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| FDIC Acting Chairman Travis Hill Outlines Fall Policy Agenda |
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| | FDIC Acting Chairman Travis Hill today said his agency will have a busy fall season, with implementation of a new stablecoin law among its top priorities. | | The recently enacted GENIUS Act creates a regulatory framework for payment stablecoins. During a press conference, Hill noted that the primary regulator will depend on the type of stablecoin issuer, with the Office of the Comptroller of the Currency to oversee the majority of nonbank issuers. | | “But the FDIC will also have a role in overseeing stablecoin issuers,” Hill said. “And then there are some specific tasks for the FDIC and some other things for the [stablecoin] certification committee that we’ll be a member of.” |
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| | Upcoming Training and Conferences |
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| | | |  | | FDIC Acting Chairman Travis Hill |
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| | Federal Legislative & Regulatory Update |
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| Federal Reserve Governor Lisa Cook Files Lawsuit to Overturn Attempted Removal from Fed Board |
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| | Federal Reserve Governor Lisa Cook today filed a lawsuit against President Trump for his attempt to remove her from the Fed board, saying the president’s actions are “unprecedented and illegal.” | | Trump earlier this week announced he was removing Cook after Federal Housing Finance Agency Director William Pulte alleged that she made false statements on mortgage agreements. Pulte’s claims have not been substantiated. |
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 | | Federal Reserve Governor Lisa Cook |
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| | Cook’s term on the board doesn’t expire until 2028, but the Federal Reserve Act allows the president to remove board members “for cause.” |
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| | Take Advantage of Early Bird Pricing – Today Through September 1! |
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| | | | One Venue. Two Conferences. Endless Opportunities. |
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| | | This November, North Carolina’s banking community is coming together in Asheville for two of our signature events: | | | For the first time, these conferences will be held back-to-back — giving you the opportunity to make one trip and experience two days of NCEL programming, followed by three days of thought leadership, industry insights, and peer connections at the Management Forum. | | Register by September 1 to take advantage of our Early Bird Discount! Don’t miss this chance to secure your spot at a reduced rate and join fellow bankers from across the state for a week of professional development and networking in the heart of Asheville. |
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| Small Business Administration Orders Lenders to Stop ‘Debanking’ |
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| | The Small Business Administration announced it had ordered its network of more than 5,000 lenders to end any practices that result in “debanking,” adding that lenders who fail to comply will “lose their good standing with the SBA and will be subject to additional punitive measures.” | | The SBA is directing lenders to take action to identify and rectify past debanking – including reinstating services to clients who were allegedly debanked – by December 5, and submit a report of their findings by January 5, 2026. |
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| Quarterly Banking Profile: Banking Net Income $69.9B in Q2 2025 |
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| | The banking industry reported a return on assets ratio of 1.13% and aggregate net income of $69.9 billion in the second quarter of 2025, a decrease of $677.3 million, or 1%, from the prior quarter, according to the FDIC’s most recent Quarterly Banking Profile released today. Net income for the industry would have increased in Q2 absent an increase in provision expenses related to Capital One’s acquisition of Discover earlier this year. |
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| | Train with the Best at Bank Trainers Conference & Expo '25 | October 7-9, 2025 |
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| | | Join us with our partners at OnCourse Learning for the 2025 Bank Trainers Conference, three days dedicated to the latest trends and tactics in training, learning and development (L&D), professional growth, and more. With inspiring keynotes, educational breakouts, hands-on workshops, and unique networking and entertainment experiences, it’s a can’t-miss event for anyone in the industry looking to connect, collaborate, and elevate. | | It’s where careers take off, institutions begin to scale, and industry leaders unite. |
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| CFPB Proposes Setting Guardrails for Nonbank Supervision |
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| | The Consumer Financial Protection Bureau is proposing to adopt a new standard that it says will bring more uniformity to its supervision of nonbanks. | | The Consumer Financial Protection Act authorizes the bureau to supervise nonbanks if it has reasonable cause to determine that the financial products or services a nonbank offers pose “risks to consumers.” |
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| | Under this authority, the bureau has designated nonbanks for supervision on a case-by-case basis. | | The proposed rule would define “risks to consumers” as conduct that presents “a high likelihood of significant harm” to consumers and is directly connected to the offering or provision of a consumer financial product or service as defined by the CFPA.” |
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| Powell Suggests ‘Adjusting’ Fed’s Monetary Policy Stance |
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| | Federal Reserve Chairman Jerome Powell said that risks to the U.S. labor market are rising, signaling a possible shift in the Fed’s approach to monetary policy moving forward. | | During a speech on monetary policy in Jackson Hole, Wyoming, Powell said the effects of tariffs on consumer prices “are now clearly visible,” although it remains unclear whether those price increases will lead to an ongoing inflation problem. |
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 | | Federal Reserve Chairman Jerome Powell |
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| | However, the Fed also has the mission of creating economic conditions to maximize employment, and there are indications that the labor market could be heading for a downturn. |
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| | Gain Leadership Experience on the NC Emerging Leaders Advisory Council | Application Deadline: September 30 |
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| | | Are you passionate about shaping the future of leadership in North Carolina? We're looking for committed, creative, and dynamic individuals to join the North Carolina Emerging Leaders 2026 Advisory Council! | | Why apply? The NCEL Advisory Council is your opportunity to: | - 🗣️ Influence the direction and programming of the NC Emerging Leaders community
- 👥 Collaborate with a network of emerging professionals across sectors
- 👤 Develop leadership skills and experiences that make an impact statewide
| | Are you the next member of the NCEL Advisory Council? Our ideal candidate will: | - ✅ Be an Emerging Leader that's eager to serve and grow
- ✅ Bring fresh ideas and a collaborative spirit
- ✅ Place high value on mentorship and uplifting others
| | If this describes you, we urge you to apply by September 30! |
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| | Build Connections with the NCEL Mentorship Program | Application Deadline: October 30, 2025 |
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| | | The North Carolina Emerging Leaders Mentorship Program is now accepting applications for both mentors and mentees — and participation is open to all banking professionals, not just NCEL members. | | This six-month program (January–June 2026) is a unique opportunity to share knowledge, develop leadership skills, and build strong professional relationships. | - 📍 Kick-off Meet & Greet:
January 7, 2026 – Greensboro, NC - 💬 Monthly mentor/mentee meetings:
Virtual or in-person (at least one in-person required) - 📅 Application Deadline:
October 30, 2025
| | Help shape the future of North Carolina’s banking community — apply today! |
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| Earn Credits through Online Professional Development |
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| | | Banking Outlook Q3 2025: US Banks Maintain Favorable Earnings While Confronting Economic Uncertainty |
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| | | Banks' earnings should remain healthy through the first half of the year, buoyed by continued margin expansion, steady loan growth and benign credit quality. Earnings growth could prove more challenging in the second half of 2025 as the lagging impact of tariffs slows growth, weighs on the consumer and pushes delinquencies higher. Those emerging earnings headwinds will be modest but could provide further support for stronger bank M&A activity as institutions seek ways to grow. |
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| FNB Hires Alfred D. Cho as Chief Consumer Banking Officer |
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| | First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced that it has hired Alfred D. Cho as Chief Consumer Banking Officer, succeeding Barry Robinson upon his retirement. | | Responsible for driving the consumer banking experience, Cho will oversee Retail Sales and Distribution, Small Business Banking, Mortgage Services, Consumer Banking Solutions and Consumer Product Development. |
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 | Alfred D. Cho
First National Bank |
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| | TowneBank Announces Quarterly Cash Dividend |
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| | TowneBank (NASDAQ: TOWN) announced that its Board of Directors declared its third-quarter shareholder cash dividend of $0.27 per common share payable on October 10, 2025, to shareholders of record on September 29, 2025. | | The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions. |
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| | "What is an adult? A child blown up by age." |
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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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