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ABA: The American Bankers Association
Statement

ABA Applauds Regulators’ Move to Tailor Community Bank Examinations

“We commend the interim final rule released today by the FDIC, Federal Reserve and OCC to expand community banks’ eligibility for extended exam cycles in line with the 21st Century ROAD to Housing Act. This action rightly tailors examinations to ensure that smaller banks are subject to levels of supervision that are appropriate to their size and risk profile. We appreciate the ongoing efforts by bank regulators to tailor bank regulations in a common-sense way that preserves the safety and soundness of our banking system and enables banks of all sizes to better serve their customers.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $26.5 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.7 trillion in deposits and extend $13.9 trillion in loans.

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