‘Fallen off a cliff’: 3 ways Travis Hill wants to boost de novos

‘Fallen off a cliff’: 3 ways Travis Hill wants to boost de novos

Lower upfront capital for “noncomplex” community banks, a revamped application process for fintechs and an open mind toward ILCs are some of the suggestions the FDIC’s acting chief floated Tuesday.

FDIC to Ease Banks’ Living-Will Mandates, Acting Chair Says

Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ so-called living wills so they’re no longer built around a hypothetical failure scenario.

FDIC outlines bold reforms on bank formation, crypto policy, and resolution readiness

The Federal Deposit Insurance Corporation (FDIC) is launching a new set of regulatory changes to encourage the formation of new banks, improve cryptocurrency oversight.

Federal Banking Agencies Plan to Rescind Community Reinvestment Act Final Rule

In light of ongoing litigation and the Trump administration’s new policy approach, federal banking agencies intend to rescind the 2023 CRA final rule and revert to pre-2023 standards. By Betty M. Huber, Arthur S. Long, Pia Naib, and Deric Behar On March 28, 2025, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the …

CRA rollback leaves banks with certain, if imperfect, status quo

Federal regulators' plan to rescind reforms to the anti-redlining Community Reinvestment Act implementation rules disappoints community advocates, but gives banks clarity by reverting to longstanding CRA rules.