04/29/26
As bankers know all too well, Credit Unions have unfair competitive advantages among financial institutions. Over time, they have expanded their operating scope well beyond their original mission, and they continually seek to expand their encroachment into conventional banking practices.
04/29/26
The Ohio Bankers League is aware of a potential transaction involving an out-of-state credit union seeking to acquire an Ohio-chartered bank. OBL is directly informing its membership that it will oppose this transaction using all available tools, including regulatory engagement, legislative action, and, if necessary, litigation.
04/22/26
The House Financial Services Committee has advanced legislation that would significantly scale back small-business lending data requirements under Section 1071 of the Dodd-Frank Act.
04/15/26
Have you started seeing political ads? 2026 is a busy Midterm Election year, and there is plenty of action for us to watch in Ohio. The Ohio Primary Election is coming up on May 5, where party nominees are officially chosen to run for the General Election in November.
Ohio BankPac is hosting a virtual Ohio Political Briefing & Election Update call - exclusive to BankPac donors - on Thursday, May 21 @ 12pm. On the call we will discuss the results of the May 5th Primary Election, and how the stage will be set heading into the November 3rd General Election.
04/15/26
April 15 is a familiar date for every taxpaying American, and for every taxpaying business. For banks across Ohio and the country, it’s a reminder of a fundamental part of operating in a regulated, competitive marketplace: contributing to the public coffers that support our communities. Increasingly, however, it is also a reminder that not all competitors operate under the same rules.
04/08/26
The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency have finalized a joint rule eliminating the use of reputational risk as a factor in their supervisory processes
04/08/26
Federal regulators are signaling a significant change in expectations around anti-money laundering compliance.
The Financial Crimes Enforcement Network, in coordination with federal banking agencies, has proposed new rules designed to reshape how financial institutions meet requirements under the Bank Secrecy Act. The proposal outlines more defined standards for what should be included in AML and countering the financing of terrorism programs.
The U.S. Department of the Treasury said the initiative is part of a broader push to update and strengthen the AML/CFT regulatory framework so it more effectively supports the intent of the BSA.
04/01/26
The Ohio Bankers League recently provided proponent testimony before the Senate Judiciary Committee on House Bill 195, bipartisan legislation sponsored by House Minority Leader Dani Isaacsohn (D-Cincinnati) and Representative Adam Mathews (R-Lebanon) that would modernize Ohio’s Uniform Commercial Code (UCC) to address digital assets.
The bill, which previously passed the Ohio House by a strong bipartisan vote of 83–7, received its second hearing in the Senate Judiciary Committee last week. OBL’s SVP of Government Relations and General Counsel, Don Boyd, provided testimony in support of the legislation.
03/25/26
On March 23, a subset of coin distribution locations that previously stopped fulfilling penny orders on behalf of the Federal Reserve will begin fulfilling orders again due to increased deposit activity. This increased deposit activity has increased confidence in the ability to meet orders.
03/25/26
Last week, the Ohio Bankers League (OBL) provided proponent testimony before the Ohio House Financial Institutions Committee in support of House Bill 560, the Protect Our Parents Act. The legislation is intended to provide financial institutions with additional tools to help prevent financial fraud and exploitation while maintaining appropriate safeguards to ensure customers retain timely access to their funds.
Page:
of
84