California DFPI, State Banking Supervisors Weigh in on Proposed CAMELS Changes
Nora Macaluso, VitalLaw
The California Department of Financial Protection and Innovation said the proposal would weaken oversight, while a coalition of state banking supervisors voiced support for the plan.
The California Department of Financial Protection and Innovation (DFPI) released a comment letter opposing a Federal Financial Institutions Examination Council (FFIEC) proposal to make changes to the composite rating system used to measure a bank’s financial condition and risk profile…
Click here to read the NASCUS, CSBS and ACSSS comment letter.
Read More‘Not The Place to Commit Financial Crimes’: Utah Aims to Better Fight Complex Scams
Annie Knox, Utah News Dispatch
Utah is stepping up its efforts to investigate scams and connect the dots between them with a new hub that’s the second of its kind in the nation, state leaders said Monday.
They want the Financial Crimes Intelligence Center in the Utah attorney general’s office to form a new line of defense against increasingly sophisticated operations, including those using artificial intelligence to multiply their reach, said Utah Attorney General Derek Brown…
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Credit Union Groups Ask Congress to Expand Small-Business Lending
Michael Ogden, Credit Union Times
Credit union trade groups are urging Congress to remove regulatory and statutory barriers they say limit credit unions’ ability to finance small businesses, particularly veteran-owned companies and those in rural communities.
America’s Credit Unions told the House Financial Services Committee that credit unions provide more than $90 billion in commercial loans and argued several pending bills could expand their small-business lending capacity. The group specifically backed legislation that would exempt loans to veteran-owned businesses from the federal member business lending cap…
Read MoreDept. of Financial Institutions: Wisconsin’s State-Chartered Banks Report Sound Second-Quarter Financial Performance
WISPolitics.com
Wisconsin’s state-chartered banks reported sound financial performance through the second quarter of 2026, according to data released today by the Wisconsin Department of Financial Institutions (DFI). As of June 30, 2026, there were 114 state-chartered commercial banks serving Wisconsin residents.
Total assets for Wisconsin’s state-chartered banks stood at $75.2 billion through June 30, 2026, up from $71.5 billion reported on June 30, 2025. The net interest margin improved to 3.77% compared to 3.47% in June 2026. Net loans increased by 5.75% to $55.1 billion, up by $3 billion over the same time…
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