regulatory
confidence high
sentiment neutral
materiality 0.50
FirstBank (FB Financial subsidiary) joins Federal Reserve System; Fed becomes primary federal regulator
FB Financial Corp
- Effective Dec 2, 2025, FirstBank became a member of the Federal Reserve System.
- Federal Reserve Board becomes primary federal regulator, replacing FDIC.
- Tennessee Department of Financial Institutions continues as primary state regulator.
- Customer deposits remain FDIC-insured; day-to-day experience unchanged.