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Banking On It

Welcome to Banking On It, a blog providing timely, practical, and insightful commentary on the legal challenges and regulatory risks impacting regional and community banks, national banks, credit unions, mortgage lenders, commercial and consumer lenders, fintechs, payment providers, and other financial institutions. Whether you’re a bank executive, compliance officer, or legal professional, our goal is to keep you informed and prepared for what’s ahead in today’s complex regulatory landscape and ever-changing market.

A Forum for Insights in Credit and Compliance

The focus of our Banking On It blog spans a wide range of areas that are increasingly relevant in today’s economic climate, including consumer finance, loan originations, bankruptcy, special assets, and loan workouts. In addition to regulatory updates, we delve into enforcement trends and emerging risks that could affect your institution’s operations and strategic decisions. Backed by our proven track record spanning decades in the banking and finance industry, this blog aims to be a valuable resource for financial institutions seeking clarity and guidance in a rapidly changing regulatory environment.

Latest Blog Posts

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What Banks Need to Know About the Main Street Capital Access Act

April 2, 2026 | Finance Industry Blogs

On January 7, 2026, Representative J. French Hill (R-AR) introduced H.R. 6955, the Main Street Capit...

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Inside the Vault: An Overview of the Federal Reserve and Strategic Considerations for Lenders and Issuers

March 31, 2026 | Finance Industry Blogs

The Federal Reserve, which serves as the nation’s central bank, is set to undergo a major leadersh...

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Letters of Credit: A Strategic Tool for Community and Regional Banks

March 17, 2026 | Finance Industry Blogs

For community and regional banks, letters of credit remain one of the most valuable and often undera...

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Shadow Banking and Private Credit: What It Is, Why It’s Used, and Why It’s in the News

March 10, 2026 | Finance Industry Blogs

You have probably seen “shadow banking” and “private credit” splashed across recent financia...

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Lessons and Takeaways from Recent FDIC Enforcement Actions

December 3, 2025 | Finance Industry Blogs

On October 31, 2025, the Federal Deposit Insurance Corporation (FDIC) released its list of enforceme...

Bill Introduced to Increase Reporting Thresholds Under the Bank Secrecy Act

November 7, 2025 | Finance Industry Blogs

On October 21, 2025, the Senate Committee on Banking, Housing, and Urban Affairs introduced S.B. 301...

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FDIC Modifies Its Examination Manual to Remove Disparate Impact Liability, in Line with Recent Executive Order

September 18, 2025 | Finance Industry Blogs

The Federal Deposit Insurance Corporation (FDIC) announced in a Financial Institution Letter (FIL-41...

Extended 1071 Rule Compliance Deadlines Still Stand, but New CFPB Rulemaking Planned

September 15, 2025 | Finance Industry Blogs

On June 18, 2025, the Consumer Financial Protection Bureau (CFPB) published an interim final rule ex...

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Recent Trends in FDIC Consumer Compliance Examinations and Complaints

August 13, 2025 | Finance Industry Blogs

The Federal Deposit Insurance Corporation (FDIC) recently released its Consumer Compliance Superviso...

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Texas Court Vacates CFPB’s Medical Debt Rule: Lender and CRA Takeaways

August 6, 2025 | Finance Industry Blogs

On July 11, 2025, the U.S. District Court for the Eastern District of Texas vacated the Consumer Fin...

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Disparate Impact Discrimination in AI Underwriting Alleged Against Student Loan Company

August 4, 2025 | Finance Industry Blogs

On July 10, 2025, the Massachusetts Attorney General’s Office (AGO) reached a $2.5 million settlem...

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GENIUS Act to Create Legal Framework for Stablecoin Issuers

July 18, 2025 | Finance Industry Blogs

On June 17, the U.S. Senate voted 68-30 to pass the Guiding and Establishing National Innovation for...

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The State of the CFPB Amid Reduction in Force Litigation

May 15, 2025 | Finance Industry Blogs

The Consumer Financial Protection Bureau (CFPB) has been at the center of significant legal and oper...

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What Does the CFPB’s Withdrawal of Guidance Documents Mean for Bank Compliance

May 14, 2025 | Finance Industry Blogs

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various...

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Trump’s New Executive Order Targeting Disparate Impact Liability May Target Fair Lending as Well

April 29, 2025 | Finance Industry Blogs

On April 23, 2025, President Trump issued an executive order (EO) titled “Restoring Equality of Op...

Banking On It Contacts

Lindsay S. Oak Profile Image
Lindsay S. Oak

Partner

Columbus, OH

Emilia R. Rubin Profile Image
Emilia R. Rubin

Senior Associate

Columbus, OH

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