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ICBA & IBANYS: Submit Comments To Regulators On Exempting More Community Banks From Basel III Capital Rules

New York community bankers: Use ICBA’s Be Heard grassroots action center to tell regulators that their proposed 9 percent community bank leverage ratio is too high. IBANYS joins ICBA in calling for an 8 percent CBRLR to include another roughly 600 highly capitalized community banks in the exemption.

Last year’s ICBA-advocated S. 2155 regulatory relief law requires the banking agencies to develop a CBLR of between 8 and 10 percent to exempt banks under $10 billion in assets from risk-based capital requirements. Take a few minutes to submit the pre-written comment from ICBA and add your personal experience/story to send a clear message to the banking agencies that this reform is needed.

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