ICBA released a new position paper on the potential impact of new climate change regulations on community banks.
Details: The white paper spotlights legislative and regulatory climate change efforts and says:
- Community banks are experts at monitoring the risk of their lending and investment portfolios and do not need more regulation to manage their potential climate risks.
- ICBA will oppose any climate risk regulation that adversely affects community banks and their ability to support their communities and customers. Read the Paper.