Texas intelligence feed

Federal Register - Credit Unions Feb 11, 2026 Proposals TX

Mergers of Insured Credit Unions Into Other Credit Unions; Voluntary Termination or Conversion of Insured Status

- The NCUA Board proposes amending regulations to streamline member communication requirements for the voluntary termination of federal share insurance. - This aims to reduce regulatory burden by simplifying the mandatory disclosure statement format,...

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Federal Register - Credit Unions Feb 11, 2026 Proposals TX

Bank Conversions and Mergers, Subpart A-Conversion of Insured Credit Unions to Mutual Savings Banks

- The NCUA Board proposes to eliminate certain prescriptive procedural, disclosure, and communication requirements for credit union conversions. - This action aims to simplify compliance, reduce administrative costs, and modernize the conversion process.

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Krebs on Security Feb 10, 2026 Security TX

Patch Tuesday, February 2026 Edition

- Patch Tuesday in February 2026 includes critical updates addressing six zero-day vulnerabilities. - Zero-day CVE-2026-21510 and CVE-2026-21513 pose significant risks by bypassing security features in Windows Shell and MSHTML, respectively.

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Banking Dive Feb 10, 2026 Commentary TX

GAO details CFPB’s downsizing

- The CFPB has downsized in the last 12 months according to two reports released by the GAO. - A Senate Democrats report claims these changes have cost consumers $19 billion.

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CISA Alerts Feb 10, 2026 Guidance TX

CISA Releases Guide to Help Critical Infrastructure Users Adopt More Secure Communication

- CISA has released a guide aimed at helping critical infrastructure users, including credit unions, adopt more secure communication practices. - The guidance is relevant for enhancing cybersecurity and could be beneficial for Texas...

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Banking Dive Feb 10, 2026 Commentary TX

Texas Capital CEO touts transformation amid M&A chatter

- Texas Capital has undergone significant business transformation rather than pursuing M&A deals. - CEO Rob Holmes emphasizes the internal changes as more impactful for the credit union.

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Banking Dive Feb 10, 2026 Commentary TX

US banks wrestle with regulation amid rising AI spend

Financial services firms in the U.S., including credit unions, lead globally in AI maturity; however, they face regulatory challenges.

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Banking Dive Feb 09, 2026 Proposals TX

Fed ‘skinny’ account idea draws criticism

- Fintech groups criticize a Federal Reserve proposal for a prototype payment account, citing undue restrictions. - The Fed's proposal offers expanded real-time payments access but faces opposition due to its limitations.

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Banking Dive Feb 06, 2026 Guidance TX

Dive Deposits: CFPB tamps down on complaint portal

• The CFPB encourages consumers to file complaints with credit agencies first. • This guidance is not subtle and aims to streamline the complaint process.

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Banking Dive Feb 06, 2026 Enforcement TX

Ex-Bank of America employee pleads guilty in money laundering

- A former Bank of America employee pleaded guilty in aiding a criminal enterprise that submitted over $10 billion in fraudulent Medicare claims. - The incident involves significant financial fraud and highlights the importance...

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Banking Dive Feb 06, 2026 Commentary TX

Democrats urge FDIC, OCC to scrap ‘unsafe,’ ‘unsound’ change

- Senate members criticize FDIC and OCC for changes they deem 'unsafe' and 'unsound'. - The regulatory agencies are accused of limiting examiners' abilities.

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Banking Dive Feb 05, 2026 Rules TX

Huntington hires BNY alum as next risk chief

- Senthil Kumar will become Huntington’s Chief Risk Officer as the bank transitions to a Category III status with increased liquidity and capital requirements. - More frequent stress tests are expected under this new...

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CISA Alerts Feb 05, 2026 Security TX

CISA Orders Federal Agencies to Strengthen Edge Device Security Amid Rising Cyber Threats

- Federal agencies are required to strengthen security measures for edge devices. - This order comes in response to rising cyber threats.

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Banking Dive Feb 04, 2026 Commentary TX

Embedded finance to ‘explode’: panel

- Embedded finance is expected to significantly expand into various consumer situations. - Bank executives predict a rapid growth in this area.

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Banking Dive Feb 03, 2026 Commentary TX

‘These players matter’: BNY embraces role on small lenders’ AI journey

• BNY is assisting community banks in integrating AI technology as part of a broader financial system strengthening initiative. • The article highlights the potential for collaboration between large financial institutions and smaller lenders...

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Banking Dive Feb 03, 2026 Commentary TX

Why some payments companies want to be banks

• Banking charters allow payments companies to streamline services and reduce costs by avoiding partnerships with banks. • This trend could impact how credit unions manage their relationships with non-bank financial service providers.

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Federal Register - Credit Unions Feb 03, 2026 Proposals TX

Proposed Collection; Request for Comments

NCUA is proposing a new information collection; OMB review requested. This proposal is part of the Paperwork Reduction Act of 1995.

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Krebs on Security Feb 02, 2026 Security TX

Please Don’t Feed the Scattered Lapsus ShinyHunters

- Scattered Lapsus ShinyHunters (SLSH) is an unruly and fluid English-language extortion gang that uses psychological tactics such as swatting, DDoS attacks, and harassment to extort payment from victims. - Engaging with SLSH beyond...

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Banking Dive Feb 02, 2026 Commentary TX

Frost Bank stays the course amid Texas M&A spurt

- Frost Bank has no interest in mergers and acquisitions. - The CEO stated that no one approaches him regarding M&A opportunities.

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Banking Dive Feb 02, 2026 Security TX

Florida credit union sues Fiserv, alleging lax cybersecurity

- A Florida credit union sued Fiserv after a cybersecurity breach led to stolen member funds. - Fiserv allegedly told customers they would be charged for a security upgrade.

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Federal Register - Credit Unions Feb 02, 2026 Proposals TX

Renewal of Agency Information Collections for Comments Request: Proposed Collections

- The National Credit Union Administration (NCUA) is submitting information collection requests for review by the Office of Management and Budget (OMB). - This process is in accordance with the Paperwork Reduction Act of...

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Banking Dive Jan 30, 2026 Enforcement TX

BNY dismissed from Epstein case, but BofA must face some claims

- Bank of America will face a claim for obstructing the enforcement of trafficking laws. - The lender was not found to have failed in upholding anti-money laundering and know-your-customer standards.

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Banking Dive Jan 30, 2026 Commentary TX

Trump nominates Kevin Warsh as next Fed chair

• Kevin Warsh was a candidate for the position of Federal Reserve chair in 2017 but was not chosen; • The nomination could impact monetary policy and regulatory environment, though no immediate actions are...

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Banking Dive Jan 30, 2026 Commentary TX

What’s coming for the banking industry in 2026

- Expect an increase in mergers and acquisitions. - De novo applications are anticipated to continue growing.

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Banking Dive Jan 30, 2026 Commentary TX

What’s coming for the banking industry in 2026

- Expect an increase in mergers and acquisitions. - De novo applications are likely to continue growing.

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