Federal Legislation
Congress Mandates Merger Process Reviews
February 25, 2026
Congress has enacted the Merger Process Review Act, requiring Inspectors General of federal depository institution regulatory agencies—including the Federal Reserve Board, FDIC, OCC, and NCUA—to conduct comprehensive triennial reviews of their agencies' merger application processes. These reviews will assess timeliness, efficiency, and impact, aiming to identify procedural delays and recommend improvements. Findings and agency responses will be reported to Congress to enhance the merger approval process for insured depository institutions.
- Why this matters: Agencies involved in bank and credit union mergers must prepare for increased oversight and reporting requirements that could affect merger timelines and procedural transparency.
- Procurement and compliance teams supporting these agencies should anticipate potential adjustments in contract scopes related to merger processing systems and advisory services.
- Financial institutions and contractors should evaluate how these reviews might influence future regulatory requirements and opportunities for technology or consulting services aimed at streamlining merger workflows.
- Organizations engaged in regulatory compliance and financial services should monitor agency responses to these reviews for evolving standards impacting merger-related procurements.
Agencies
Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, National Credit Union Administration Board, Committee on Financial Services
Locations
Sources
- H. Rept. 119-528 - MERGER PROCESS REVIEW ACT · congress · Feb 25