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Bank Capital Requirements
The federal banking regulators have published three proposed rules to lower capital requirements for banks as part of an effort to boost lending activity. The first proposed rule would implement the Basel III endgame agreement by revising the risk-based capital requirements for the largest banks. The second proposal would revise how the surcharge for globally systemically important banks, or GSIBs, is calculated. The third proposal would revise the risk-based capital treatment of certain assets and other exposure categories under the standardized approach, which applies to most banks.
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Property Insurance Requirements | Fannie Mae and Freddie Mac will now accept actual cash value coverage on roofs for single-family homes and condos, according to the FHFA. The remainder of a home must have replacement cost value coverage. The change is being made because full replacement roof coverage has become expensive and difficult to find in many states. FHFA is also making additional simplifications to its requirements. | | Nonbanks Bidding on Failed Banks | The FDIC board has rescinded a 2009 policy that prevented private equity firms and other nonbanks from bidding on failed banks. According to a board memo, the rescinded policy included “onerous and highly prescriptive measures” such as heightened capital standards and lengthy continuity of ownership requirements. The board also rescinded a Q&A on the policy. | | | | |
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Banker Kristen Brabble Backs Her Community with "Tackle the Tar" | | First Carolina Bank Chief Operating Officer Kristen Brabble, a former member of the NC Emerging Leaders Advisory Board, helped launch Rocky Mount Rotary Club’s Tackle The Tar in 2014. The 5K obstacle course returns Saturday, May 16, 2026, at the Rocky Mount Sports Complex and raises scholarship funds for students in Nash and Edgecombe counties attending Nash Community College, Edgecombe Community College, or N.C. Wesleyan University. | | |
“I originally joined the Rocky Mount Rotary Club to build connections after moving to Rocky Mount early in my career,” Brabble said.
“When I saw the club was looking for a signature fundraising project, I pitched the idea for Tackle The Tar. Since our first race in 2014, we’ve awarded more than $720,000 in scholarships.”
| | | The event features more than 20 obstacles, including mud pits, with heats for kids, first responders, competitive runners, fun runners, and college students. More than 900 runners from 95 cities across six states participated last year. Organizers are encouraging support through registration, sponsorships, and volunteer participation. | | | | |
Fidelity Bank Celebrates New Carmel Executive Park Branch in Charlotte | | Fidelity Bank celebrated the grand opening of its new Carmel Executive Park Branch in Charlotte, marking another milestone in the bank’s continued growth across the region. | |
Founded in 1909 as the Bank of Fuquay in Fuquay Springs, North Carolina, Fidelity Bank has grown into a more than $4.5 billion institution with more than 50 offices across North Carolina, South Carolina and Virginia. The bank is led by President & CEO Mary Willis and a team that continues to expand the bank’s reach while maintaining a strong commitment to service.
NCBA President & CEO Peter Gwaltney joined bank leaders and guests for the opening celebration. He noted that continued branch expansion by NCBA member banks reflects both the strength of North Carolina’s banking industry and the broader health of the state’s economy. He also pointed to the steady pace of new branch openings in recent years as a sign of the opportunities banks continue to see across North Carolina.
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blueharbor bank and Providence Bank Recognized Among Nation’s Best-Performing Community Banks | blueharbor bank of Mooresville and Providence Bank of Rocky Mount have been named among the top 100 best-performing community banks in the nation by S&P Global Market Intelligence. | | | | | |
In the ranking of banks with less than $3 billion in assets, blueharbor bank placed No. 28 and Providence ranked No. 35. The evaluation was based on eight performance measures, including profitability, operating efficiency, revenue and deposit growth, asset quality, loan performance and capital strength. | | | | |
Federal Legislative &
Regulatory Update⚖️
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Senators Chris Coons (D-DE) and Lisa Murkowski (R-AK) have introduced The Ending Scam Credit Repair Act (ESCRA). The legislation would prohibit credit repair organizations from collecting payment until six months after they have provided proof that a consumer’s credit score has improved. The bill would also prohibit “jamming,” in which financial institutions are flooded with duplicative disputes. | | Left: Sen. Chris Coons | Right: Lisa Murkowski | | The legislation is a companion bill to one (H.R. 306) introduced in the House earlier this year. | | | | |
State Legislative &
Regulatory Update⚖️
| | State Banking Commission Meeting | The State Banking Commission met on Wednesday for a regularly scheduled meeting. Commissioner of Banks Katherine M.R. Bosken provided a recap of the work undertaken by the Office of the Commissioner of Banks during 2025. The Commission also received a report on the agency’s financial position and made an amendment to the current budget. | | NC Commissioner of Banks Katherine Bosken | | |
Finally, the Commission listened to a legislative update and a report on the periodic review process for agency rules.
The next Commission meeting is scheduled for June 10.
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Announcing NCBA's New Membership Portal! | NCBA is rolling out a new membership portal powered by Novi to make it easier for members to connect with the Association and manage their engagement in one central location. The new portal will serve as a central hub for event registration, member data updates, affiliate directories, user groups, and more. | | | This upgrade is designed to create a smoother, more user-friendly experience while giving members better access to the tools and information they use most. Keep an eye on this Bulletin in the weeks ahead for more information about the new NCBA membership portal and what members can expect. | | | | |
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Need Credits? Earn CRCM, CPE, SHRM and More! | Looking to skill up? For a limited time, North Carolina Bankers Association is making it easier than ever to invest in your professional growth. Sign up for one of the upcoming webinars from our partnered providers: | | | | |
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First Carolina Bank Appoints Laura Kneavel, Cary Market Executive | First Carolina Bank announced the appointment of Laura Kneavel to Market Executive for the Cary market. In this role, Kneavel will lead the business development and portfolio management activities of the bank’s Cary office, working directly for Tom Clinard, Market President – Triangle and Wealth Management. | | North State Bank Welcomes David Harper | North State Bank has welcomed David Harper to its Government Lending team. Harper brings more than 25 years of experience in financial services and SBA lending, including deep expertise in the SBA 504 loan program. His addition reflects the bank’s continued commitment to supporting business owners across the Carolinas and beyond. | | | | |
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Genius is one percent inspiration,
ninety-nine percent perspiration.
- Thomas Edison |
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