The asset threshold under the Federal Deposit Insurance Act that lets well-managed banks be examined every 18 months instead of every 12 would rise from the current $3 billion to $6 billion. About 600 additional community banks and credit unions would qualify for the longer examination cycle. The change is a companion to the SMART Act (HR 4437) and is part of a broader 2025 effort by Reps. Moore of North Carolina and Torres of New York to ease federal examination burden on smaller institutions that were swept into stricter post-2010 supervisory rules. The amendment is technical — it strikes "$3,000,000,000" and inserts "$6,000,000,000" in two places of 12 U.S.C. 1820(d).
Corporate Benefits
- 18-month examination cycle threshold — raised from $3 billion to $6 billion in assets
Congressional Summary
Tailored Regulatory Updates for Supervisory Testing Act of 2025 or the TRUST Act of 2025This bill permits additional small insured depository institutions that are considered well-capitalized and well-managed (per their most recent examination) to qualify for less frequent examinations conducted by federal financial regulators. Specifically, the bill raises the maximum asset level that qualifies an institution for less frequent examinations from less than $3 billion to less than $6 billion.
Legislative Subjects
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Introduced in House
- Action Date
- 2025-07-17
- Date Added
- 2026-05-08
- Source
- Congress.gov →
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