 CPE Credits Bank Accounting: Simplifying Complex Transactions - 4 Part Series Part 4 - October 31 - 8 CPE Credits Bank Lines of Business (ABA) - October 6 – 31 Commercial Lending (ABA) - October 13 – January 16 Consumer Lending (ABA) - October 27 – February 27 Managing Interest Rate Risk (ABA) - October 27 – December 29 Need credits? Earn SHRM, AAP, APRP, CRCM, CPE and more with our partnered webinars! CBS Spotlight Seizing the Data Advantage: Building a Data Lakehouse with Machias Savings Bank Join arkatechture for an inside look at how Machias Savings Bank is tapping into the power of their data with a modern data lakehouse. Discover how they selected and sequenced their data sources, built a conformed data model (including 3rd party data), and turned trusted data into actionable insights.  This webinar will showcase real use cases like industry analysis dashboards, maturity reports, collections tracking, commercial customer segmentation, and the projects currently shaping Machias’ data strategy. Whether you’re exploring your own data journey or looking to maximize your existing investments, you’ll walk away with practical ideas to elevate your analytics capabilities. We'll be joined by Jamie Clisham, SVP of Analytics & Product at Machias Savings Bank as she details leading the bank through its data journey.  Learn More & Sign Up   Industry Update Atlantic Union Bank Announces Enhanced Community Impact Plan to Support Underserved Communities Atlantic Union Bank announced enhancements to its Community Impact Plan, originally announced as part of Atlantic Union Bankshares Corporation’s acquisition of Sandy Spring Bancorp, Inc.  The updated plan will add approximately $2.2 billion of planned new lending, investments and philanthropy commitments to further support the needs of underserved communities across the bank’s combined footprint, building on the bank’s legacy of advancing economic opportunities in its communities. Press Release ▶    Read time: 6 min BofA Commits $12 Million for Western North Carolina Residents and Small Businesses Impacted by Hurricane Helene As the Western North Carolina community continues its efforts to rebuild, Bank of America is announcing $12 million in zero-interest loans to Community Development Financial Institutions (CDFI) to support homeowner recovery and small business assistance. Press Release ▶    Read time: 8 min Words of Wisdom The future belongs to those who believe in the beauty of their dreams. -  Eleanor Roosevelt NC Bankers Association | 3601 Haworth Drive | Raleigh | NC | 27609 | US If you no longer want to receive emails regarding the NCBankers Bulletin, please profile.