Federal Deposit Insurance Corporation press releases

Press Release: Joint Statement of Enforcement Policy in support of Venezuela’s Economic Recovery and Earthquake Relief Efforts

PRESS RELEASE | JULY 31, 2026 Joint Statement of Enforcement Policy in support of Venezuela’s Economic Recovery and Earthquake Relief Efforts WASHINGTON — The staffs of the Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC) (collectively, the Agencies) are issuing this statement of enforcement policy in support of U.S. Government efforts to facilitate economic recovery and financial stability in Venezuela, including efforts to provide humanitarian relief and assist reconstruction following the recent earthquakes in Venezuela. This Joint Statement is intended to reinforce a substantively similar statement by the Department of Treasury’s (Treasury) Financial Crimes Enforcement Network (FinCEN) regarding its own enforcement policy with respect to Venezuela. On June 24, 2026, Venezuela experienced a pair of strong earthquakes off the northern coast, west of Caracas, which have caused significant damage in several cities and triggered a humanitarian aid crisis in the region. The Agencies recognize that the timely provision of humanitarian aid can be impaired if institutions that are otherwise able to facilitate the provision of financial services to address the humanitarian crisis are unwilling to do so due to regulatory uncertainty. Accordingly, the Agencies commit to their respective supervised entities that they will not take any supervisory action, including citing a violation of law, or pursue an enforcement action against a supervised financial institution related to a requirement under the Bank Secrecy Act, the USA PATRIOT Act, and other anti-money laundering laws administered by FinCEN and the Agencies, (collectively, BSA Requirements) as a result of providing authorized financial services in Venezuela. This commitment applies to authorized financial services provided by an Agency-supervised financial institution to persons or entities located in Venezuela from July 31, 2026, through January 29, 2027. All financial institutions supervised by an Agency may rely on this commitment provided that the financial institution: (1) is currently in compliance with an applicable Bank Secrecy Act compliance program requirement and continues to engage in reasonable efforts to comply with applicable BSA Requirements, taking into account the government’s interests in rapidly providing humanitarian relief and rapidly promoting financial stability in the region; (2) has not been the subject of a final enforcement action with FinCEN or the applicable Agency within the prior 24 months that involves violations of BSA Requirements; and (3) remains compliant with any applicable Treasury’s Office of Foreign Assets Control (OFAC) administered sanctions regulations and authorizations. The Agencies’ commitment is intended to recognize that financial institutions exercising reasonable care to avoid violations of applicable BSA requirements in support of Venezuela’s economic recovery and earthquake relief efforts are not penalized for actions other than for knowing, willful, or intentional violations of any BSA Requirements. Please note that this commitment does not apply to statutes or regulations except as specifically addressed above. # # # The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

FDIC Board of Directors Approve New Actions

BOARD MATTERS | July 31, 2026 FDIC Board of Directors Approve New Actions By notational vote, the Federal Deposit Insurance Corporation's Board of Directors today unanimously approved the following matters. Materials and information related to these Board actions are available on the Board Matters webpage . Notice of Proposed Rulemaking: Community Reinvestment Act Regulations Press Release Financial Institution Letter Notice of Proposed Rulemaking: Extensions of Credit to Insiders Press Release Financial Institution Letter Board Materials The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: FDIC Publishes Enforcement Orders for June 2026

PRESS RELEASE | JULY 31, 2026 FDIC Publishes Enforcement Orders for June 2026 WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in June 2026. There are no administrative hearings scheduled for August 2026. Orders to Pay Civil Money Penalties: Planters Bank & Trust Company, Indianola, MS Oriental Bank, San Juan, PR Combined Consent Order and Order to Pay: Paramount Bank, Hazelwood, MO Consent Order: Lineage Bank, Franklin, TN Orders Terminating Consent Orders: Community Bank and Trust – West Georgia, Lagrange, GA Unity Bank of Mississippi, Holly Springs, MS The State Exchange Bank, Lamont, OK Bank of Frankewing, Frankewing, TN Orders of Prohibition from Further Participation: Dethra Thomas, as an institution-affiliated party of Truist Bank, Charlotte, NC Tatiana W. Vendrell Garcia, as an institution-affiliated party of FirstBank Puerto Rico, Santurce, PR Orders of Termination of Insurance: Prime Meridian Bank, Tallahassee, FL Marine Bank & Trust Company, Vero Beach, FL Gold Coast Bank, Chicago, IL Heritage Bank of St Tammany, Covington, LA Meadows Bank, Las Vegas, NV June 2026 Enforcement Decisions and Orders # # # MEDIA CONTACT: MediaRequests@fdic.gov The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: The Farmers State Bank of Oakley, Kansas Assumes All Deposits of Small Business Bank, Lenexa, Kansas

PRESS RELEASE | JULY 17, 2026 The Farmers State Bank of Oakley, Kansas Assumes All Deposits of Small Business Bank, Lenexa, Kansas WASHINGTON — Small Business Bank in Lenexa, Kansas, was closed today by the Kansas Office of the State Bank Commissioner, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with The Farmers State Bank of Oakley, Kansas, to assume substantially all deposits and purchase certain assets of Small Business Bank. As of March 31, 2026, Small Business Bank reported total assets of $73 million and total deposits of approximately $69 million. Small Business Bank’s sole branch will reopen as a branch of Farmers State Bank during its normal business hours on Monday, July 20, 2026. Depositors of Small Business Bank will automatically become depositors of Farmers State Bank. The deposits assumed by Farmers State Bank will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship. Customers of Small Business Bank will have immediate access to their deposits. Over the weekend, they can access their funds by writing checks or using ATM or debit cards. Checks drawn on Small Business Bank will continue to be processed, and loan customers of Small Business Bank should continue to make payments as usual. Customers with questions about this transaction may visit the FDIC’s website or contact the FDIC toll-free at 1-866-314-1744. This phone number will be operational this evening until 8:00 p.m., Central Time (CT); on Saturday from 9:00 a.m. to 5:00 p.m., CT; on Sunday from noon to 4:00 p.m., CT; Monday from 8:00 a.m. to 5:00 p.m., CT; and thereafter from 8:00 a.m. to 4:00 p.m., CT. The FDIC preliminarily estimates that the failure will cost the Deposit Insurance Fund approximately $5.7 million. The estimate is expected to change over time as retained assets are sold. # # # MEDIA CONTACT: MediaRequests@fdic.gov The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: Agencies Issue Joint Statement on Handling of Highly Sensitive Information During Bank Examinations

PRESS RELEASE | JULY 16, 2026 Agencies Issue Joint Statement on Handling of Highly Sensitive Information During Bank Examinations WASHINGTON — The federal bank regulatory agencies today issued a joint statement describing enhanced security procedures for review of highly sensitive information in connection with examinations of supervised banks, such as reviewing materials on-site rather than transferring them onto agency systems. The statement discusses a coordinated approach to identifying highly sensitive data and documents and discusses enhanced procedures for the review of such information to reduce any cybersecurity risks while ensuring that the agencies have access to such information at all times during an examination. The agencies recognize the importance of keeping a bank’s highly sensitive information confidential and protecting it against disclosure to or from access by unauthorized persons as a result of cybersecurity vulnerabilities. The agencies have committed to notify affected banks of any potential or confirmed material data breach involving confidential supervisory information. They will do so as soon as practicable, and no later than 72 hours after discovery, unless legal restrictions apply. # # # ATTACHMENT: Joint Statement on the Handling of Highly Sensitive Information During Examinations MEDIA CONTACTS: Federal Deposit Insurance Corporation Brian Sullivan (202) 412-1436 Federal Reserve Board Darren Gersh (202) 452-2955 Office of the Comptroller of the Currency Stephanie Collins (202) 649-6870 The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States

PRESS RELEASE | JULY 13, 2026 Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States WASHINGTON — The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration (collectively, the agencies) today issued guidance to remind supervised financial institutions of their existing obligations with respect to credit risk management, particularly as it relates to borrowers who are not legally authorized to work in the United States. As the guidance discusses, lending to individuals who are not legally authorized to work in the United States may present elevated credit risk because a borrower’s ability to generate income, maintain employment, and remain financially stable may be subject to greater uncertainty. Among other things, the guidance advises financial institutions to identify, measure, monitor, and control these risks through safe and sound underwriting practices that assess a borrower’s willingness and capacity to repay according to the terms of the credit obligation. Today’s guidance also advises financial institutions to carefully consider the June 8, 2026, “Statement on Ability To Repay and Immigration Status,” issued by the Consumer Financial Protection Bureau, reminding creditors of their obligations under the Truth in Lending Act as implemented by Regulation Z, and the Equal Credit Opportunity Act, as implemented by Regulation B, as they relate to non-work authorized borrowers. The agencies issued the guidance in accordance with Executive Order 14406, “Restoring Integrity to America’s Financial System,” to address risks to the financial system posed by the extension of credit or financial services to the inadmissible and removable population. # # # ATTACHMENT: Guidance on Lending to Individuals Not Legally Authorized to Work in the United States MEDIA CONTACTS: Federal Deposit Insurance Corporation Brian Sullivan (202) 898-6534 National Credit Union Administration Ashley Gordon adgordon@ncua.gov Office of the Comptroller of the Currency Stephanie Collins (202) 649-6870 The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: Kentland Bank Assumes All Deposits of Kentland Federal Savings and Loan Association

PRESS RELEASE | JULY 10, 2026 Kentland Bank Assumes All Deposits of Kentland Federal Savings and Loan Association WASHINGTON — Kentland Federal Savings and Loan Association of Kentland, Indiana was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana (no affiliation with Kentland Federal Savings and Loan Association) to purchase substantially all assets and assume all deposits of Kentland Federal Savings and Loan Association. As of March 31, 2026, Kentland Federal Savings and Loan Association reported total assets of $3.73 million and total deposits of $3.65 million. It was the smallest standalone bank in the United States. The sole branch of Kentland Federal Savings and Loan Association will permanently close. Depositors of Kentland Federal Savings and Loan Association will automatically become depositors of Kentland Bank. The deposits assumed by Kentland Bank will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship. The Kentland branch of Kentland Bank is located at 111 N 4th St, Kentland, Indiana 47951, and the phone number is 219-474-1500. Customers of Kentland Federal Savings and Loan Association will have immediate access to their deposits at all branches of Kentland Bank during normal business hours beginning Monday, July 13, 2026. Loan customers of Kentland Federal Savings and Loan Association should make payments to Kentland Bank at any branch of Kentland Bank . Customers with questions about this transaction may visit the FDIC’s website or contact the FDIC toll-free at 1-866-314-1744. This phone number will be operational this evening until 8:00 p.m., Central Time (CT); on Saturday from 9:00 a.m. to 5:00 p.m., CT; on Sunday from noon to 4:00 p.m., CT; Monday from 8:00 a.m. to 5:00 p.m., CT; and thereafter from 8:00 a.m. to 4:00 p.m., CT. The FDIC preliminarily estimates that the failure will cost the Deposit Insurance Fund approximately $1.2 million. # # # MEDIA CONTACT: MediaRequests@fdic.gov The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: FDIC Issues List of Banks Examined for CRA Compliance

PRESS RELEASE | JULY 2, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in April 2026. The CRA is a 1977 law that requires the FDIC to assess a bank’s record of meeting the credit needs of its entire community, including those of low- and moderate-income neighborhoods, consistent with safe and sound operations. As part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Congress mandated the public disclosure of an evaluation and rating for each bank or thrift that undergoes a CRA examination on or after July 1, 1990. You may obtain a consolidated list of all state nonmember banks whose evaluations have been made publicly available since July 1, 1990, including the rating for each bank, or obtain a hard copy from FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200). A copy of an individual bank's CRA evaluation is available directly from the bank, which is required by law to make the material available upon request, or from the FDIC's Public Information Center. # # # ATTACHMENTS: July 2026 List of Banks Examined for CRA Compliance Monthly List of Banks Examined for CRA Compliance MEDIA CONTACT: MediaRequests@fdic.gov The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Press Release: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

PRESS RELEASE | JUNE 30, 2026 Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies WASHINGTON — Federal bank regulatory agencies today released the 2026 list of certain geographies where certain bank activities are eligible for Community Reinvestment Act (CRA) credit. Under the CRA, the agencies assess a bank’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operations. The list released by the agencies includes distressed or underserved nonmetropolitan middle-income geographies where revitalization or stabilization activities are eligible to receive CRA consideration. The designations reflect local economic conditions, including unemployment, poverty, and population changes. Previous years’ lists and criteria for designating these areas are available here . Revitalization or stabilization activities in these geographies are eligible to receive CRA consideration under the community development definition for 12 months after publication of the current list. As with past lists, the agencies apply a one-year lag period for geographies that were included in 2025 but are no longer designated as distressed or underserved in the current list. # # # ATTACHMENTS: 2026 List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies (PDF) Source Information and Methodology (PDF) MEDIA CONTACTS: Federal Deposit Insurance Corporation Julianne Fisher Breitbeil (202) 898-6895 Federal Reserve Board Chelsea Grate (202) 452-2955 Office of the Comptroller of the Currency Monica McCoy (202) 649-6870 The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

FDIC Publishes Enforcement Orders for May 2026

PRESS RELEASE | JUNE 26, 2026 FDIC Publishes Enforcement Orders for May 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in May 2026. There are no administrative hearings scheduled for July 2026. Order to Pay Civil Money Penalty: Alliance Community Bank, Petersburg, Illinois Consent Order: Connect Community Bank, Raymond, Washington Orders Terminating Consent Orders: Brighton Bank, Brighton, Tennessee Brighton Bank, Brighton, Tennessee Herring Bank, Amarillo, Texas Herring Bank, Amarillo, Texas Liberty Bank, Inc., Salt Lake City, Utah Order of Prohibition from Further Participation and Order for Restitution: Brandon G. Emrick, as an institution-affiliated party of Truist Bank, Charlotte, North Carolina Orders of Prohibition from Further Participation: Hailee T. Ray, as an institution-affiliated party of Herring Bank, Amarillo, Texas Kathy J. Stapp, as an institution-affiliated party of Bank of Labor, Overland Park, Kansas Feliciano Pineda, as an institution-affiliated party of Hancock Whitney Bank, Gulfport, Mississippi Russell Lucius Laffitte, as an institution-affiliated party of Palmetto State Bank, Hampton, South Carolina Amar B. Ali, as an institution-affiliated party of Spectra Bank, Fort Worth, Texas Jasmine Eubanks, as an institution-affiliated party of Citizens Savings Bank and Trust Company, Nashville, Tennessee Cynthia M. Renfro, as an institution-affiliated party of First State Bank of Brownsboro, Brownsboro, Texas Orders Terminating Orders Relating to Section 19 of the FDI Act (Section 19): Six Orders Terminating Orders Issued Pursuant to Section 19 Order of Acceptance of Voluntary Termination of Insured Status: Independence Bank, East Greenwich, Rhode Island Decision and Order Denying Petition for Modification and Stay of Order for Restitution: John C. Ponte, as an institution-affiliated party of Independence Bank, East Greenwich, Rhode Island May 2026 Enforcement Decisions and Orders # # # MEDIA CONTACT: MediaRequests@fdic.gov The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

FDIC Board of Directors Meeting

BOARD MEETING | JUNE 25, 2026 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage . Items Addressed in Open Session: Notice of Proposed Rulemaking: Resolution Submissions Required for Covered Insured Depository Institutions Statement by Chairman Travis Hill Press Release Financial Institution Letter Notice of Proposed Rulemaking: Assessments Thresholds, Rate Schedules, and Adjustments Statement by Chairman Travis Hill Press Release Financial Institution Letter Notice of Proposed Rulemaking: Disclosure of Information Statement by Chairman Travis Hill Press Release Financial Institution Letter A recording of the full webcast of the open session is available. Board Materials The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

Sunshine Act Notice: FDIC Board of Directors Meeting

SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Thursday, June 25, 2026 | 2:00 p.m. ET Place: The Board meeting will be open to public observation by webcast . Members of the media should contact the Office of Communications by Wednesday, June 24, at MediaRequests@FDIC.gov to attend in person from FDIC Headquarters, 550 17th Street, NW, Washington, DC. Read Notice & Agenda The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US