Now is the Time for All Community Banks to Act
October 17, 2012
One of the most important regulatory comment deadlines in memory will be here in less than a week!
CBAI has responded to the regulators and submitted specific recommendations regarding a dozen of the proposed Rules which would most negatively impact community banks. In addition, CBAI called for a community bank exemption to Basel III. Read CBAI’s Comment Letter.
CBAI is committed to vigorously represent your interests with the banking regulators. It is vital that you become familiar with the proposed rules covering new capital requirements and asset risk weights. If implemented as proposed, these rules may endanger the existence of your community bank.
Your opportunity to inform the regulators about their impact on your bank and to help shape the rules will expire on October 22nd. Your voice must be heard! Now is the time to speak-up.
Find instructions for submitting your own comment letter and more at CBAI’s Basel III Resource Center.