Community Banking

FDIC: Community Bank Branch Counts Hold Steady

Community banks slightly increased their numbers of branches in 2016 and over the previous five years, despite an ongoing trend in reduced branch numbers since 2008, according to the latest issue of the FDIC Quarterly.

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Hensarling: Choice Act to ‘Remove Bureaucrats from the Boardroom’

If passed, the Financial Choice Act will serve as a “deregulatory life preserver” for community banking institutions, said the bill’s architect, House Financial Services Committee Chairman Jeb Hensarling (R-Texas), in remarks at the American Bankers Association’s Government Relations Summit this morning.

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Burgess: Regulatory Overload Hinders New Bank Startups

Excessive regulation discourages investors from launching de novo banks, thus reducing capacity for economic growth and financial choices for consumers and businesses across the country, ABA Chairman-Elect Ken Burgess said in congressional testimony today.

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