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Tag Archives: Small Banks

OCC Head Has Ideas to Help Smaller Banks

When it comes to regulatory reform, smaller community banks should be a prime concern, according to Acting Comptroller of the Currency Keith A. Noreika. Noreika said as much in his address of the Senate Committee on Banking, Housing, and Urban Affairs on Thursday. He also laid out several steps lawmakers can take to lower barriers of entry and expand opportunities for community banks across the country.

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Small Banks Coping with Population Loss

A new study by the FDIC found that thanks to a strong agriculture sector, small banks based in rural areas are coping better than expected in the face of a steady exodus of residents. In fact, they’re doing better than metro-based community banks. But how long rural banks will be able to stay strong is a much dodgier question to answer.

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FDIC: Community Banks Remain Resilient Amid Industry Consolidation

A new study conducted by the Federal Deposit Insurance Corporation (FDIC) suggests that small bank's fears over increased regulations and consolidation are largely unfounded. The study, "The Continued Resiliency and Importance of Community Banks Amid Long-Term Industry Consolidation," comments that bank consolidation is largely restricted to very small and very large banks.

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OCC Chief Counsel Testifies on Small Bank Issues

During her testimony before the U.S. House of Representatives Financial Services Committee on Tuesday, the Office of the Comptroller of the Currency's (OCC) Chief Counsel Amy Friend addressed issues regarding the regulatory burden faced by small banks.

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Survey: Small Banks Frustrated by Dodd-Frank

The results of a recent small-bank survey found small banks are facing rising compliance costs, and finding it harder to serve customers, due to the new regulations from the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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