FOR IMMEDIATE RELEASE
ICBA Releases Community Bank Reference Guide to Dodd-Frank
Document helps community banks navigate titles and provisions, see what actually affects them
Washington, D.C. (January 25, 2012)—The Independent Community Bankers of America (ICBA) today released a concise 12-page reference guide for community bankers to help them effectively navigate the various titles and provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act.
“Now more than ever community banks need a no-spin reference guide to what’s in Dodd-Frank and what actually affects them and their business,” said Camden R. Fine, ICBA president and CEO. “ICBA is pleased to offer this easy-to-understand, educational document to community banks. This will help them clearly see what titles and provisions apply to community banks and, just as important, what titles and provisions do not apply, such as the many systemic risk provisions. By clearly seeing what affects them, community banks will be able to move forward and continue to grow their business and serve the needs of their customers and communities.”
ICBA issued the reference guide so that community banks would have ample opportunity to review the various titles of the act and prepare for the regulations that will be issued in the months ahead. The color-coded guide distinguishes the provisions as applying to community banks, not applying to community banks, applying to some community banks, or possibly having an impact depending on the implementing regulations.
A hard copy of the reference guide will be distributed with the March 2012 issue of ICBA Independent Banker magazine and in registration kits for the 2012 ICBA National Convention and Techworld, which will be held in Nashville, March 11-15.
To download ICBA’s reference guide, click here.