News Headlines


09/30/26

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.

09/30/26

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.

09/23/26

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.

09/16/26

CLARITY Act Stalls in Senate, Leaving Opportunity to Strengthen Local Lending Protections

The Senate yesterday failed to advance the CLARITY Act, with cloture on the motion to proceed falling short by a vote of 49–50, below the 60 votes required. All Democrats present voted against advancing the bill, joined by four Republicans: Susan Collins (Maine), Josh Hawley (Missouri), Jerry Moran (Kansas) and Thom Tillis (North Carolina). Tillis switched his vote to “no” as a procedural step to preserve the ability to seek reconsideration. The result stalls the digital asset legislation and leaves its path forward uncertain.

09/16/26

More Than a Name on a Stadium: The Changing Credit Union Business Model

Stadium naming rights are not, by themselves, the issue. What they reveal about the modern credit union business model is.

09/09/26

Is It Time to Rethink CECL?

Is CECL making community banks safer—or simply making banking more complicated and expensive?

That’s the question Federal Reserve Vice Chair for Supervision Michelle Bowman raises in a recent Wall Street Journal opinion piece, “How to Make Life Hard for Small Banks.” Bowman argues that the Current Expected Credit Loss standard has created significant costs and complexity for smaller institutions without delivering enough additional benefit.

09/02/26

OBL Launches Banker Advocacy Network

To strengthen the Ohio Bankers League's grassroots advocacy efforts, the Government Relations Team is launching the Banker Advocacy Network. This program will help us quickly connect lawmakers with bankers who are willing to build personal relationships or already have trusted relationships with them.

09/02/26

Suspicious Activity Reporting: Joint Statement on Suspicious Activity Report Confidentiality Considerations Regarding Communications with Customers

On September 2, 2026, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), and the National Credit Union Administration issued a statement to clarify confidentiality requirements related to Suspicious Activity Reports (SAR), particularly when banks communicate with their customers regarding potentially fraudulent transactions.

09/02/26

Update on the California Invasion of Privacy Act and Website Tracking

Ohio banks have recently received demand letters alleging that commonly used website tracking technologies violate the California Invasion of Privacy Act (CIPA). The following timely update from Vorys examines a significant legislative development that could curtail certain website-based claims. Importantly, however, the legislation does not eliminate all CIPA exposure. Banks should continue to evaluate their website technologies and consent practices and promptly involve counsel when receiving a demand letter.  Read the Vorys Client Alert article below.

08/26/26

OBL Helps Lead National Effort to Build an Industry-Owned Tokenized Deposit Network

The Ohio Bankers League is helping lead a major national initiative designed to ensure banks-not outside technology companies-have a central role in building the next generation of financial infrastructure. OBL, together with state bankers associations from 39 other states, is working to develop and ultimately bring to market an industry-owned, bank-governed network that can support tokenized deposits, programmable payments, automated settlement and other emerging banking capabilities.