ICBA Marks One-Year Anniversary of S.2155 Passage
Washington, D.C (May 21, 2019)—This week the Independent Community Bankers of America® (ICBA) is marking the one-year anniversary of the signing of the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155). ICBA and community banks were instrumental in its passage.
While regulators have moved swiftly to implement key provisions as noted in ICBA’s S.2155 Implementation Matrix additional reforms, which are highlighted in ICBA’s Community Focus 2020 legislative and regulatory agenda, are needed to support localized lending and economic growth.
Want to Know More?
To schedule an interview with a community banking expert to discuss this landmark law, how it’s helped community banks over the past year, and what still needs to be done, please contact Aleis Stokes at firstname.lastname@example.org or (202) 821-4457 and Nicole Swann at email@example.com or (202) 821-4458.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 52,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 760,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $4.9 trillion in assets, $3.9 trillion in deposits, and $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.