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Sep. 09, 2025
ICBA sent a letter to Sen. Mike Rounds (R-S.D.) in support of the Merchant Banking Modernization Act (S. 2663), which would provide more flexibility to community banks in offering merchant banking services. ICBA noted that the legislation would amend the Bank Holding Company Act to permit merchant banking investments to be held for at least 15 years and that this additional flexibility will result in more capital flowing to small businesses that are hampered by the Federal Reserve’s 10-year limitation.
Sep. 09, 2025
ICBA submitted a statement for the record ahead of the Senate Banking Committee’s hearing on deposit insurance reform. ICBA said community banks should not be penalized by any future reforms to deposit insurance, and reforms must promote depositor confidence in community banks and prevent deposit flight to too-big-to-fail banks.
Sep. 09, 2025
Sep. 09, 2025
Sep. 09, 2025
Sep. 09, 2025
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