ICBA is encouraging community banks to submit comment letters urging regulators to exempt more community banks from the Basel III capital rules.
Community bankers can use ICBA’s Be Heard grassroots action center to tell regulators that their proposed 9 percent community bank leverage ratio is too high. ICBA is calling for an 8 percent CBLR to include another 600 highly capitalized community banks in the exemption.
Last year’s ICBA-advocated S. 2155 regulatory relief law requires the banking agencies to develop a CBLR of between 8 and 10 percent to exempt banks under $10 billion in assets from risk-based capital requirements.
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