What changed and why it matters

Banking Dive Mar 03, 2026 Commentary

Would a bank buy PayPal?

• The potential acquisition of PayPal by major banks could depend on their ability to profit from the two-sided network. • This article does not provide specific regulatory, guidance, or enforcement details relevant to...

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Federal Register - Credit Unions Mar 03, 2026 Proposals|commentary TX

Regulatory Publication and Voluntary Review as Contemplated by the Economic Growth and Regulatory Paperwork Reduction Act of 1996

The NCUA is conducting a voluntary review of its regulations; comments are requested on categories including 'Corporate Credit Unions,' 'Directors, Officers and Employees,' 'Anti-Money Laundering and Bank Secrecy Act,' 'Rules of Procedure,' and 'Safety...

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Banking Dive Mar 02, 2026 Enforcement

Edward Jones gets FDIC’s nod for ILC charter

Edward Jones receives FDIC approval for an industrial bank charter; plans to launch operations next year.

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Banking Dive Mar 02, 2026 Enforcement TX

JPMorgan, Barclays, Fifth Third sued over Tricolor

- Banks JPMorgan, Barclays, and Fifth Third are being sued for allegedly ignoring significant warning signs about a subprime auto lender's financial health. - The banks are accused of enabling the lender’s fraudulent activities.

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Banking Dive Mar 02, 2026 Commentary

Morgan Stanley brings trust charter pursuit into the mainstream

- Morgan Stanley has filed paperwork for a trust charter with the OCC. - The application comes as fintechs and other large banks are also pursuing trust charters.

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Krebs on Security Feb 28, 2026 Security TX

Who is the Kimwolf Botmaster “Dort”?

- Dort, the Kimwolf botmaster, has been linked to a range of cybercrime activities including DDoS attacks and SIM-swapping services. - The identity of Jacob, Dort's business partner, is connected to a Canadian individual...

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Banking Dive Feb 27, 2026 Security

Washington’s FS Bancorp boosts Portland presence

- Washington’s FS Bancorp is merging with Oregon-based Pacific West for $34.6 million, creating a lender with 31 locations and $3.6 billion in assets. - The merger will boost FS Bancorp's presence in Portland.

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Banking Dive Feb 27, 2026 Commentary

Meta dips a toe back into crypto

Meta is re-entering the crypto space by exploring stablecoin payments in its app ecosystem; this follows the failure of its Diem digital currency project.

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Banking Dive Feb 27, 2026 Commentary

Block swaps 4,000 workers for AI

• Block is reducing its workforce by about 40% as it integrates AI for operational efficiencies. • The article does not provide specific details relevant to credit union operations, compliance requirements, or risk management.

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Banking Dive Feb 27, 2026 Commentary

NY banks Arrow, Adirondack to merge in $89.1M deal

Arrow and Adirondack banks are merging in an $89.1M deal; Arrow will gain 19 new locations and plans to expand west into the Mohawk Valley and north to mountain resort towns like Lake Placid.

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Banking Dive Feb 27, 2026 Commentary

HSBC names generative AI a leading investment area

HSBC plans to use generative AI for employee assistance, process reengineering, and customer experience; no direct impact on credit union operations.

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Banking Dive Feb 27, 2026 Enforcement|commentary TX

Warren grills Gould over World Liberty charter application

- Ranking member of the Senate Banking Committee warns OCC chief about potential corruption in approving World Liberty's crypto venture for a trust bank charter. - The warning suggests that approval could make the...

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Banking Dive Feb 26, 2026 Enforcement TX

Dive Deposits: The CFPB RIF case is truly at an impasse

The CFPB is considering settling the RIF case out of court; the D.C. Circuit may return the case to a district judge.

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CISA Alerts Feb 26, 2026 Security TX

CISA Issues Updated RESURGE Malware Analysis Highlighting a Stealthy but Active Threat

- RESURGE malware is described as a stealthy but active threat that credit unions should be aware of. - CISA has issued an updated analysis on the malware, providing insights for better protection.

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Banking Dive Feb 26, 2026 Commentary

Key wants 10% boost in its commercial-banking workforce

- Key is expanding its commercial-banking workforce in New York, Chicago, Southern California, and Atlanta. - The regional credit union seeks to add 10% more commercial bankers.

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Federal Register - Credit Unions Feb 26, 2026 Proposals TX

Renewal of Agency Information Collections of Previously Approved Collections; Request for Comments

- NCUA is submitting extensions and revisions of currently approved collections for renewal as required by the Paperwork Reduction Act of 1995. - The submission will be reviewed by the Office of Management and...

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Banking Dive Feb 25, 2026 Commentary TX

How the Fed is making AI ‘durable’

- Federal Reserve officials view AI as a transformative technology similar to ATMs, suggesting it will shift human effort towards higher-value work. - There are concerns about potential labor market costs associated with the...

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CISA Alerts Feb 25, 2026 Security TX

Immediate Action Required: CISA Issues Emergency Directive to Secure Cisco SD-WAN Systems

CISA has issued an emergency directive requiring immediate action to secure Cisco SD-WAN systems; this is critical for cybersecurity and risk management.

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Banking Dive Feb 25, 2026 Proposals TX

Payoneer applies for OCC’s national trust bank charter

- Payoneer has applied for an OCC national trust bank charter. - The OCC has conditionally approved at least seven trust bank charters since December.

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Banking Dive Feb 25, 2026 Commentary

Who could swallow PayPal?

The article discusses the potential acquisition of PayPal by a financial buyer, focusing on the significant size and complexity of such an acquisition; it questions whether a financial buyer is more likely than another...

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Banking Dive Feb 25, 2026 Commentary

Wells Fargo taps KeyBank alum to lead business banking

Dennis Devine, with experience from KeyBank and Alliant Credit Union, has joined Wells Fargo as the bank aims to expand its business banking segment post-asset cap lifting; This move is aimed at boosting business...

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Banking Dive Feb 25, 2026 Commentary TX

How the OCC is handling its charter application workload

The OCC is addressing an increase in new-bank applications by reallocating staff from supervision roles into one- or two-year rotations within the chartering department; this move aims to expedite the application process.

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Federal Register - Credit Unions Feb 25, 2026 Proposals TX

Statutory Liens

- The NCUA Board is proposing to remove a redundant provision regarding statutory lien authority for federal credit unions. - This provision is considered unnecessary as it does not provide value in determining applicable...

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Federal Register - Credit Unions Feb 25, 2026 Proposals TX

Credit Union Service Contracts

- The NCUA Board is proposing to revise regulations by eliminating a provision related to credit union service contracts. - This change aims to reduce administrative costs and compliance complexity, allowing FCUs to serve...

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Federal Register - Credit Unions Feb 25, 2026 Proposals TX

Refund of Interest

• The NCUA Board proposes to rescind a regulation regarding the refund of interest to members as it is deemed redundant. • This proposal reiterates existing authority granted by the Federal Credit Union Act...

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