Sep30 OBL Urges Federal Reserve to Expand Capital Flexibility for Mutual Banks
The Ohio Bankers League has filed a comment letter supporting the Federal Reserve’s proposed reforms to mutual capital certificates and dividend waivers, two areas where OBL has advocated for greater flexibility for years. With Ohio home to the second-largest number of mutual institutions in the country, these changes carry particular importance for our banking industry and the communities it serves.
Sep30 OBL Files Amicus Brief to Defend Voluntary Payment Doctrine
OBL filed an amicus brief with the Supreme Court of Ohio on September 29 in Klopfenstein v. Fifth Third Bank, urging the Court to preserve Ohio’s longstanding voluntary payment doctrine. The Community Bankers Association of Ohio (CBAO) and the American Bankers Association (ABA) joined OBL in supporting the industry.
Sep23 FDIC Proposes Broad Merger Review Reforms, Reflecting Key OBL Concerns
The FDIC has proposed a comprehensive overhaul of its bank merger review process aimed at providing greater certainty, reducing regulatory burden, and modernizing how the agency evaluates competition and community impact. For Ohio banks, the proposal offers the prospect of more predictable decisions and streamlined applications, while also addressing concerns OBL has raised about credit unions purchasing banks.