Jump to Content
ABA: The American Bankers Association
Statement

ABA Statement on Community Bank Leverage Ratio Increase

“While today’s announcement by banking regulators on the scheduled year-end Community Bank Leverage Ratio increase was anticipated, it underscores the need for a legislative solution to support community banks and the services they provide to their customers, clients and communities. That is why ABA recently joined 51 state bankers associations in expressing our support for Rep. Tracey Mann’s Community Bank Relief Act of 2021, which would direct regulators to fix the CBLR at a level between 8.0% and 8.5% between January 1, 2022 and December 31, 2024. As the President made clear today, the pandemic is still with us, and many community banks face leverage ratio constraints in part because of their sustained efforts to help customers and communities cope with the COVID-19 pandemic. This sensible, temporary solution would provide important relief to these institutions without undue risk to the financial system or to the communities in which these banks operate. We urge Congress to consider the bill as soon as possible.”

###

About the American Bankers Association

The American Bankers Association is the voice of the nation’s $23.6 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $19.4 trillion in deposits and extend $12 trillion in loans.

Press Contact

Blair Bernstein

(202) 663-5468

Contact Blair
Useful Links

Resources for the Media

Media Contacts

All inquiries from the press can be directed to one of our press contacts.

ABA Expert Photos

Hi-Res photos for use by the press.

ABA Media Appearances

Getting the industry's message out – in print and on the air – about banks' health and lending, as well as policies that are harmful to economic recovery.

Media Credentials

Complimentary press registrations are available for select events.

Join Our Media Lists

Want to be added to our news release list? Sign up here.

RSS Feed

Get ABA press releases via RSS.