ICBA is urging community bankers to use its Be Heard Grassroots Action Center to submit comments on the latest round of the current Economic Growth and Regulatory Paperwork Reduction Act review before today’s deadline.
Details: Community bankers can use the ICBA action center to submit customized messages on issues such as:
Frequency of safety and soundness exams.
Independent audits.
Internal control requirements.
Brokered deposits.
Transactions with affiliates.
Real estate lending standards.
Background: EGRPRA requires the federal banking agencies to review their regulations every 10 years to identify outdated, unnecessary, or unduly burdensome regulations, allowing community bankers to articulate concerns with regulatory burden and its impact on local communities. Submit comments today.