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ARTICLE · 14 MAY 2026

CFPB Narrows Small Business Lending Rule

Goodwin Procter LLP
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The Consumer Financial Protection Bureau has issued significant amendments to its small business lending rule under Regulation B, narrowing the scope of covered transactions and institutions while adjusting data collection requirements. Federal banking regulators have released their annual loan-to-deposit ratio updates and the OCC's Spring 2026 risk assessment, highlighting emerging challenges in commercial real estate, cybersecurity, and compliance.

United StatesFinance and Banking
Josh Burlingham
Josh Burlingham
William Stern
William Stern
Alexander J. Callen
Alexander J. Callen
Rob Binkowski
Rob Binkowski
Gloria Han
Gloria Han

Welcome to Goodwin’s Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business developments related to financial services and banking.

In this issue

  • CFPB Narrows Small Business Lending Rule
  • Federal Banking Agencies Issue Updated Host State Loan-to-Deposit Ratios
  • OCC Releases Spring 2026 Semiannual Risk Perspective, Addressing Key Risks in Federal Banking System
  • Anchor Bank Assumes Deposits of Community Bank and Trust - West Georgia in Receivership

 

1CFPB Narrows Small Business Lending Rule

On May 1, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending the small business lending rule under Regulation B, which implements ECOA, as amended by section 1071 of the Dodd-Frank Act. Section 1071 requires the CFPB to adopt rules governing the collection of certain data on credit applications for women-owned, minority-owned, and small businesses. The final rule amends a prior version of the small business lending

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