Depository Issues

CSBS recommendations adopted in the 2016 Financial CHOICE Act include a provision stating state regulators be included in the regulatory processes related to capital election.

Community banks offer tailored mortgages to homebuyers in local communities throughout the country. Many community banks hold those mortgages in their portfolio for the life of the loan.

The BSCA, a bill introduced in the 114th Congress, is commonsense, bipartisan legislation that makes state and federal supervision more efficient and more effective.

There is general recognition of the regulatory costs and obstacles facing community banks.