Depository Issues

Collaboration between state and federal regulators is as equally important as state-to-state collaboration. In fact, today’s dynamic financial services industry demands increased state-federal regulatory coordination.

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.

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