The Year in Compliance: 6 Notable Updates for Community Banks

Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.

The article highlights six important compliance updates for community bankers:

• The Financial Crimes Enforcement Network’s beneficial ownership rule.
• The Consumer Financial Protection Bureau’s guidance on “phantom” opt-in overdraft agreements.
• The FDIC’s proposed rule on “for benefit of” accounts in bank-fintech partnerships.
• The Cybersecurity and Infrastructure Security Agency’s additional cyber incident reporting rules.
• Increased check fraud scrutiny for large banks.
• Community Reinvestment Act and Section 1071 final rules.

Check out CBA’s 2025 Compliance programming: 

• CBA’s Compliance Professionals Package
• Flood Compliance
• TRID Review
• CRA: Community Reinvestment Act
• 2025 Compliance Spring Summit: Spring Cleaning & Hot Topics
• 2025 Compliance Specialist Certificate
• Banker Regulatory Forum
• 2025 1071 Small Business Data
• Complex Lending Compliance Requirements
• Risk Assessments, Compliance & Change Management with ERM