Fed publishes Ontario Bancorporation capital and cash-flow agreement

Related reporting

• Fed publishes discount-rate rule reflecting September 17 increasesSep 30, 2026

  The September 30 Regulation A final rule sets primary credit at 4.00% and secondary credit at 4.50%, reflecting the Federal Reserve’s September 16 approval and rates applicable since September 17.

• Fed proposes reserve, capital and application rules for stablecoin issuersSep 27, 2026

  On September 24, the Federal Reserve proposed standards for Board-supervised payment stablecoin issuers, including permitted reserve assets, capital and risk management. A separate proposal addresses applications by supervised banks seeking to issue through subsidiaries.

• Chime’s $590 million Stride agreement puts sponsor-banking economics in focusSep 28, 2026

  Chime’s September 8 agreement would acquire Central Service Corporation, the parent of Stride Bank, N.A., for $590 million in cash, subject to purchase-price adjustments. The bank would become Chime Bank, N.A., a wholly owned subsidiary. Chime’s announcement targets closing in the first half of 2027, subject to Federal Reserve and OCC approvals and other conditions. This is catch-up analysis of the announced transaction, not a report that the acquisition has closed.