The Federal Reserve Board on July 31, 2026, requested public comment on proposals to modernize rules governing credit extension to bank insiders—executives, board members, and major shareholders—and to mutual banking organizations. The updates aim to reflect current lending practices.
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Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions
Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations