WASHINGTON - (11/22/04) -- Congress finished the brunt of itslame duck session and left town Saturday, leaving the bankruptcyreform to die on the vine once again. Lawmakers may return for abrief attempt to vote recommendations by the 9/11 Commission butonly if agreement can be reached on the key recommendations,according to John McKechnie, chief lobbyist for CUNA. "It doesn'tlook as if they're going to get to our stuff," McKechnie told TheCredit Union Journal Sunday. The long-sought bill, which would makeit tougher for individuals to walk away from debt, relegating theminstead to a reorganization of their finances, has been lingeringsince it was passed by both the House and Senate last year, butboth chambers have yet to agree on a single version of the bill.This would be the fourth straight Congress that the bill hasdied.
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In American Banker's ranking of banks with the strongest metrics, here is this year's list, based on 2025 data from Capital Performance Group.
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The bipartisan housing package, dismissed by President Trump as a "yawn," takes effect automatically after he declined to sign it in protest over stalled voter ID legislation.
July 11 -
The failure of Kentland Federal Savings and Loan, the nation's smallest standalone bank at $3.7 million of assets, will cause an estimated $1.2 million hit to the deposit insurance fund, according to the Federal Deposit Insurance Corp. Kentland's failure is the third bank failure in 2026.
July 10 -
The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.
July 10 -
The Denver-based bank reported that two loans soured, one due to fraud. A number of other lenders reported sizable fraud-related losses last fall.
July 10 -
The Wyoming digital asset bank is requesting that the high court review previous decisions granting the central bank 'unbounded, unreviewable discretion' in light of its recent Cook and Slaughter rulings. A decision could impact how cryptocurrency intersects with the standard banking system.
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