Four US federal banking agencies have extended the public comment period on proposed third-party risk management guidance to 16 Dec, according to the Federal Reserve. Comments were originally due 16 Nov. The Federal Reserve Board separately extended its deadline to 16 Dec for a proposed guide aimed at traditional community banks it supervises. The agencies plan to rescind existing third-party risk guidance and replace it with finalized versions once completed. The proposal takes a principles-based approach and is non-binding.
Federal Reserve Board
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13 November 2026
The Federal Reserve Board has issued an enforcement action against Katilyn M. Robinson, a former employee of United Community Bank in Greenville, South Carolina. The Board announced the action on 12 Nov 2026. It is a consent prohibition tied to the misappropriation of customer funds, meaning Robinson has agreed to be barred from working in the banking sector. The Board said it issued the order.
12 November 2026
The Federal Reserve Board has announced pricing for its payment services to banks and credit unions, taking effect 1 Jan 2027. The Fed expects to recover 101.5 percent of its actual and imputed expenses next year. Established, mature services are projected to rise by an average of 1.4 percent. The Reserve Banks are also streamlining check services, optimizing processing windows during low-volume periods and raising the fees banks and credit unions pay to process checks. The full 2027 fee schedule is published on FRBservices.org.
10 November 2026
The Federal Reserve Board approved applications for Mutual Federal Bancorp and MFB Bancorp, Inc., enabling the formation of a new top‑tier holding company, MFB Bancorp, Inc. The new entity will become a savings and loan holding company after acquiring Mutual Federal Bank. Both firms are headquartered in Chicago, Illinois.
5 November 2026
The Federal Reserve Board reports that the enforcement action terminated on 21 Oct 2026. The termination was announced on 5 Nov 2026, affecting Allegiant United Holdings, Nano Financial Holdings and Nano Banc, all headquartered in Irvine, California. The related written agreement dates back to 24 Feb 2021, and the announcement was scheduled for 11:00 a.m. EST.
30 October 2026
The Federal Reserve Board has approved an application by The Bank of Nova Scotia, a Toronto-based lender, to become a bank holding company. The approval relates to an acquisition involving Maple Financial Holdings, Inc., of Dallas, Texas, which would indirectly bring MapleMark Bank of Tulsa, Oklahoma, under the Canadian bank's control. The Federal Reserve Board announced the decision at 4:30 p.m. EDT on 29 Oct.